Saturday, February 28, 2015

Bitcoin Weekly Wrap: Central Banks, Exchanges and Dell’s Endorsement

Bitcoin Weekly Wrap: Central Banks, Exchanges and Dell’s Endorsement


Bitcoin Weekly Wrap: Central Banks, Exchanges and Dell’s Endorsement

Posted: 28 Feb 2015 11:53 AM PST

The Bank of England has published a digital currencies report. Coinbase will use the blockchain to settle trades quicker, as Finland's unique bitcoin rules bring an edge to one of the newest Bitcoin exchanges.
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The post Bitcoin Weekly Wrap: Central Banks, Exchanges and Dell's Endorsement appeared first on Forex Magnates.

Greek Government on a Collision Course with EU Membership.. Again

Posted: 28 Feb 2015 10:07 AM PST

As the Greek government celebrates avoiding default and gaining record public support after the negotiation efforts, the currency market does not trust the single currency, selling euros for the 8th month running.
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The post Greek Government on a Collision Course with EU Membership.. Again appeared first on Forex Magnates.

Purported Venture Capital Fund Manager Charged By SEC with Fraud

Posted: 28 Feb 2015 08:29 AM PST

Operating in a Ponzi-like fashion, Gregory Gray Jr. and his firms, Archipel Capital LLC and BIM Management LP, have allegedly defrauded a number of investors who were supposedly purchasing Twitter and Uber shares.
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The post Purported Venture Capital Fund Manager Charged By SEC with Fraud appeared first on Forex Magnates.

Chinese Central Bank Cuts Rates Amid Growing Fears Of Deflation

Posted: 28 Feb 2015 07:16 AM PST

The move was largely expected as the People's Bank of China published a periodical on Friday, suggesting that the country is getting closer to deflation after growing at the slowest pace over 24 years in 2014.
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The post Chinese Central Bank Cuts Rates Amid Growing Fears Of Deflation appeared first on Forex Magnates.

USD/CAD Technical Analysis: Treading Water Below 1.27

USD/CAD Technical Analysis: Treading Water Below 1.27


USD/CAD Technical Analysis: Treading Water Below 1.27

Posted: 26 Feb 2015 09:25 PM PST

Friday, February 27, 2015

NFA Issues Permanent Ban on Chazon QTA Trading Artists, Lawrence Fejokwu

NFA Issues Permanent Ban on Chazon QTA Trading Artists, Lawrence Fejokwu


NFA Issues Permanent Ban on Chazon QTA Trading Artists, Lawrence Fejokwu

Posted: 27 Feb 2015 02:01 PM PST

The National Futures Association (NFA) has permanently barred Chazon QTA Quantitative Trading Artists LLC (Chazon), an NFA Member commodity pool operator (CPO), from NFA membership. Two weeks ago, the NFA published a Complaint settlement with Global Futures Exchange & Trading …
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The post NFA Issues Permanent Ban on Chazon QTA Trading Artists, Lawrence Fejokwu appeared first on Forex Magnates.

Over 100,000 Alpari UK Clients to Gain Access To Claims Portal

Posted: 27 Feb 2015 12:24 PM PST

The failed UK broker's special administrator KPMG will begin accepting claims by customers of Alpari UK in a couple of waves, due to the excessively large numbers of client claims which are likely to arise.
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The post Over 100,000 Alpari UK Clients to Gain Access To Claims Portal appeared first on Forex Magnates.

MGT Capital Investments Enters into Shareholder Agreement with Tera Group

Posted: 27 Feb 2015 11:53 AM PST

MGT Capital Investments, Inc. has formally entered into a Letter of Intent (LOI) with Tera Group, Inc., the owner of regulated Swap Execution Facility (SEF), TeraExchange, LLC. Back in October, TeraExchange, under the authorization of the US derivatives watchdog, the …
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The post MGT Capital Investments Enters into Shareholder Agreement with Tera Group appeared first on Forex Magnates.

KCG and BATS Obtain All Approvals for Hotspot Transaction

Posted: 27 Feb 2015 11:17 AM PST

As communicated by BATS Global Markets' CEO Chris Concannon to Forex Magnates earlier this month, the change of ownership of KCG's former FX unit Hotspot will not affect clients nor employees of the unit.
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The post KCG and BATS Obtain All Approvals for Hotspot Transaction appeared first on Forex Magnates.

Saxo Bank Launches 21 New Stock and ETF Options

Posted: 27 Feb 2015 11:05 AM PST

Saxo Bank has launched new stock and ETF options for its clients, fortifying its existing suite of options amidst a period of US equity indices operating at all-time highs.
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The post Saxo Bank Launches 21 New Stock and ETF Options appeared first on Forex Magnates.

