“Our decision to reduce our USD/Rupee rate is as a result of increased volumes and greater volatility we have seen over recent weeks in the emerging markets, especially in India as the nation's economy continues to swing like a pendulum" - Mohsin Jameel, CEO, Tradenext
Read more“It would be awesome if we had a naira-dollar contract that we could trade on the exchange...Futures and options are asset classes that we think would be very beneficial to foreign investors.” - CEO of the Nigerian Stock Exchange Oscar Onyema told Bloomberg News.
Read moreLeapRate Exclusive... LeapRate has learned, in discussion with a number of leading executives at forex brokerage firms, that trading volumes have spiked following recent weakness in the US Dollar, and increased volatility across most major currency pairs. As such, we are likely to see higher trading volumes being reported next month. EUR/USD has shot back…
Read moreOutright selling of the Euro by central banks could still run into a 12-figure sum, a significant flow out of the single currency and a major force for further weakness as central banks steer clear of negative-yielding assets
Read moreThe lira has lost 12% to USD this year, making it the worst performer among all major emerging market currencies apart from Brazil's real.
Read moreThe sudden move has erased all of the yuan's losses this year and squeezed companies that have bet CNY would fall further this year as the Chinese economy cools off and U.S monetary authorities debate rate hikes in the near future.
Read moreIn the wake of European market turmoil, exchanges and venues in Japan, China and Hong Kong, with the backing of global regulators, are busily adding products to their ranges which aim to attract European, Middle Eastern and American retail and institutional traders to increasingly strong markets. LeapRate takes a detailed look at the developments
Read moreDaily average volatility of the won/dollar exchange rate slightly declined from 0.34% in 2013 to 0.33% in 2014.
Read moreAmerica's sovereign currency goes from strength to strength following its best year since 2003, with confidence high for the immediate future
Read moreWith the ruble drama gathering steam in December and particularly this week, we have seen ruble dealers slash their leverage and also completely pull out of dealing in the currency, which isn't a huge generator of volume to begin with but still causing a big enough shakeup for brokers to issue statements to traders. With…
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