Forex broker Tradenext won the “Best New Company” award at the City of London Wealth Management Awards for 2013.
The company recently partnered with tradable. For more about the prize, here is the official press release:
Read the rest of the article Tradenext wins “Best New Company” award at City of London Wealth Management Awards 2013
US based Forex Broker FXCM reports its quarterly financial report, which saw revenues of $122.9 million, 20% more than the same quarter in 2012. The company also released operating metrics for April, which saw retail customer volume jump 48% in comparison with April 2012 and institutional volume leap 78%, and reach the highest levels ever
Rajesh Yohannan, who formerly worked at Citibank will manage OANDA’s Asia Pacific operations. The region does not include Japan, which has a unique market. Mobile trading will be in focus. OANDA recently launched a shiny new mobile trading application. For more on the appointment, here is the official press release: LONDON – May 7, 2013
With apologies to the ‘60s rock group Buffalo Springfield, “There’s something happening here, and what it is ain’t exactly clear.” I’m confused. Maybe confused is the wrong word. I’m baffled. We have two economies, the United States and the Eurozone. One economy appears to be making its way out of the economic doldrums it has
Once again the USD/JPY is aiming towards the 100.00 level, having tested resistance at the 99.44 level in overnight trading. The JPY is lower against most currencies. Japan was closed today for a banking holiday (Children’s Day). A break of the 99.45 level could see a quick move towards the 99.70 area and that would
The April US Non-Farm Payroll number rose 165,000.Unemployment rate fell to 7.5%, the lowest since December, 2008 Average earning up 0.2%March number revised up from 88,000 to 138,000February number revised up from 268,000 to 332,
A very busy week of economic releases and central bank meetings comes to an end this morning with the release of US April non-farm payroll and that month’s unemployment rate. Analysts are calling for a increase in jobs of 155,000 in April compared to March’s increase of 88,000. Traders however, are a bit more skeptical
Expectations ranged between no cut and a 50bp cut, with a 25bp cut having the highest chances. EURUSD traded lower before the release, at
The ISM manufacturing PMI stands at 50.7 points, within expectations that stood on 50.9. Also the final figure from Markit didn’t disappoint and remained at growth territory, above 50. This helped the dollar recover: EURUSD fell below 1.32 after the break higher seen earlier in the day. The markets already got used to bigger disappointments.
A new trade copy service has been launched by E-Global Trade & Finance Group: Share4You. The company states that the average slippage is only 0.01 pips. For more information, here is the official press release: The new “Share4You” social trading platform marks the start of a new era in combining high performance of 0.01 pips of