High-Speed Trader Gets High-Speed Guilty Verdict In Spoofing Case Commodities
New Jersey-based high-speed commodities trader Michael Coscia has been found guilty of six charges of spoofing and six of commodities fraud in a case brought by the Commoditie...

Technical Analysis

USDNOK Approaches Significant Resistance Level

USDNOK Approaches Significant Resistance Level

Analysis - Since the end of the July the USDNOK has been moving in an expanding range. That rang...
CADJPY Enters Short Trade Region

CADJPY Enters Short Trade Region

Analysis - The 4-hour chart reveals the CADJPY moving sideways since late August. Aside from the...
GBPAUD at Descending Trendline - Possible Trade

GBPAUD at Descending Trendline - Possible Trade

Analysis - The GBPAUD peaked at 2.2388 on August 24, and since then it's been in a downtrend. Th...
EURGBP Outlook and Trade Idea for Next Week

EURGBP Outlook and Trade Idea for Next Week

Analysis - I used to tell myself that trading expanding ranges was a bad idea. The market was tr...

Forex News

The Morning Market Report - 26th October 2015 The U.S. dollar slipped from a 2.5-month high against major global currencies despite news that China will introduce another round of monetary easing in the wake of its sixth rate cut since November. The announcement from the Peop...

The Forex Week Ahead - 25th October 2015 The week of Oct. 26 to Oct. 31 features a rash of decisions by global central banks on how to handle monetary policy in a low-inflation, low-oil price environment. The Federal Reserve isn’t expected to raise interest rates this...

Economic News

When you happen to be the second largest economy in the world – after the US – it’s a fairly safe bet that you want the rest of the world to believe that you are going to keep going for ever – and maybe become the BIGGEST ...Read More...

Some 2,000 workers at the massive United States Steel plant near St Louis are wondering if they will still have a job by Christmas. Based in Granite City, the plant has for many years produced steel pipes for the oil industry. It ...Read More...

Banking News

At least, it seems that one country is doing something about the criminal activities of bankers, even if the US is not. Tiny little Iceland, with a population of about 325,000, which is no bigger than a medium sized US city, ha...Read More...

Barclays, HSBC, and Royal Bank of Scotland are bracing themselves for further legal action in the UK, after agreeing to pay claims totalling $924 million in the US for rigging the foreign exchange market. In order to settle cla...Read More...

Commodities News

New Jersey-based high-speed commodities trader Michael Coscia has been found guilty of six charges of spoofing and six of commodities fraud in a case brought by the Commodities and Futures Trading Commission. The jury took less th...Read More...

Crude oil prices slipped in early trade Monday in Asia on receipt of gloomy news from China. The Caixin China Manufacturing Purchasing Managers Index for October was 48.3 in October which was actually an increase from September’...Read More...

Stocks News

In a positive looking Monday all round on Wall Street, the Dow Jones Industrial Average finally turned the corner and climbed 165.22 points to 17,828.76 pushing it up for the year by 0.03%. It is not a lot, but it is heading in th...Read More...

Stocks on Wall Street finished on Friday near lows for the session, but nonetheless closed October as the best month in four years. Having started the month at 16,278.62, the Dow Jones Industrial Average closed at 17,663.54 on ...Read More...

Reports

Initial Unemployment Claims Slightly Higher For Last Week

Initial Unemployment Claims Slightly Higher For Last Week

Reports - In the week ending October 17th, the number of seasonally adjusted new unemployment c...
Minutes Of The Fed Meeting September 16th And 17th

Minutes Of The Fed Meeting September 16th And 17th

Reports - Important points from the meeting of the Federal Reserve Open Market Committee on Sep...

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