Nonfarm payrolls are realised alongside Canadian employment later today, which could make USDCAD of interest. The fall in oil prices also provided added interest as both currencies are linked to oil in one way or another. - NFP is forecast to rebound to 185k from last month’s disappointing 98k - A further fall of unemployment…
Read more
Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) has reported what can only be described as a horrific quarter to begin 2017. Q1-2017 results were poor across the board at what is now the leading US-based retail forex broker. And, weak volumes reported for April don't necessarily portend for a better Q2. Revenues at GAIN…
Read more
The European Energy Exchange (EEX), part of Deutsche Börse Group, and the owners of US-based Nodal Exchange Holdings, LLC announced that have successfully closed the transaction under which EEX has acquired 100% of the equity in Nodal Exchange. All remaining regulatory conditions to closing were satisfied recently, especially the US merger control process was passed…
Read more
Richard Perry appeared on Tip TV again this morning to discuss the impact of last night’s Fed announcement and how the French election could impact on markets. Richard’s key focus was on the technical analysis of charts such as EUR/USD which has a big base pattern, USD/JPY which appears to be breaking higher and Gold…
Read more
The crucial US labour market data for April will be released this Friday May 5, at 13:30 BST. It includes non-farm payrolls, unemployment rate and average hourly earnings. Please note that the release of US labour market data will likely cause volatility for USD, USD crosses and commodities. Spot gold has retraced around 3.6% since…
Read more
The Board of the Cyprus Securities Exchange Commission (CySEC) informed the public and especially the covered clients of CommexFX Ltd of the following: The Company’s CIF authorisation has been withdrawn as of July 2016. The Company, has not until today, settled its obligations arising from the investment and ancillary services that provided to its client,…
Read more
TMX Group Limited (TSX: X) today announced April 2017 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), Montréal Exchange (MX) and NGX. All TMX Equities Marketplaces volume was down 26% from March 2017. Toronto Stock Exchange daily average volume was 334.7 million down 14.9% YoY. TSX Venture…
Read more
CFI Group Holding, the parent company of CySEC CIF licensed forex broker CFI Markets Ltd., has announced the launch of its latest subsidiary company: Credit Financier Invest (DIFC) Ltd. (CFI-DIFC), based in Dubai, United Arab Emirates. Regulated by the Dubai Financial Services Authority (DFSA), CFI-DIFC is authorized to operate as a Category 3A licensed entity, with…
Read more
Euronext, the pan-European exchange in the Eurozone, today announced trading volumes for April 2017. The April 2017 average daily transaction value on the Euronext cash order book stood at €8,458 million up 21.7% compared to April 2016 and up 14.4% from the previous month. April was the fourth consecutive month of volume increase and the…
Read more
Cyprus financial regulator CySEC, as part of its crackdown on the operations and business practices of licensed Forex, CFD and Binary Options brokers which operate in the country, has issued a new Circular entitled "Freedom to provide investment and ancillary services and/or perform investment activities in a third country." In the Circular signed by CySEC…
Read more