Post Tagged with: "CFTC"
EUR/USD Dives to Fresh 11 Month Low – 6 Possible Reasons
After very tight range trading, the hammer fell on EUR/USD: the pair made a sharp drop and eventually lost the 1.2945 line which was the previous trough seen in mid December. The pair is now again in levels last seen in mid January. Update: Now 6 reasons are cited for this fall. Rumors of a
EUR/USD Dec. 27 – Remaining in Range, Waiting for Oversold Conditions To Wane
Euro dollar remains in a very limited trading range as most financial centers return to business. Italian 10 year bond yields top the 7% mark once again, before significant US figures are released. Recent data shows that the bias against the euro is still too strong. Will we see a significant move now? Here’s an update
11 Most Popular Forex Articles of 2011
The holiday season that marks the year’s end is getting close. 2011 was a very volatile year, with many dramatic events. Here is a list of 11 most popular articles published on Forex Crunch in 2011. The list doesn’t include the regular sections, such as EUR/USD weekly outlook or the forex news section. It also
Trade Responsibly Chapter 4: Trade With a Registered Broker
There are a lot of forex brokers out there. The forex industry is quite spread out: there are many players in different countries. Competition is great and some small forex brokers compete with the big boys is blessed. Many industries are controlled by a few powerful entities, and it is great that forex isn’t one
Euro becomes a pariah
Now becoming apparent is the degree to which investors and traders have been abandoning the euro over recent weeks. According to the CFTC, euro shorts have been substantial over the past month; only in the second quarter of last year were traders more negative. It also turns out that investors have been fleeing the single
CFTC Charges $6 million more from FXCM on Failure to Maintain and Monitor Systems
The case of US broker FXCM and positive slippage has another twist: FXCM has been ordered to pay an additional sum of $6 million to the CFTC. According to the case settled by both sides, the company failed to provide an equal treatment to all customes regarding adjustments in prices. It also failed to seriously
CFTC Sues 11 More Forex Companies
The companies are sued under the 2008 Farm Bill, the Dodd-Frank Act and the CFTC’s regulations. The 11 new lawsuits join 14 previous ones, making the total number 25. Some of the firms are based in the US, while others are from the British Virgin Islands, Belize, the UK, Australia and Cyprus. Here are their names:
Is the CFTC Actually Helping Traders?
The new CFTC rules regarding forex imposed leverage limits that angered many traders. Nobody likes to be held back. But after 6 months, there’s evidence that these limits might actually be helping traders make more money. On October 18th, the new leverage limits came into effect: 50:1 on major pairs and 20:1 on others. This
GFT Has Highest Profitability Rate in Q1 2011
The first quarter of 2011 has ended, and US broker have released very interesting figures. GFT now has the highest profitability rate in 2011, but the race is very close. Apart from profitability rate, the number of traders was also reported, and there are interesting findings. The new CFTC rules limit leverage in the US,
Forex Links for the Weekend – February 19
The markets are now closed, and it’s time for some forex articles with a larger scope, for the weekend’s reads. Here’s a roundup of selected pieces from around the web: Jakob publishes 7 great tips and tricks for forex traders – this is a collaborative effort I’ve been part of. Kathy Lien analyzes the triangle