“If the UK left the European Union, London’s dominance of foreign exchange including euro trading would gradually decline and then end as the flows moved to Asia and other European capitals,” US investor Jim Rogers, who co-founded the Quantum Fund in 1973 with George Soros, told Reuters.
Read moreThe value of the euro collapsed as Greece remains in the EU, whilst militant protesters rioted during the night in Athens, throwing petrol bombs and burning parts of Syntagma Square. A third bailout would mean another 89 billion euros of funding, with little hope of repayment
Read moreA summit due to be held today including European Union leaders with regard to the Greek debt crisis has been canceled at the last minute, whilst talks resumed at 9,00am GMT
Read moreFormer Leader of the House of Commons William Hague predicts that the Greek debacle is only the start of a fiscal catastrophe across the Eurozone, and that Spain and Italy are next as Britain's economy flourishes. He likens Greece to a burnt out room in a burning building
Read more" The impact of the FOMC’s dovishness cannot be underestimated; on June 17th, gold was at the level of 1,175 USD per ounce. By the very next day, it had risen to 1,201 USD per ounce, once again demonstrating its value as a safe-haven investment for when the USD dips" - Jameel Ahmad, Chief Market Analyst at ForexTime
Read moreThe margin requirements will change from July 6, 2015.
Read moreThe complicated situation in Greece has pushed the broker to warn it may reduce leverage on EUR pairs to 1:50 at market close this Friday.
Read moreThe broker aims to provide a safeguard against effects from potential market volatility and warns that trading with EUR pairs may be subject to tighter margin requirements.
Read moreThe Japanese Forex broker will increase the margin on currency pairs with the euro, starting from June 29, 2015.
Read moreFrom June 29, 2015, the Forex broker reduces leverage and imposes temporary limits to size and volume of opened positions with EUR pairs, citing the possibility of Greece defaulting.
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