Breaking: FXCM Inc on Track with Repayment Of Leucadia Loan

Posted: 27 Feb 2015 09:24 AM PST

According to Leucadia National's quarterly earnings report, the firm is expecting to receive over $75 million of its loan to FXCM within three months from the date of the agreement closure with the broker.
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The post Breaking: FXCM Inc on Track with Repayment Of Leucadia Loan appeared first on Forex Magnates.

TickCom to Deliver a Copy and Social Trading Alternative to the Market

Posted: 27 Feb 2015 06:44 AM PST

The firm is delivering retail brokers a new product designed to provide an alternative solution for automated trading, giving full strategy development control to the end clients without requiring coding skills.
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The post TickCom to Deliver a Copy and Social Trading Alternative to the Market appeared first on Forex Magnates.

BGC Partners Successfully Acquires 56.3% of GFI Group Shares

Posted: 27 Feb 2015 05:20 AM PST

The independent board members of GFI Group have resigned as BGC appoints 6 out of 8 directors on the new expanded board of the target firm after a takeover battle stretching for over 6 months.

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The post BGC Partners Successfully Acquires 56.3% of GFI Group Shares appeared first on Forex Magnates.

Average OTC Margin Forex Account Size in Japan Totals $14,000

Posted: 27 Feb 2015 04:26 AM PST

Japanese OTC FX margin volume skyrocketed 132% in the fiscal third quarter of 2014, marking a new all time high and reaffirming an ever-growing risk appetite by Japanese traders to engage in forex trading.
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The post Average OTC Margin Forex Account Size in Japan Totals $14,000 appeared first on Forex Magnates.

What’s Going on down Under?

Posted: 27 Feb 2015 03:00 AM PST

With all eyes on the Cricket World Cup in Australia, Matthew Clark asks if it is the time to focus on the Aussies.

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The post What's Going on down Under? appeared first on Forex Magnates.

Weekly Trading Forecast: Expect Heavy Seas Between NFPs, ECB and RBA

Weekly Trading Forecast: Expect Heavy Seas Between NFPs, ECB and RBA


Weekly Trading Forecast: Expect Heavy Seas Between NFPs, ECB and RBA

Posted: 27 Feb 2015 05:48 PM PST

A hiccup of volatility this past week nudged the FX and capital markets. The depth of event risk ahead will spur much more.

Australian Dollar Looks to RBA Rate Decision to Break Deadlock

Posted: 27 Feb 2015 05:38 PM PST

The Australian Dollar is looking to the RBA monetary policy announcement to break prices out of congestion following four weeks of deadlock.

Dollar Faces Rate Speculation, Risk Trends, Central Bank Moves

Posted: 27 Feb 2015 05:29 PM PST

The Dollar received a jolt of volatility this past week in a rally that followed the CPI inflation report, but the currency was unable to escape the bounds of a month-long range.

Strategy Video: When Will the Fed Hike Rates?

Posted: 27 Feb 2015 05:14 PM PST

It is one of the most frequently posed questions amongst market participants nowadays: "when will the Fed trigger its first rate hike?"

Trading Video: Expect Volatility for the Dollar, Equities, Euro...Everything

Posted: 27 Feb 2015 04:38 PM PST

The markets ended this past week with fine adjustments in anticipation of heavy event risk ahead.

Gold 1195 Support Remains Paramount Ahead of March Opening Range, NFP

Posted: 27 Feb 2015 04:13 PM PST

Gold prices snapped a four week losing streak with the precious metal rallying 1.27% to trade at $1216 ahead of the New York close on Friday.

GBP/USD Stalls at Key Juncture - Outlook Hinges on BoE, NFP

Posted: 27 Feb 2015 04:00 PM PST

The Bank of England’s (BoE) March 5 interest rate decision may have a limited impact on GBP/USD as the central bank is widely anticipated to retain its current policy, but the fundamental developments coming out of the U.K. may continue to boost the appeal of the sterling should the data prints highlight an improved outlook for growth and inflation.

US Dollar Likely to Reverse versus Japanese Yen in Week Ahead

Posted: 27 Feb 2015 04:00 PM PST

The Japanese Yen traded lower versus the US Dollar for the third week in four and left the USDJPY exchange rate near the key ¥120 level. Why might the week ahead finally bring a major breakout?

2 Reasons NZD/USD Could Be a Buy

Posted: 27 Feb 2015 12:00 PM PST

The Kiwi is giving us two reasons why buying might be the best course of action.

