LeapRate has learned that FCA and CySEC regulated Retail FX and CFDs broker FxPro has indicated to its clients that it will be raising margin requirements on JPY currency crosses, as well as on spot metals and indices, ahead of Japan's general election set for next Sunday, October 22. The margin changes will come into…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Japanese Prime Minister Shinzo Abe announced a snap general election on October 22nd. He is seeking to consolidate his power in order to take further action to boost the economic recovery and inflation in…
Read moreLeapRate has learned from a variety of sources that Japanese Yen trading volumes have spiked the past two weeks, ahead of Japanese general elections tomorrow. Yen volatility over that period, despite the election's predictable outcome, seems to support what we've heard. This of course follows two near-record months for some of Japan's leading retail forex…
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