Thursday, March 31, 2016

Aussie Dollar Runs Higher on Fed Backtracking

Aussie Dollar Runs Higher on Fed Backtracking

Aussie Dollar Runs Higher on Fed Backtracking

Posted: 31 Mar 2016 02:45 AM PDT

Points raised by Yellen to the Economic Club of New York seemed to highlight rising anxiety on the part of policymakers.

CMC Markets Reports 13% YoY Active Client Growth

Posted: 31 Mar 2016 02:37 AM PDT

The contracts for difference broker publishes its partial metrics for the ending quarter.

Euronext Lisbon, Interbolsa Appoint New CEO

Posted: 31 Mar 2016 02:08 AM PDT

Maria João Borges Carioca Rodrigues joins Euronext Lisbon and Interbolsa.

FlexTrade Expands APAC Sales Team with Three Key Hires

Posted: 31 Mar 2016 12:34 AM PDT

Dan Enstedt, Maroof Khan and Tim Wong join as VPs of Business Development.

Uphold Joins with IDFC to Enter World’s Largest Remittance Market – India

Posted: 31 Mar 2016 12:31 AM PDT

Now anyone in the world can instantly send money to anyone in India, redeemable directly through any Indian bank.
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NFPs Likely to Motivate More Volatility, Trend in Stocks than Dollar

NFPs Likely to Motivate More Volatility, Trend in Stocks than Dollar

NFPs Likely to Motivate More Volatility, Trend in Stocks than Dollar

Posted: 31 Mar 2016 07:05 PM PDT

After a strong risk move and further Dollar slide this past week, we are looking at another likely surge of volatility to close out the week. US NFPs for March are due before the US open, and the series' history of volatility has traders on edge.

The Risk and Opportunity In Evaluating USDJPY, Yen Crosses Next Move

Posted: 31 Mar 2016 06:07 PM PDT

For the bullish view on USDJPY and Yen crosses, the relative monetary policy case offers limited foothold.

China’s Market News: Leading Firm Denies it Will Default - Crisis Over?

Posted: 31 Mar 2016 03:25 PM PDT

Whether or not a leading Chinese State-Owned Enterprise (SOE) defaults on its debt threatens to shake market confidence, and it will be critical to watch this firm’s actions in the coming weeks.

DailyFX Technical Focus: Gold Triangle then Up Big

Posted: 31 Mar 2016 12:22 PM PDT

Consolidation in gold since 2/11 may end up as a triangle before a surge to 1400.

Near-term Setups in USDOLLAR & CADJPY

Posted: 31 Mar 2016 12:02 PM PDT

Trading highlighted intraday setups in USDOLLAR & CADJPY. Here are the updated targets & invalidation levels that matter.

WTI Crude Oil Price Forecast: Sitting On A Crucial Polarity Point

Posted: 31 Mar 2016 12:00 PM PDT

Oil has been stopped by the 200-DMA once again. Now we’ll see how it responds to technical pivot on the charts.

USDOLLAR Break Targets at Least 11700s

Posted: 31 Mar 2016 11:47 AM PDT

Crude Trading Support Reached Just below 38

Posted: 31 Mar 2016 11:47 AM PDT

Gold Consolidation Since February May End up as a Triangle

Posted: 31 Mar 2016 11:47 AM PDT

USD/CHF Breaks 8+ Month Trendline

Posted: 31 Mar 2016 11:47 AM PDT

USD/CAD Key Reversal and Divergence Reading

Posted: 31 Mar 2016 11:47 AM PDT

USD/JPY Pinned to Well-Defined 112.30 before NFP

Posted: 31 Mar 2016 11:47 AM PDT

NZD/USD Completes Bullish Pattern

Posted: 31 Mar 2016 11:47 AM PDT

AUD/USD Test Looms Just Shy of .7800

Posted: 31 Mar 2016 11:47 AM PDT

GBP/USD Turns Bullish above 1.4515

Posted: 31 Mar 2016 11:47 AM PDT

EUR/USD Horizontal and Trendline Combination is 1.1500

Posted: 31 Mar 2016 11:47 AM PDT

USDOLLAR Braces for NFPs- Rally to Offer Favorable Short Entries

Posted: 31 Mar 2016 10:17 AM PDT

The immediate dollar short-bias is at risk heading into key U.S. event risk tomorrow. Here are the updated targets & invalidation levels that matter.

