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CFTC

$57M+ fine against MXBK and MBFX for Forex Fraud

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court judgment against two Mexican companies, MXBK Group S.A. de C.V. (MXBK), and its forex division, MBFX S.A. (MBFX), requiring t...

CFTC
Financial-Services-Author-001
 
Analysis
 
dollar-euro

Currency Report

Currency Report: Tuesday, May 21 EURUSD: The Euro-dollar reached the previous target last week of 1.2845, but stopped short of the second target of 1.275 after bouncing back from 1.2795 to currently 1.2868 (at the time of writi...

Dollar 2Y daily
EURUSD following German GDP
 
 
Commodities
 
Gold daily

Gold Accelerates Downward As Fear of Inflation Lessen

Gold bugs are hurting today as the yellow metal continues to slide downward with speed printing 1373 per oz., -22.9. There has been a lot of talk that the U.S. Federal Reserve will tapper off or stop the massive liquidity pumpe...

gold
XAUUSD
 
Energy
 
oil6

WTI Oil drops as Saudi Arabia boosts output

West Texas Intermediate oil dropped from the highest price in more than a week as Saudi Arabia boosted output and industrial production slowed in China, the world’s second-biggest consumer of crude. Futures slid as much as 0.4 ...

oil_2216265b
wti-oil