"When Greece warned on the 22nd of the month that it would be unable to meet its next debt payment at the end of May, the EURUSD pair tumbled even more, falling below 1.10 and remaining there through the end of the month" - Jameel Ahmad, Chief Market Analyst at ForexTime (FXTM)
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 moreLeapRate Managing Editor Andrew Saks-McLeod looks behind the dramatic media depictions of the falling Euro and the dominance of the dollar, considers a focus on overall circumstance to be vital in addition to pure real time figures
Read more“It would be wrong to assume that what is happening right now is a currency war,” says Ewald Nowotny, however many other factors suggest otherwise
Read moreThe Euro has reached its lowest value in 12 years, almost placing it equal to the US dollar LeapRate takes a look at the macroeconomic considerations
Read moreAs the bond rates turn negative, and the Euro continues to devalue, Societe Generale tells the ECB that "The universe of buyable bonds is melting like snow in the spring sun.”
Read moreThe Euro is almost aligned in value with the dollar, however with the US remaining stable and the future of the EU under the microscope, will further declines in value and market volatility prevail?
Read moreA press conference following Eurogroup talks has just concluded, with what was initially dubbed as meager speculation now officially confirmed – an accord has been reached among eurozone finance ministers to extend the rescue programme for indebted Greece. Christine Lagarde, managing director of the International Monetary Fund, commented on the terms of the agreement, shedding light on…
Read moreThe eurozone currency managed to recover some losses this evening amid reports that a preliminary agreement was reached during talks of Eurogroup members on a Greek deal. Bloomberg quoted a Greek government official saying that an agreement might have been reached today and the deal would see the Greek rescue program extended beyond the end of…
Read moreLMAX, the popular London-based FCA-regulated multilateral trading facility for FX trading has been publishing a daily forex report called Global FX Insights since Fall 2014. So what does the report actually look like? As reported exclusively on LeapRate back in October, the report provides original research and analysis of the overall currency space from well-regarded…
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