USD/CAD Retail FX Positioning Back at Extremes Despite Fresh 2016 Low

Posted: 31 Mar 2016 10:15 AM PDT

The retail FX crowd remains net-long USD/CAD since February 25, with positioning back at extremes despite the ongoing decline in the exchange rate.

Trader Data Shows Euro and US S&P 500 Face Critical Test

Posted: 31 Mar 2016 09:55 AM PDT

Retail FX traders have sold aggressively into the sharp Euro and S&P 500 rallies. A contrarian view of crowd sentiment favors buying, but it will be critical to watch these key factors.

S&P 500 Once Again Looks like a Buy

Posted: 31 Mar 2016 09:45 AM PDT

Retail CFD traders have never been so short the SPX500, and a contrarian view of crowd sentiment points to further S&P gains.

German DAX Forecast to Strengthen Alongside S&P 500

Posted: 31 Mar 2016 09:45 AM PDT

Retail traders have turned marginally net-short the GER30, which tracks the German DAX, and a contrarian view of crowd sentiment points to further near-term gains.

Gold Prices Likely to Remain Range-bound

Posted: 31 Mar 2016 09:45 AM PDT

Retail traders have sold into the recent Gold price bounce versus the US Dollar, and a contrarian view of crowd sentiment suggests the XAU/USD exchange rate could trade higher.

New Zealand Dollar Forecast to Gain Unless this Changes

Posted: 31 Mar 2016 09:45 AM PDT

Retail traders have sold into the New Zealand Dollar’s surge versus the US Dollar, and a contrarian view of crowd sentiment points to further NZD/USD gains.

British Pound May Stick to Tight Range

Posted: 31 Mar 2016 09:45 AM PDT

Our retail FX trader data shows the majority of open GBP/USD positions remain long, but a sharp recent shift towards selling paints a mixed picture for our sentiment-based price forecast.

Euro Puts our Trading Strategy to a Real Test

Posted: 31 Mar 2016 09:45 AM PDT

The Euro is once again attempting to break out of its year-long trading range, and our data shows retail FX traders are selling aggressively into EUR/USD gains.
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Wednesday, March 30, 2016

Citadel Secures Trading Specialist, Nicola White From Morgan Stanley

Citadel Secures Trading Specialist, Nicola White From Morgan Stanley

Citadel Secures Trading Specialist, Nicola White From Morgan Stanley

Posted: 30 Mar 2016 05:42 PM PDT

Nicola White has joined Citadel's market making business.

FXCM Signs White Label Partnership with New Zealand Based Halifax

Posted: 30 Mar 2016 02:30 PM PDT

FXCM to transfer its existing clients in New Zealand to Halifax in the coming months

Trading 212 Founders Launch Tradebird Social Network

Posted: 30 Mar 2016 02:12 PM PDT

A social network with a trading theme emerges as Tradebird.

Breaking: Anyoption Fined €235K by CySEC

Posted: 30 Mar 2016 12:43 PM PDT

Ouroboros Derivatives Trading Ltd fined €235K by CySEC over non-compliance.

Two Chi-X Canadian Venues Rebranded as Nasdaq CX and Nasdaq CX2

Posted: 30 Mar 2016 10:49 AM PDT

Nasdaq renames the two non-exchange ATS venues, following the acquisition.

Redline to Stream Price Data from OTC Markets’ Three ATS Venues

Posted: 30 Mar 2016 08:39 AM PDT

Redline's clients will be able to access data from three market venues.

Calypso Adds New Module Amid Looming Basel III Counterparty Credit Risk

Posted: 30 Mar 2016 08:05 AM PDT

The counterparty credit risk exposure rules which are to be enforced starting from January 2017 demand upgrades.

