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FXCM Group has released a comprehensive spreads report for the third quarter of 2017, detailing average spreads throughout the three months to September on its trading accounts featuring ‘No Dealing Desk Execution’. According to figures stated in the report, the average spreads on the EUR/USD...

Things might get very frustrating when you miss a possible good trade setup in the market. Many traders that are new to the market think that they have missed a “once in a lifetime” opportunity and try to chase the trade and ultimately lose a huge amount of money. But the professional traders in...

Following this Forex news trading step by step guide, you’ll be able to achieve consistent profits in the long run. As we mentioned previously, we’ve developed a simple news trading strategy that follows a three step process: First of all you need to decide which Forex news events to...

Article Summary: News trading often brings the biggest moves of the month. Because of this, it’s no wonder that trader’s seek out high importance news events to try and catch a big move. However, if you don’t have a solid plan for trading the upcoming event, you’re likely better off not trading...

Former Fortress hedge fund manager Michael Novogratz said Monday that bitcoin can multiply more than four times in roughly the next 13 months. “Bitcoin could be at $40,000 at the end of 2018. It easily could,” Michael Novogratz said Monday on CNBC’s “Fast Money.” “There’s a big wave of money...

If you’re waiting for bitcoin to slowly fade from the spotlight, keep waiting. Now that the cryptocurrency has taken another step into the mainstream with the CBOE offering bitcoin futures trading, the buzz is only going to keep building. And, if one of bitcoin’s biggest — and wealthiest —...

Some investors are excited about bitcoin futures, and others think bitcoin itself is a fraud. Most investors ought to focus on, for example, 11 bitcoin-related stocks due to much lower risk. Even if you are not a bitcoin BTCUSD, -3.28% enthusiast and are happy limiting yourself to stocks and...

NZD/USD breaks out of the monthly opening range as the coalition government under Prime Minister Jacinda Ardern appoints Adrian Orr, the chief executive of the New Zealand Superannuation Fund, to lead the Reserve Bank of New Zealand (RBNZ) starting in March 2018. The upcoming transition appears...

The Bank of England and the Financial Conduct Authority (FCA) announced the next phase of work with market participants on Libor transition. From January 2018, the market-led Working Group on Sterling Risk-Free Rates will have an extended mandate and broader participation. The Working Group’s...

Correction upward extends on thin Monday trading. Political factors affecting oil at the beginning of the week. West Texas Intermediate crude futures are higher mid-US session, hovering a few cents above Friday's high. The US benchmark trades at $57.77 a barrel, after a failed terror attact in...

Canadian macroeconomic calendar has little to offer this week. Higher oil prices failed to boost the CAD this Monday. The USD/CAD pair is trading little changed for a second consecutive day around the 1.2850 level, holding on to last week's gains but lacking follow-through. As its going across...

Just after CBOE, the Chicago-based exchange, launched Bitcoin futures, two firms have filed applications for bitcoin ETFs that trade in crypto derivatives. CryptoCoinsNews just reported that, according to the SEC public filing system, the commission has received new applications for both REX...

Douglas Porter, Chief Economist at BMO Capital Markets, suggests that heading into Janet Yellen’s penultimate FOMC meeting as Fed Chair this week, there is precious little debate on the outcome—a 25 bp hike is all but fully priced in. Key Quotes “There may be the odd voice in the wilderness...