Today is the last day for FX firms operating within the Europe Union to submit comments on the clarification of Foreign Exchange contracts, requested by a consultation…
Posts published in May 2014
Greenback Surges Against Major Counterparts
US dollar is gaining ground against its major counterparts as the fallout from Mario Draghi’s comments continue to encourage traders to change direction. Dollar index is higher, as the greenback makes…
Euro Takes a Hit on Stimulus Talk
Euro is heading lower, thanks to the latest talk of stimulus in the eurozone. For weeks Mario Draghi has been preparing traders for the possibility of further easing, but recent comments indicate that looser…
Juan Jutgla, CEO, Better Way FX Consulting In today’s Executive Interview we speak to Juan Jutgla, founder and CEO of a new forex and binary…
Two people have been arrested in connection with insider trading in the Australia dollar versus the United States dollar, known as the AUD/USD pair, as…
BTC/USD Technical Analysis – 9th May 2014
As we have been discussing almost all week, Bitcoin is threatening to rise to a certain resistance level – most importantly, one of our conditions…
Transferring bitcoins is a fairly easy process, but when it comes to accepting them for commerce, it is a bit more difficult. Like any payment…
Brazilian Real Gains on Inflation Outlook
Brazil is yet another country with accelerating inflation that may affect the central bank’s policy decision. This led to gains of the Brazilian real, which rose today, reaching the highest…
As part of our update for the last quarter, and amid recent developments relevant to the industry, Forex Magnates investigated what the number one priority…
The Chilean peso rallied today as nation’s consumer prices grew with faster pace, suggesting that there is no immediate need for the central bank to stimulate economic growth with additional…