John Hardy, Head of FX Strategy at Saxo Bank, takes a look the plunging USDJPY, as investors flee Japanese stocks and the BoJ's failure to contain yen raises doubts on stimulus efficacy. [divide] USDJPY punched down through 116.00 in early US hours yesterday as US equities followed up the ugly European session with heavy selling in…
Read moreIt is a tough time to be holding petro-currencies. It seems that the Fed's FOMC meeting move of a 25 basis point rate hike - the first such rise since 2006 - has traders focused on continued US Dollar strength. That means weakness in US Dollar denominated products such as Crude Oil, which witnessed a…
Read moreThe following analysis is based on research posted at Saxo Bank's Tradingfloor. The original article appears at Tradingfloor.com. For more opinions by leading FX analysts in real time see LeapRate's Forex Research section, or subscribe to our daily Forex Research Newsletter. — The Federal Reserve Open Market Committee (FOMC) surprised traders (or at least half of…
Read moreThe current bout of extreme market volatility won't last forever. The question in many traders' minds is - once this is over, where are we headed? Not too many analysts are willing to stick out their necks in this environment and look beyond the storm. However LeapRate is pleased to share with our readers the…
Read moreCypriot subsidiary of Saxo Bank, Saxo Capital Markets, has ceased to offer the ZuluTrade social and copy trading platform to its clients, standardizing the product range further
Read moreLeapRate Forex Weekly Look Back – Week of October 6th RoboForex opens up CopyFX to wider clientele | https://www.leaprate.com/6cSAL ADS Securities gains presence in London, purchases Pioneer Trader |https://www.leaprate.com/FH9Xi Saxo Bank launches $9,000 trading competition | https://www.leaprate.com/EfKgK TRADOLOGIC expands in China, adds Bus Dev director for Asia|https://www.leaprate.com/UahzF China looks to open interbank FX market to…
Read moreThe prize pool for the competition totals USD $9,000, with first, second and third place winners of the competition to be announced on December 19th
Read moreSaxo Bank Group shows some mixed results in H1 2014 amid the low volatility landscape, rolled out many new product developments, while clients’ collateral deposits increased by DKK 9.7 billion to a record high of DKK 60.3 billion.
Read moreMore and more information is getting to clients via distributed social networks. We covered last week the launch of Saxo Bank's social trading platform TradingFloor.com, which was actually a rebranding of Saxo's existing research and information site into a social one. What we found interesting over the following few days was the social media blitz…
Read moreSaxo Bank is morphing its TradingFloor.com research site into a social trading platform Our twitter feed has just presented us with some fresh information surrounding Saxo Bank’s exposure to the social trading environment. According to their social media account the Danish brokerage is transforming its Tradingfloor.com portal into a fully operational copy trading environment. Up…
Read more