CSA Calls For Restrictions On Binary Options & OTC Forex Transactions
Canada is concerned with the growing menace of binary options and as a result the country’s financial regulator, the Canadian Securities Administrators (CSA) has proposed a nationwide ban on the trading, selling, offering or advertising of binary options. A public
Read MoreYen rises amid escalating tensions between N.Korea & US
On the basis of an upwardly revised Euro Zone outlook issued by the IMF, we had predicted a Euro dollar rally against the Yen. The Bank of Japan’s postponement of 2% inflation target time also influenced our decision. We had
Read MoreF5 Networks meets Q3 EPS view, issues weak Q4 outlook
The stock of internet traffic managing software provider F5 Networks, Inc (NASDAQ: FFIV) has lost more than 10% in the past two weeks to trade at about $119. Analysts attribute the decline to the lower than anticipated fiscal 2017 third-quarter
Read MoreSwiss Franc strengthens on strong retail sales, PMI data
Better than anticipated flash manufacturing PMI and strong demand for homes enabled the US dollar to climb against the Swiss France in July end. The weakness in the Swiss Franc was also aided by an excess of Franc in the
Read MoreGM turns bearish on concerns of US market slowdown
Last week, General Motors Company (NYSE: GM) reported a better than anticipated fiscal 2017 second-quarter earnings. However, the revenues fell short of estimates. Additionally, the second-quarter net income was 40% lower compared to last year. The company is also facing
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