CME Remains in First Place in Terms of Volumes: FIA

Posted: 30 Mar 2016 07:53 AM PDT

The newest FIA report shows trading volumes of the largest derivatives exchanges in 2015.

FXPA Seeks FX Exemption From SEC Derivatives Rules

Posted: 30 Mar 2016 06:14 AM PDT

The FXPA has submitted a letter to SEC on the use of derivatives by registered investment and business development companies.

Australian Regulator to Focus on Proactive Checks of Retail FX Brokers

Posted: 30 Mar 2016 06:10 AM PDT

ASIC secured a total of of $149 million in compensation and remediation for investors and consumers.

EBS BrokerTec, ICAP’s ISS Launch New Sterling Index Rate

Posted: 30 Mar 2016 04:37 AM PDT

The new £RIR index measures the cost of funding for sterling bonds.

Euronext’s Interbolsa Fosters Pan-European Settlement With T2S Migration

Posted: 30 Mar 2016 03:32 AM PDT

Euronext's Portuguese subsidiary Interbolsa has completed a T2S migration.

CFTC Commissioner: Blockchain Could’ve Prevented Run on Lehman Brothers

Posted: 30 Mar 2016 02:44 AM PDT

The commissioner calls on regulators in the US and around to the world to let blockchain and smart contracts develop freely.

Thomson Reuters Fortifies TRRI With FiscalNote Partnership

Posted: 30 Mar 2016 02:34 AM PDT

TRRI users will gain access to FiscalNote's legislative modeling techniques.

BCSC Warns Investors about Central Option

Posted: 29 Mar 2016 11:54 PM PDT

Canadian watchdog adds binary options broker Central Option to its warning list.
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ADP Employment Report Echos February’s Strong Numbers

ADP Employment Report Echos February’s Strong Numbers

ADP Employment Report Echos February’s Strong Numbers

Posted: 30 Mar 2016 01:25 PM PDT

ADP payrolls data modestly beats expectations in Mach update. Sets cautiously optimistic expectations for Friday’s NFPs in the wake of cautious rhetoric from Fed Chairwoman Janet Yellen.

EUR/USD Eyes Fresh 2016 High as Retail FX Sits Short, Interest Jumps

Posted: 30 Mar 2016 09:30 AM PDT

EUR/USD stands at risk for a further advance as the pair pushes to fresh monthly high and carves a near-term series of high highs & lows.

The Widow Maker

Posted: 30 Mar 2016 09:10 AM PDT

Long-term cycle relationship points to important inflection point in yields. Inflation surprise around the corner?

China’s Market News: PBOC says Yuan’s Daily Trading Volume is $300B

Posted: 30 Mar 2016 09:05 AM PDT

Earlier, the Chinese central bank released trading data for the Chinese Yuan. Also, new policies were announced in an effort to further promote the economy.

Short SPX500

Posted: 30 Mar 2016 08:54 AM PDT

EUR/USD Tests Resistance After CPI Data

Posted: 30 Mar 2016 06:25 AM PDT

The EUR/USD has failed to breakout despite a series of high importance news events.

After Yellen, the US Dollar May be in Serious Trouble

Posted: 30 Mar 2016 04:55 AM PDT

The US Dollar has rallied all week long, but this morning’s batch of mixed economic data has the greenback backing up into the long holiday weekend.

Silver Prices Halt Their Decline On A Soft USD

Posted: 30 Mar 2016 04:52 AM PDT

Silver prices are higher by 30 cents from yesterday’s low of $15.08. The surge in silver prices occurred on the back of dovish comments by the Fed’s Janet Yellen.

S&P 500: Maintains Status Quo, Onward to New Levels of Resistance

Posted: 30 Mar 2016 03:04 AM PDT

EUR/USD Unfazed as Confidence Declines to Lowest in Over a Year

Posted: 30 Mar 2016 02:45 AM PDT

The Euro was little changed versus the US Dollar after today's Euro-Zone Economic Confidence figures declined, ECB on wait-and-see mode

Dovish Yellen Propels DAX 30 Higher. ADP On Tap.

