Russia foreign currency ratings lowered to 'BB+/B'; Outlook Negative while the EUR/USD takes a pause as it approaches key 1.10 psychological level
Read moreAll trading operations and customer service functions within FXDD are at full capacity following Thursday’s action by the Swiss National Bank
Read moreAs the new year's trading commences, FxPro stands out as one of the first firms which suspended ruble trading at the end of last year to reinstate trading in EUR/RUB and USD/RUB pairs
Read moreWell that didn't take long. On the first trading day of 2015, ECB President Mario Draghi's comments sent the Euro plummeting toward the 1.20 line. Draghi told German newspaper Handelsblatt that more easing action was likely early this year, as the risks of deflation well outweighed those of inflation. With the Eurozone in a continued economic funk,…
Read moreAmerica's sovereign currency goes from strength to strength following its best year since 2003, with confidence high for the immediate future
Read moreNadex, the American regulated binary options exchange has some new things being implemented next week. One, 5 minute expiries on major currency pairs will be introduced following submission and acceptance from the CFTC. Second, the binary options exchange will amend how it calculates official expiration rates. You can read the official notices from Nadex below:…
Read moreDavid Tepper, the founder of hedge fund Appaloosa Management, said that he's short the euro during a talk at the Robin Hood Investors Conference in New York City. Tepper, whose fund specializes in distressed debt, said he expects that the European Central Bank will need to expand its balance sheet by instituting more quantitative easing…
Read moreIn Swissquote’s Monday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for EUR/USD and AUD/USD. To view and download the entire report, click here (PDF). EUR/USD: Challenging the 1.2500 threshold • EUR/USD continues to move lower, confirming persistent selling pressures.…
Read moreIn Swissquote’s Wednesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for EUR/USD. To view and download the entire report, click here (PDF). EUR/USD: Making 2 years lows • EUR/USD has broken the strong support area between 1.2755 and 1.2662,…
Read moreIt a bold statement a top Citibank FX technician called for the Eurodollar exchange rate to head to parity and even below. This could remind you of the sovereign debt crisis which started to bubble 2010 across Europe when predictions for parity were also made. However, the euro ended up going on recovery rally. Either…
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