Latest Market News

Apr 07
Canadian securities regulators seek comment on the implementation of an access equals delivery model for non-investment fund reporting issuers

Montréal – The Canadian Securities Administrators (CSA) today published proposed amendments to implement an access equals delivery model for prospectuses generally, annual financial statements, interim financial reports and related management’s discussion & analysis (MD&A) for non-investment fund reporting issuers.  “We recognize that electronic access to documents facilitates more efficient communication with investors than paper delivery, […]

Apr 07
Federal Court Orders Precious Metals Traders to Pay Penalties and Imposes Trading Bans for Spoofing and Engaging in a Deceptive or Manipulative Scheme

April 07, 2022 Washington, D.C. — The Commodity Futures Trading Commission today announced that Judge Steven C. Seeger of the U.S. District Court for the Northern District of Illinois issued final judgments and consent orders against James Vorley and Cedric Chanu, former precious metals traders, for spoofing and engaging in a deceptive or manipulative scheme, in […]

Apr 07
Florida-Based Companies and Their Owner Settle Mid-Trial for $1.8 Million for Fraudulent Forex and Digital Asset Scheme

Washington, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the Middle District of Florida entered an order for permanent injunction, monetary sanctions, and equitable relief against Alan Friedland of Florida and his Florida-based companies, Fintech Investment Group, Inc. (Fintech), and Compcoin LLC, for fraudulently soliciting customers to purchase a […]

Apr 07
Dax Futures (FDAX1!), H1 Potential For A Drop!

Type: Bearish DropKey Levels:Resistance: 14591Pivot: 14346Support: 14049Preferred Case:With price moving below the Ichimoku cloud, we have a bearish bias that price will drop to our support at 14049 in line with the horizontal overlap support from our pivot at 14346 in line with the 38.2% Fibonacci retracement and horizontal pullback resistance.Alternative Scenario:Alternatively, price may break […]

Apr 07
Market Spotlight: DXY Soars On Hawkish FOMC Minutes

Fed Pushing Ahead in MayThe US Dollar has been higher today on the back of the release of the March FOMC minutes yesterday. The minutes confirmed the hawkish shift within the Fed, revealing members’ intentions to begin scaling back the central bank’s balance sheet by $95 billion a month starting in May. Coming on the […]

Apr 07
AUDCHF Wave Analysis – 7 April, 2022

• AUDCHF reversed from resistance level 0.7070• Likely to fall to support level 0.690 AUDCHF currency pair recently reversed down from the strong resistance level 0.7070 (the previous monthly high from March) – ending the earlier wave (C). The resistance zone near the resistance level 1.2450 was strengthened by the upper daily Bollinger Band and […]