Posted: 30 Mar 2016 02:08 AM PDT

The DAX 30 gained 0.83% at the time of writing, as the Fed may be wary of further rate hikes.

NZD/USD Technical Analysis: Five-Month Resistance at Risk

Posted: 30 Mar 2016 01:21 AM PDT

The New Zealand Dollar is soaring against its US counterpart, with prices poised to clear resistance capping gains since mid-October 2015.

ASX 200 Halts Decline as Risk Assets Recover

Posted: 30 Mar 2016 01:00 AM PDT

ASX 200 retraced from the previous day’s low due to a broad risk recovery. The waning downward momentum hinted at a consolidation period

EUR/USD Technical Analysis: Euro Challenges Monthly High

Posted: 30 Mar 2016 12:48 AM PDT

The Euro pushed aggressively higher against the US Dollar after finding support above the 1.11 figure, with prices now poised to challenge monthly highs.

Gold Price Jumps after Yellen Dovish Remarks, Copper Price Slides

Posted: 30 Mar 2016 12:43 AM PDT

Gold rallied as Fed Chair’s cautious remarks led to market expectation for gradual rate rises. Copper hit 3-week low on growth concerns

FTSE 100 Receives A Boost On A Dovish Yellen

Posted: 30 Mar 2016 12:29 AM PDT

Fed's Janet Yellen boosts stocks as she indicated that the threshold of raising rates is higher than previously believed by the markets.

AUD/USD Technical Analysis: Aussie Rallies Most in 2 Weeks

Posted: 30 Mar 2016 12:06 AM PDT

The Australian Dollar pushed upward against its US namesake after finding support below the 0.75 figure, putting in the largest daily advance in two weeks.

Yellen Comments May Be a Blessing in Disguise for the US Dollar

Posted: 29 Mar 2016 10:23 PM PDT

Comments from Fed Chair Janet Yellen sank the US Dollar in the near-term but their influence on future policy bets may prove them to be a blessing in disguise.
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Tuesday, March 29, 2016

ICE’s 2015 Annual Report Shows Net Revenue Up 8% from 2014

ICE’s 2015 Annual Report Shows Net Revenue Up 8% from 2014

ICE’s 2015 Annual Report Shows Net Revenue Up 8% from 2014

Posted: 29 Mar 2016 02:36 PM PDT

Intercontinental Exchange (ICE) see nearly $3.34b in net revenue for 2015.

Bats Global Markets to Acquire ETF.com as Independent Subsidiary

Posted: 29 Mar 2016 12:51 PM PDT

Exchange operator Bats has signed an agreement to acquire ETF.com

DTCC Synergy with Digital Asset to Speed U.S. Repo Settlement to Real-Time

Posted: 29 Mar 2016 12:31 PM PDT

Depository Trust & Clearing Corporation (DTCC) announces ledger synergy.

US Fintech Regulation Taking Shape? New White Paper Slated for Release

Posted: 29 Mar 2016 11:23 AM PDT

US regulators have recently trained their focus onto the fintech space.

Belize’s IFSC Warns ATS Markets Global License is “Complete Forgery”

Posted: 29 Mar 2016 10:27 AM PDT

The Belize regulator has said that ATS-markets.com's certificate of incorporation is a complete forgery.

ICAP Gets Bondholder Consent for Tullet Prebon Voice-Broking Deal

Posted: 29 Mar 2016 09:48 AM PDT

Bondholders consented to the planned disposal from ICAP to Tullet Prebon.

Allegedly Fraudulent Investment Banker Charged For Stealing $25 Million

Posted: 29 Mar 2016 09:08 AM PDT

Caspersen is accused of scheming to defraud investors out of more than $95 million.

Warsaw Stock Exchange Extends Preferential Terms To Market Makers

Posted: 29 Mar 2016 08:57 AM PDT

The move is designed to boost trading activity in WIG20 futures and SME stocks.