USDJPY Will Begin March at Bottom of Resistance Zone

Posted: 27 Feb 2015 11:42 AM PST

Early month trade is always important but even more for USDJPY next week as the rate begins March near the lower bound of its resistance zone (119.80).

EUR/USD Rebound Vulnerable to ECB’s 2017 Forecasts- 1.1300 in Focus

Posted: 27 Feb 2015 10:30 AM PST

The ECB’s updated economic forecast may heighten the bearish sentiment surrounding EUR/USD should the central bank highlight a dovish outlook for monetary policy.

The Weekly Volume Report: USD Pushes Higher But Still Waiting on Volume

Posted: 27 Feb 2015 07:00 AM PST

Instruments covered this week: EUR/USD, USD/JPY & AUD/USD

GBPJPY Sentiment Remains Elevated

Posted: 27 Feb 2015 06:22 AM PST

Using forex technical analysis we can identify which currencies are trending and follow those trends using the DailyFX Plus Breakout2 strategy.

US 4Q’14 GDP Slows but Beats Forecast, USD Off Lows

Posted: 27 Feb 2015 06:20 AM PST

A small beat against the forecast is helping stem the greenback's losses around month-end flows.

’Make or Break’ For USD/CAD

Posted: 27 Feb 2015 05:30 AM PST

Important directional move looming in USD/CAD?

EUR/USD Breaks Month-Long Range as Crowd Flips to Net-Long

Posted: 27 Feb 2015 03:57 AM PST

The Euro is rallying this morning thanks to higher German bund yields, reflecting higher CPI numbers out of Germany.

Bearish EUR/USD Outlook Vulnerable to Dismal 4Q U.S. GDP Report

Posted: 27 Feb 2015 02:00 AM PST

The preliminary 4Q U.S. GDP report may spur a short-term rebound in EUR/USD should a batch of dismal developments

Gold Holds Up at $1200, SPX 500 Remains in Consolidation Mode

Posted: 27 Feb 2015 12:00 AM PST

Gold prices are attempting to edge higher having held support near the $1200/oz figure while the SPX 500 remains locked in consolidation after rising to a record high.

Euro to Look Past German CPI, US Dollar Looks to 4Q GDP Revision

Posted: 26 Feb 2015 11:39 PM PST

The Euro is likely to overlook German CPI data as the launch of ECB QE looms ahead. The US Dollar looks to revised US GDP data to inform Fed speculation.

US Dollar Technical Analysis: Range Resistance Holds Up

Posted: 26 Feb 2015 11:02 PM PST

USD/JPY Technical Analysis: Still Stuck at Channel Support

Posted: 26 Feb 2015 10:12 PM PST

EUR/USD Technical Analysis: January Low in the Crosshairs

Posted: 26 Feb 2015 10:12 PM PST

USD/CHF Technical Analysis: Trying to Clear Path Above 0.96

Posted: 26 Feb 2015 09:54 PM PST

GBP/USD Technical Analysis: Initial Long Trade Profit Taken

Posted: 26 Feb 2015 09:54 PM PST

EUR/GBP Technical Analysis: Half of Profit Booked on Short

Posted: 26 Feb 2015 09:25 PM PST

Thursday, February 26, 2015

IronFX CEO Markos Kashiouris Discusses Recent Company Developments

IronFX CEO Markos Kashiouris Discusses Recent Company Developments


IronFX CEO Markos Kashiouris Discusses Recent Company Developments

Posted: 26 Feb 2015 04:13 PM PST

As the allegations against IronFX by Chinese IBs reached the court in Cyprus, the firm's CEO Markos Kashiouris has presented the views of the brokerage about the case and recent developments in the industry.
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The post IronFX CEO Markos Kashiouris Discusses Recent Company Developments appeared first on Forex Magnates.

Equity Markets Riding High, Can It Continue?

Posted: 26 Feb 2015 12:00 PM PST

Clive Lambert's guides us on a indices "chart"-er flight and gets us to ask ourselves if our trading is a glorious hunt or a hero mission in vain.
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The post Equity Markets Riding High, Can It Continue? appeared first on Forex Magnates.

Twitter Mobile Payments to be Enabled by Barclays’ Pingit

Posted: 26 Feb 2015 11:13 AM PST

Starting from next month Barclays' app for mobile funds transfer, which has been downloaded 3.7 million times and has handled over £1 billion in transactions, will be available for iOS and Android.
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The post Twitter Mobile Payments to be Enabled by Barclays' Pingit appeared first on Forex Magnates.

