Lastest FX News

Kospi June contract Daily Forecast – 03 June 2013
Kospi tested Fibonacci resistance at 263.50 where we advised to exit longs & try shorts with stops above 264.20. This trade worked nicely as we topped at 263.90 & drifted back to support at 260.87. We have further support down to 259.80 today so watch …
Read more on FX Empire

E-mini NASDAQ-100 Index (NQ) Futures Analysis – June 3, 2013
The resiliency of the June NASDAQ-100 showed on Friday when the index was able to survive heavy selling pressure late in the session better than the Dow and the S&P 500. Some will read this as a sign of strength, but others will read it as a slight …
Read more on FX Empire

FX prime brokers forced to terminate double give-up trades
It also clarified that, if the executing dealer isn't a registered swap dealer under Dodd-Frank, then the prime broker would not have to provide the mid-market mark for exempt FX transactions, which include FX swaps and forwards, and physically settled …