August 04, 2014 BY Mike Fox

SWISSQUOTE: Daily Technical Forex Report

In Swissquote's latest technical trading report, Luc Luyet-Senior Market Analyst outlines the major technical levels of popular currency instruments, below is the outline for the EUR/USD and USD/JPY. You can download the full report by clicking here. EUR/USD: Monitor the resistance at 1.3444... • EUR/USD is bouncing within its underlying downtrend. Hourly resistances can be…

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August 04, 2014 BY Mike Fox

Bloomberg News ranks FXStreet’s Twitter profile among the top in its field

FXStreet News is ranked top worldwide among Twitter users of currency-market analysis, according to data compiled by Bloomberg based on followers, retweets and frequency of posts being tagged as a ‘favorite’.” This is part of an article published this week in Bloomberg News regarding FXStreet and its influence in foreign-exchange markets. FXStreet has been mentioned as…

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August 01, 2014 BY Mike Fox

Tokyo Financial Exchange Click365 FX volumes up 5.6% in July

Tokyo Financial Exchange (TFX) reported their Click 365 FX July metrics today and the results are encouraging with 1,710,893 (+5.6% MoM) total volume w/ a daily average of 74,384. The total trading volume of Exchange FX Margin contracts (Click 365) in June was 1,620,533 and its average daily trading volume was 77,169. For July we…

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August 01, 2014 BY Mike Fox

New records set for Yuan trading on Moscow Exchange...

Record volumes have been posted in trading of the Chinese Yuan/Russian Ruble (CNY/RUB) on Moscow Exchange's FX Market. The trading volume on July 31st was CNY 665.6 mln (RUB 3.8 bln), the largest daily volume since the launch of yuan trading on Moscow Exchange in late 2010. Trades were made in all CNY/RUB instruments: spot…

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