Pair’s Outlook Although a breach of the resistance on Jun 30 represented by the 2009 high was considered to be a bullish sign, in the end the Sterling proved ... Read More
Pair’s Outlook Not without some difficulties, but USD/JPY managed to reach the resistance at 101.83/73. However, despite the monthly technical indicators giving ‘buy’ signals, the pair may not advance ... Read More
EUR/USD continues to point southward on Wednesday. In the European session, the pair is trading in the low-1.35 range. The dollar is broadly higher following remarks from Janet Yellen ... Read More
U.S. stock index futures fell sharply on Thursday as European shares tumbled on growth concerns after weak data out of Italy and concern over the health of Portugal’s top ... Read More
Dubai Gold and Commodities Exchange (DGCX) has announced the re-listing of its Indian Rupee Options contract. DGCX’s new advanced trading infrastructure, built in partnership with leading global financial technology ... Read More
Alcoa unofficially kicked off earnings season with gusto Tuesday, delivering second-quarter results that smashed expectations. The aluminum giant reported an adjusted quarterly profit of 18 cents a share — ... Read More
Not the ideal start to a week where many expected more enthusiasms being expressed across the various asset classes, especially after last week’s stronger US employment headline print. Maybe ... Read More
The Securities and Exchange Commission (SEC) has charged five traders for committing short selling violations while trading for themselves and Worldwide Capital Inc., a Long Island, N.Y.-based proprietary firm ... Read More
The Shanghai Pilot Free Trade Zone plans to set up an international assets and equity trading platform for financial leasing companies to diversify the financial services they offer from ... Read More
The failed Tokyo-based bitcoin exchange, Mt Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States as it awaits approval of a settlement ... Read More
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