XTB Announces Changes to Current Trade Conditions

Posted: 29 Mar 2016 08:53 AM PDT

The updates revealed by the brokerage apply to commissions on pairs, including four base currencies.

Two and a Half Salaries on a First Time Forex Deposit in Russia?

Posted: 29 Mar 2016 08:46 AM PDT

Russian center for economic analysis Interfax has published the results from its study of the retail forex market in Russia. While the results are somewhat interesting, some of the findings in the the report are debatable and are surely to stir some controversy amongst the active players in the country. The study is based on … Continued

Bitcoin Firms Donate to an MIT Fund that Supports “Diversity of Thought”

Posted: 29 Mar 2016 07:49 AM PDT

The $900,000 fund will not pick sides between Bitcoin Core and Bitcoin Classic but won't support other cryptocurrencies.

Fidessa Group Assimilates ATG’s Algo Trading Capabilities

Posted: 29 Mar 2016 07:08 AM PDT

Finesse's users have tapped into ATG-supported algo models in Brazil.

Disney Develops a Private Blockchain for Security Control

Posted: 29 Mar 2016 06:52 AM PDT

It is designing an access control using open ledger and blockchain framework for Disney Corporate, ABC and ESPN.

Breaking: ACFX Launches Arbitrage Investigation, Delays Withdrawals in China

Posted: 29 Mar 2016 05:58 AM PDT

The Chinese clients of the Cyprus regulated brokerage ACFX are due to have their accounts screened.

Dollar Poised for Volatile Reaction to Yellen, U.S. Jobs Data

Posted: 29 Mar 2016 05:03 AM PDT

This week, the focus returns to U.S. economic reports.

Bats Extends Data Feed Capabilities to Money.Net

Posted: 29 Mar 2016 04:13 AM PDT

Money.Net's has integrated Bats' One Feed into its financial terminal.

FXTM Initiates CFD Share Account, Linking Into NYSE, Nasdaq

Posted: 29 Mar 2016 03:58 AM PDT

FXTM has tapped into the liquidity of the US' largest exchanges.

Nasdaq Secures Tal Cohen as Head of North American Equities

Posted: 29 Mar 2016 02:54 AM PDT

Tal Cohen, the former CEO of Chi-X Global, is slated to join Nasdaq.

Why ASX Got on Board with Blockchain

Posted: 29 Mar 2016 02:00 AM PDT

ASX has reasserted its commitment to this revolution.

3 Things that Banks Can Learn from Growing FinTech Companies

Posted: 29 Mar 2016 12:35 AM PDT

The solidity of banks was what was needed in the past, but they have to be able move with the tides of change.
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Yellen Sends USD Tumbling but Trend, Risk Impact Not Preordained

Yellen Sends USD Tumbling but Trend, Risk Impact Not Preordained

Yellen Sends USD Tumbling but Trend, Risk Impact Not Preordained

Posted: 29 Mar 2016 06:41 PM PDT

The Dollar suffered a bearish hit this past session comparable to the one it suffered after the Fed downgraded its rate forecast.

Fed, ECB and Major Central Banks Resort to Forward Guidance

Posted: 29 Mar 2016 04:54 PM PDT

Both the ECB and Fed are steering monetary policy in an effort to bolster confidence. Given they are on opposite extremes of the spectrum - one has thrown the kitchen sink of stimulus at the market and the other has hiked - that may seem irrational.

EUR/USD Sentiment Drops as Price Pops

Posted: 29 Mar 2016 02:08 PM PDT

EUR/USD sentiment drops as sellers increase short positioning. 1.1460 and 1.1650 are targeted to the upside.

China’s Market News: Growth Forecasts Lowered, but Financials Improve

Posted: 29 Mar 2016 01:29 PM PDT

A major Chinese financial firm reported better-than-expected earnings as loan performance improved. Yet broader growth forecasts were once again downgraded, hurting outlook for the Yuan.

