May 26, 2017 BY Valentina Kirilova

SafeCharge expands US capabilities via payment card agreement with Chase

Payments technology provider SafeCharge (LON:SCH) announced a partnership to process payments in the United States through Chase, a global company specializing in card processing. Through the partnership, SafeCharge customers will benefit from card processing under domestic conditions. For the consumer, this means a smoother payment experience and a greater likelihood of a transaction being accepted.…

Read more
Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
May 26, 2017 BY Valentina Kirilova

SEC names Peter Uhlmann Managing Executive in Chairman's Office

The Securities and Exchange Commission (SEC) announced that Peter Uhlmann has been named the managing executive in the Office of Chairman Jay Clayton. Mr. Uhlmann will advise Chairman Clayton in matters relating to agency administration, operations, and management, and will serve as the Chairman's primary liaison to divisions and offices on these matters. I am pleased…

Read more
May 26, 2017 BY Think Markets

THE FOREX WEEK AHEAD: 26th May 2017

A snapshot of calendar events ad breakdown of economic data for next week's trading. USD: The FOMC minutes outlined that consumer prices, spending and growth are expected to be ‘transitory’, which means any shortfall of these data sets in Q2 are likely to hamper expectations of hike number 4 of this cycle. Core PCE and…

Read more
May 26, 2017 BY Think Markets

Technically Speaking | JPY Crosses

Posted by Matt Simpson | 26/05/2017 03:11 Several Yen crosses sit at technical junctures as we head to the end of the week. USDJPY, AUDJPY and GBPJPY are our preferred setups. [embedded content] Matt Simpson | Senior Market Analyst A certified technical analyst, combining macro themes, monetary policy and business cycles to generate Forex and commodity trade…

Read more
May 26, 2017 BY Saxo Bank

Monitoring potential for EURUSD corrective selloff

BackgroundIn a quiet week for hard economic data on both sides of the Atlantic, EURUSD has traded in line with movements in the US versus Germany 10-year bond spread. The gap in favour of the USD has narrowed from 230 to 190 basis points in recent weeks, taking EURUSD up with it. It will likely be…

Read more
May 26, 2017 BY Think Markets

Oil volatility makes up for lack of OPEC surprise

Posted by Matt Simpson | 25/05/2017 22:36 Volatility erupted across the energy sector as OPEC seemingly over promised yet underdelivered, sending WTI down by over 5% and dragging oil markets down with it. OPEC confirmed they would extend their oil production cuts by a further 9 months, which was at the lower bound of the…

Read more
May 25, 2017 BY FxPro

WTI Corrected After OPEC Meeting Outcome

Latest EIA data recorded a 4.43mn barrel decline in inventories for the latest week. WTI traded higher this morning, hitting the highest level of 51.96, last seen on April 19. However, it was followed by a retracement after OPEC announced the existing output cut agreement to be extended for 9 months, as markets have largely…

Read more