24option Signs Sponsorship Deal with Tennis Legend Boris Becker

Posted: 26 Feb 2015 10:26 AM PST

After the binary options broker signed a partnership agreement with one of Italy's leading sports teams last year, the Juventus Football Club, 24option now expands its brand to attract tennis fans.
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The post 24option Signs Sponsorship Deal with Tennis Legend Boris Becker appeared first on Forex Magnates.

Morgan Stanley Settles for $2.6 Billion – but What Exactly Did They Do?

Posted: 26 Feb 2015 10:09 AM PST

The settlement is another one in a long string of regulatory steps taken against the company over similar allegations. Forex Magnates traces back the chronology of negligence by due diligence senior officers.
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The post Morgan Stanley Settles for $2.6 Billion – but What Exactly Did They Do? appeared first on Forex Magnates.

KVB Kunlun Shares to Resume Trading following $100 Million Acquisition

Posted: 26 Feb 2015 09:25 AM PST

In a joint announcement made today by the Hong Kong broker and the Chinese Investment bank that bought 60% of its shares, CITIC Securities asked for resumption of trading in KVB shares with effect Friday.
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The post KVB Kunlun Shares to Resume Trading following $100 Million Acquisition appeared first on Forex Magnates.

Autochartist and SeerTrading Partner to Increase Retail Image of SeerHub

Posted: 26 Feb 2015 09:13 AM PST

SeerTrading has recently announced a collaboration with Autochartist where they will be licensing the right to automate trading strategies provided by Autochartist on the SeerHub platform.
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The post Autochartist and SeerTrading Partner to Increase Retail Image of SeerHub appeared first on Forex Magnates.

Victory Park Capital Issuing IPO to Invest on P2P Lending Platforms

Posted: 26 Feb 2015 07:43 AM PST

Illustrating the latest demand among investors to lend money on P2P platforms, Chicago-based Victory Park Capital has filed to raise £200 million on the London Stock Exchange's AIM in a coming IPO.
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The post Victory Park Capital Issuing IPO to Invest on P2P Lending Platforms appeared first on Forex Magnates.

Is It Time to Get Crazy with the Loonie?

Posted: 26 Feb 2015 06:39 AM PST

Following BoC's governor reducing expectations of a rate cut next week, Matthew Clark discusses that data doesn't matter when it comes to buying the Canadian dollar.
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The post Is It Time to Get Crazy with the Loonie? appeared first on Forex Magnates.

[Snippet] RBS Dismisses 3 staff Members as Part of Internal Forex Investigation

Posted: 26 Feb 2015 06:39 AM PST

GAIN Capital Reports Record Fourth-Quarter Earnings

Posted: 26 Feb 2015 06:11 AM PST

As the analysts' earnings per share estimates have increased from 37 cents a share, 30 days ago, to 46 cents yesterday, the company reported 41 cents per share, which has largely been priced into the market.
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The post GAIN Capital Reports Record Fourth-Quarter Earnings appeared first on Forex Magnates.

Bullion Capital on Track to Revamp the Physical Gold Market

Posted: 26 Feb 2015 03:31 AM PST

The company has been actively expanding its business, delivering an alternative electronic exchange marketplace for precious metals traders who are not interested in dealing with paper contracts.
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The post Bullion Capital on Track to Revamp the Physical Gold Market appeared first on Forex Magnates.

Guest Blogger From Kiev Shares Insights Into NBU’s Decision

Posted: 26 Feb 2015 03:04 AM PST

Central bank incompetence and lack of coordination between government officials causes havoc in Ukraine's interbank market, as currency goes into a freefall.
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The post Guest Blogger From Kiev Shares Insights Into NBU’s Decision appeared first on Forex Magnates.

Quotix Chooses Zing to “Eradicate Java Garbage” In Their FX Aggregation Technology

Posted: 26 Feb 2015 02:00 AM PST

A provider of solutions for the Java development environment, Azul Systems was chosen by Quotix to help them "eradicate Java garbage collection issues" and improve latency in their FX aggregation system.
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The post Quotix Chooses Zing to “Eradicate Java Garbage” In Their FX Aggregation Technology appeared first on Forex Magnates.

First Derivatives Acquires Data Analytics Company Prelytix for up to $20M

Posted: 26 Feb 2015 01:23 AM PST

The purchase is aiming to boost the firm's profile in the marketing-technology sector amid growing demand for big data collection and analysis. The final size of the deal remains capped at $20 million.
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The post First Derivatives Acquires Data Analytics Company Prelytix for up to $20M appeared first on Forex Magnates.

A New Way To Manage Risk When Trading FX

A New Way To Manage Risk When Trading FX


A New Way To Manage Risk When Trading FX

Posted: 26 Feb 2015 07:00 PM PST

There is more than one method to enter or exit the market. Today’s lesson will discuss a methodology for exiting potential non-profitable trades.

