China bans financing from Initial Coin Offering issuance

PBOC out with a statement 4 Sept bans banks from coin financing—related business ICO is illegal no organizations or individuals allowed in ICO issuance all ICO should stop immediately warns of risks via ICO issuance ICO issuance disrupts economic and financial order wants to prevent those risks will strengthen management of coin financing China making […]

BRICS strongly deplore North Korea nuclear test but call for solution through peaceful means

BRICS nations out with a draft communique on various topics  4 Sept call for all countries to fully implement Paris climate accord calls upon international community to form a counter-terrorism coalition emphasize need to be vigilant in guarding against inward-looking policies call up on all countries to calibrate, communicate their macro economic structural policies calls […]

Trading ideas for the European session 4 Sept

Your daily thread to exchange trading ideas and discussion 4 Sept A new week underway and fragile times prevail. So what’s your take currently? Expectations for September? Share your trading thoughts/positions here with the ForexLive community and I wish you good trading as always. So sad to hear of the passing of Steely Dan’s Walter Becker aged […]

Forex — Aussie slips lower, kiwi gains ground in late trade

© Reuters. — The Australian slipped lower against its U.S. counterpart on Monday, after the release of downbeat Australian data, while the New Zealand dollar gained some ground amid fresh geopolitical tensions between the U.S. and North Korea. AUD/USD slipped 0.13% to 0.7957 after the Australian Bureau of Statistics said company operating profits declined […]

EUR/USD : L’Euro reste ferme en ce tout début de semaine, mais le calendrier vide pourrait plaider pour une journée calme

Après un léger gap haussier d’une vingtaine de pips à la réouverture du Forex hier soir, la paire EUR/USD s’est stabilisée au cours de la nuit, et maintient une tonalité positive à très court terme, proche d’un test des 1,19. Rappelons que la fin de semaine dernière s’était révélée très animée, avec un rapport NFP […]

Nikkei 225 closes down -0.93% at 19508.25

Soggy day for Japanese equities but off lows as USDJPY finds dip buyers 4 Sept high 19628.40 low  19479.40 Topix -0.99% at 1603.95 USDJPY falling again to 109.50 from 109.75 after the opening Asian tumble to 109.34 Expect offers/res around 109.85 with larger into 110.00. Bids/support nearby with ore into 109.30 and 109.00 In Australia the S&P/ASX200 closes down […]