US Dollar Drops Sharply After Yellen’s Dovish Comments

Posted: 29 Mar 2016 12:20 PM PDT

In her closely-watched speech on the economic outlook today, Fed Chair Janet Yellen discussed headwinds to economic growth and reflected on the slower path of hikes and pointed concern over global conditions.

USDOLLAR Erases Most of Prior Week’s Rally

Posted: 29 Mar 2016 11:18 AM PDT

Crude Rolls Over from Well-Defined Resistance

Posted: 29 Mar 2016 11:18 AM PDT

Gold Price Supported Near 1200; Test of Highs Coming

Posted: 29 Mar 2016 11:18 AM PDT

USD/CHF Rally Fails at December Low

Posted: 29 Mar 2016 11:18 AM PDT

USD/CAD Consolidates above Support

Posted: 29 Mar 2016 11:18 AM PDT

USD/JPY 112.30s is a Short Term Level to Pay Attention To

Posted: 29 Mar 2016 11:18 AM PDT

NZD/USD On Verge of Completing Significant Bullish Pattern

Posted: 29 Mar 2016 11:18 AM PDT

AUD/USD Coiling for Next Move Higher

Posted: 29 Mar 2016 11:18 AM PDT

GBP/USD Bullish Base Looks Better Each Day

Posted: 29 Mar 2016 11:18 AM PDT

EUR/USD in Position to Blow Out the Shorts

Posted: 29 Mar 2016 11:18 AM PDT

DailyFX Technical Focus: SPX500 Grinding into Next Top

Posted: 29 Mar 2016 11:07 AM PDT

The S&P 500 continues to hold a well-defined short term support line. Focus therefore remains higher although the next important high may register in the low 2070s.

USDOLLAR Slammed as Dovish Fed Chair Yellen Talks of QE

Posted: 29 Mar 2016 11:00 AM PDT

The USDOLLAR extends the decline from earlier this week as Fed Chair Janet Yellen argues that the central bank has the flexibility to implement another round of QE.

USD/JPY Working on a No-hitter

Posted: 29 Mar 2016 06:45 AM PDT

USD/JPY on 8-day winning streak. Internal trendline resistance caps, but seasonal tendencies still positive through Japanese fiscal year end.

Dow Jones Industrial Average Trades Heavy into Resistance

Posted: 29 Mar 2016 05:55 AM PDT

Dow Jones sideways trade at resistance suggests the market thinks the resistance level is important. A potential selloff could give back 5-7% of the recent gains.

Silver Prices Soften As The Dollar Gains Ahead Of Yellen Speech

Posted: 29 Mar 2016 04:57 AM PDT

Silver prices slid below the March 16 low of $15.22, which has triggered a short-term bearish trend. U.S. Home Price Index, Consumer Confidence are on deck this afternoon and so is Fed’s Yellen.

EUR/USD Rebound to Fizzle on Improved U.S. Consumer Confidence

Posted: 29 Mar 2016 03:00 AM PDT

A marked pickup in U.S. household sentiment may drag on EUR/USD as it puts increased pressure on the FOMC to further normalize monetary policy.

FTSE 100 Is Little Changed As Trading Resumes

Posted: 29 Mar 2016 12:57 AM PDT

Trading resumes after the Easter holiday and the FTSE 100 is little changed. The multi-week trend is bullish above the March 10 low of 6006.

The DAX 30 Gains, Whilst Asian Stocks Trade Lower

Posted: 29 Mar 2016 12:51 AM PDT

The DAX 30 (FXCM: GER30) is higher by 0.47% at the time of writing, as trading resumes after the Easter holiday break.

Gold Price Steadies before Fedspeak while Oil, Copper Prices Fade

Posted: 29 Mar 2016 12:15 AM PDT

Gold price recovered on market positioning before Fedspeak and NFP. Oil and copper prices traded muted even as US dollar stayed weak

US Dollar May Rise as Fed Commentary Boosts Rate Hike Outlook

Posted: 28 Mar 2016 11:59 PM PDT

The US Dollar may rise as comments from Fed officials boost speculation that the central bank will deliver more interest rate hikes than markets have accounted for.
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