Photo: Chicago - the home of U.S. futures markets (source: Bloomberg)
R.J. O’Brien & Associates announced this week that it’s affiliate RJO MENA has acquired Lombard Forte Securities Limited (LFS), a Dubai-based interdealer broker, for an undisclosed amount.
R.J. O’Brien is the largest indepen
E*Trade Financial Corporation has published its financial results for the second quarter and first half of 2020, with the company recording more than double net new retail assets and accounts in the first six months of the year than across any full-year period in the firm’s histor
DAILY MARKET OUTLOOK on Major Update Time: 10 July 2020 03:30GMT EUR/USD - 1.1281 Despite resumption of recent upmove to a fresh 3-week high of 1.1371 (Europe) in Thursday, subsequent selloff to as low as 1.1281 as the greenback caught a bid in New York due to safe-haven buying suggests temporary t
USD/JPY extends losses below 107 as risk-off intensifies.
Yen is gaining ground alongside US dollar on coronavirus fears.
Losses in S&P 500 futures bodes well for the Japanese currency.
USD/JPY is challenging fresh ten-day lows just below the 107 mark, as the bears remain in command amid inte
Something interesting may be about to happen. For now I remain firm on this level of support until it is broken. Yes this may seem weird but the original support remains in place. At the moment I am working on a new bull market theory and so far it's checking out across differen
EURCHF’s latest gains off of the 1.0575 mark have followed the upper Bollinger band until the 200-day simple moving average (SMA). Additionally, the momentum indicators reflect buyers’ efforts for further advances, despite the capping 200-day SMA at 1.0763.
The short-term oscillators at the moment c
EUR/USD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is still trading above 5/8. In this case, the price is expected to break 7/8 and then continue growing towards the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 5/8 to the downside. After that, the instrumen
The U.S. dollar was weak against its major rivals on Tuesday as risk sentiment improved significantly amid gradual reopening of businesses across the world after several weeks of lockdown.
While Spain decided to remove a two-week mandatory confinement for all travelers from overseas starting July, G
Luno, a London-based cryptocurrency exchange, is planning to enter Kenya and Ghana with its services, thus expanding its footprint in Africa.
Reported by Bloomberg on Wednesday, the exchange is already in talks with partners and stakeholders for the expansion.
The decision to expand Lu
AUD/NZD holding in precariously bullish territory.
H&S in the making which opens a 50% mean reversion target.
AUD/NZD is currently trading at 1.0623 having traded between a low of 1.0612 and a high of 1.0651, steady following the release of the NZ unemployment data and ahead of Aussie Retail