December 05, 2016 BY LeapRate Staff
Will Italy referendum and Renzi resignation send the EURUSD down to parity?
Markets now fear that the economic reform Italy needs has just become much harder.
Read more
July 06, 2016 BY Valentina Kirilova
GBPUSD drops below 1.28 as British Pound slide continues
Sterling sinks to new depths on Brexit anxiety, dropping to new 31 year lows around the 1.2800 level against the US dollar and even lower against the yen and the euro. The combination of some Brexit effects already starting to become definite and this week’s slowdown in recent economic data may seem a bit like…
Read more
June 21, 2016 BY Mike Fox
DMM FX halts trading in GBP and EUR pairs
DMM FX Australia, who is closing up shop this summer as reported by LeapRate back in May is taking no extra risks before winding down. Today they notified current clients that due to an increased risk following the Brexit referendum and to further protect clients’ positions during this event, trading will be suspended from 07:10hrs (server time) for…
Read more
April 25, 2016 BY LeapRate Staff
EURUSD faces volatile week ahead
The dollar has been in a major decline ahead of the Fed meeting which is set to take place this Tuesday and Wednesday.
Read more
January 20, 2016 BY Maria Nikolova
CME Group registers record volume of Eurodollar options
International derivatives marketplace CME Group Inc (NASDAQ:CME) has just announced it marked a trading volume record for Eurodollar options yesterday, January 19, 2016. On Tuesday – January 19th, Eurodollar options trading volume reached 4,279,584 contracts, beating the previous record of 3,493,675 set on June 24, 2013. Open interest in Eurodollar options also increased by 1.6…
Read more
January 07, 2016 BY Mike Fox
CME Group reduces minimum price increment on EUR/USD futures to half ticks
Today CME Group (NASDAQ: CME) informed us that they've reduced their tick size on EUR/USD futures, so traders can reduce their execution costs. Starting on January 10, CME is officially reducing the minimum price increment for their standard-size EUR/USD futures from 1-pip ($12.50 per contract) to 1/2-pip ($6.25 per contract). Effective Sunday, January 10 (trade date Monday, January 11), the minimum price…
Read more
December 09, 2015 BY LeapRate Staff
EURUSD back above 1.10 for first time in over a month
It used to be that a risk-off trading environment meant a rush to buy US Dollars as the 'safe haven' currency. Not so much any more. For the first time since early November, the Euro is worth more than USD $1.10, as a very jittery market continues to dump commodities (in particular oil) and equities, and…
Read more
December 03, 2015 BY LeapRate Staff
ECB extends QE and the Euro... soars 2% vs the Dollar???
Saxo Bank Head of FX Strategy John Hardy takes a look at what is arguably one of the ECB's worst communications failures.
Read more
November 17, 2015 BY LeapRate Staff
Forex: Euro suffering Paris hangover, drifting lower Tuesday
A good portion of the investing world will continue to follow the fallout from Friday's ISIS terrorist attacks in Paris for the coming days and weeks, especially if EU governments ramp up their commitments to a real ground war on ISIS. That, of course, remains to be seen. But in the near term, the financial…
Read more
October 28, 2015 BY LeapRate Staff
Euro volatility picking up as EURUSD dips below 1.10 (and nears 1.09) for first time in three months
Here we go again. Euro-Dollar parity prophets have been strengthened over the past two weeks, as the Euro has dropped in value versus the US dollar. After hovering at around 1.15 on October 14, the past two weeks have seen a steady slide in the Euro's value. The EURUSD dropped more than 1% on Wednesday, falling below…
Read more