Posts published in May 2014

As I predicted over the weekend, Bitcoin is struggling to rise above a confluence of resistance zones represented by two key Fibonacci retracement levels on…

US headquartered online broker (FXCM), operating a number of subsidiaries and regulated businesses including retail and institutional foreign exchange offerings, CFD and metals trading and…

The forex industry’s most widely used trading platform, MetaTrader 4, has just received a new upgrade to its existing client terminal build, which has debuted on…

OzForex Group today reported results for its year ending March 31, 2014, with Net Profit After Tax (NPAT) of $20.1 million on a pro forma…

The U.S. judge presiding over the MtGox bankruptcy proceedings by CoinLab that proposals to save the exchange are being unfairly executed. Last year, Seattle-based Coinlab…

Earlier in the year it was that Saxo Bank was intending to expand its Middle East presence with the launch of an office in Abu…

Euro continues to struggle in Forex trading, with the 18-nation currency hitting a new three month low against the US dollar. The euro has slipped below the 1.3600 level against the US dollar…

The Canadian dollar is trading flat against the US dollar today, but it is gaining some ground against its counterparts in Europe. Many traders expect reasonably good news…

The Australian dollar dropped today, paring its short-lived rally, as the nation’s leading indicators fell, suggesting that Australia’s economic recovery has not yet gained firm footing. Not all…

The Chinese yuan fell today, demonstrating the biggest drop since March, as the nation’s central bank set the daily fixing lowest since September due to concerns about slowing economic growth. People’s…