Video: Dollar Rally Still Short of Trend, Risk Trends Looking Heavy

Posted: 26 Feb 2015 06:07 PM PST

The biggest move in the FX market this past session was a notable rally from the Dollar that finally drove EURUSD out of a month-long consolidation pattern. The Greenback's rally was universal, but breadth does

Video: Preparing for Reality to Dawn on Our Trades

Posted: 26 Feb 2015 05:06 PM PST

It is said that only the market can determine what is 'correct' and valuable. Given the positioning of the majority determines direction and momentum for price, there is truth to that belief

USD/JPY Scalp Targets 119.64 Resistance Ahead of GDP

Posted: 26 Feb 2015 12:50 PM PST

The USDJPY long bias is at risk ahead of key near-term resistance. Here are the levels that matter heading into major event risk tomorrow.

FXCM Open House 2015 - Try Our Best for Free

Posted: 26 Feb 2015 12:45 PM PST

FXCM is hosting an Open House for a limited time so that you can test our best products and resources for yourself with no commitment at all.

USDOLLAR Holds Range Lows; Engulfs Prior 9 Days

Posted: 26 Feb 2015 10:07 AM PST

Crude Bearish Slope Reasserts

Posted: 26 Feb 2015 10:07 AM PST

Gold Price Rebounds…Above 1245 Would be Significant

Posted: 26 Feb 2015 10:07 AM PST

USD/CHF Elevator Down…Stairs Up

Posted: 26 Feb 2015 10:07 AM PST

USD/CAD Bullish Outside Day at Range Lows; Triangle Still Favored

Posted: 26 Feb 2015 10:07 AM PST

USD/JPY 20 Day ATR is Lowest Since October

Posted: 26 Feb 2015 10:07 AM PST

NZD/USD in No Man’s Land; Trendline is Slightly Higher

Posted: 26 Feb 2015 10:07 AM PST

AUD/USD Rolls Over Just Shy of Channel Resistance

Posted: 26 Feb 2015 10:07 AM PST

GBP/USD Drops into Median Line

Posted: 26 Feb 2015 10:07 AM PST

EUR/USD Breaks Tight Range but 1.1165/85 is Support

Posted: 26 Feb 2015 10:07 AM PST

GBP/USD Rebound Stalls at Former Support- Bearish RSI Break in Focus

Posted: 26 Feb 2015 09:05 AM PST

The lack of momentum to retain the bullish RSI momentum may highlight a near-term top in GBP/USD especially as the pair fails to push above former support.

Copper Retraces Off 2015 Low, Yet Will the Momentum Prevail?

Posted: 26 Feb 2015 08:58 AM PST

While recent activity has elevated the price of copper, the primary trend may endure as the ISCG projects a supply surplus in 2015 and Goldman Sachs has lowered their price forecast.

US Dollar May Break to Further Highs but Euro’s Next Move Critical

Posted: 26 Feb 2015 08:55 AM PST

A major shift in retail forex positioning suggests the US Dollar may rally further, but it will be critical to watch the Euro’s near $1.11 for larger moves.

British Pound Outlook Mixed versus Japanese Yen

Posted: 26 Feb 2015 08:55 AM PST

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the GBPJPY may continue lower. The trading crowd has grown less net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

New Zealand Dollar Rally May be Cut Short

Posted: 26 Feb 2015 08:55 AM PST

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the NZDUSD may continue higher. The trading crowd has grown less net-short from yesterday but further short since last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

Australian Dollar at Risk of Turn Lower

Posted: 26 Feb 2015 08:55 AM PST

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the AUDUSD may continue lower. The trading crowd has flipped from net-short to net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further bearish trading bias.

USDJPY Rallies Should be Sold, Dips Bought

Posted: 26 Feb 2015 08:55 AM PST

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the USDJPY may continue lower. The trading crowd has grown less net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

Sharp Shift in Sentiment Warns of British Pound Weakness

Posted: 26 Feb 2015 08:55 AM PST

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the GBPUSD may continue lower. The trading crowd has grown further net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further bearish trading bias.

Euro Forecast Turns Bearish as it Breaks $1.13

Posted: 26 Feb 2015 08:55 AM PST

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the EURUSD may continue lower. The trading crowd has flipped from net-short to net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further bearish trading bias.

DailyFX Technical Focus: 12/26/2015

Posted: 26 Feb 2015 08:50 AM PST

EURUSD has broken through the bottom of an extrememly tight range but be aware of support at about 1.1165/85.