Currency Traders

U.S. dollar notes are seen in this picture illustration

The dollar held broad gains; Currency traders are looking to the upcoming G-20 meeting

The dollar held broad gains on Monday as investors sought shelter in the world’s most liquid currency on fears of a slowdown in global economic growth and as U.S.-Sino ... Read More

Euro to US Dollar is Strongly Supported at Mid-Point of Week

Euro to US Dollar continues rallying despite signs the exchange rate may be overvalued. The rally has been backed by a strengthening Euro and simultaneously weakening Dollar. The scales ... Read More
nzdjpy elliott wave

Elliott Wave Analysis: Sharp Decline On NZDJPY Suggest Final Wave Five To Be In Motion

Elliott Wave Analysis: Sharp Decline On NZDJPY Suggest Final Wave Five To Be In Motion NZDJPY is turning down from 79.40 area where pair completed wave 4) corrective rally. ... Read More

Elliott Wave Analysis: Big Triangle Correction On USDCHF Completed; More Gains May Now Follow Towards The 1.0700/1.0750

On the Daily chart of USDCHF we are looking at a higher degree complex correction, a three wave A-B-C rise of wave IV, that seems to be in action ... Read More

Market Volatility Has Currency Traders Abandoning a Tool to Stop Losses

Some currency investors, worried that events such as the pound’s recent collapse could become more common, are abandoning an automated trading mechanism that was supposed to protect them from ... Read More
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This is the darkest hour in global currency market that haunts currency traders

In the global currency market, the darkest hour comes just as dawn is breaking in Asia and traders in Sydney are sipping their first flat white. Between the New ... Read More

Panic dominates among currency traders in Egypt following parliament’s decision for tough punishments

Employees in exchange companies in the informal market express concern, outrage over parliament’s recent decision to crackdown on currency traders A state of panic has broken out among exchange ... Read More
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Bitcoin trading booms, lures currency traders

Bitcoin trading volume is soaring in Japan as wild price movements spur an increasing number of currency speculators to shift into the digital-money market. Japan’s leading bitcoin exchange operator ... Read More
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Morgan Stanley Warns Currency Traders Worst to Come for Dollar

The dollar is set to fall 5 percent in the next few months, the Federal Reserve isn’t raising interest rates anytime soon and U.S. economic data is only going ... Read More
HSBC building

Two top HSBC currency traders charged in forex probe

A top HSBC executive has been charged with fraud in the US. Mark Johnson, HSBC’s global head of foreign exchange trading was arrested on Tuesday night. A former colleague, ... Read More
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