ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 6, 2020. This is not a trading advice. See details below: FOREX The dollar and the euro are staging a modest recovery to the yen in early Monday trading. The Japanese currency, traditionally seen as a safe haven, recorded gains…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 2, 2019. This is not a trading advice. See details below: FOREX The Euro is gaining 0.10% to the Yen, as the markets opened this Monday in a clear risk-on mood. The Single currency has been something of a canary…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 15, 2019. See details below: FOREX The Euro is on the back-foot against other major currencies, noticeably the US Dollar, trading around the $1.11 level on Thursday morning. The perfect storm of risk constraining events (lingering trade tensions, weak Chinese…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 14, 2019. See details below: FOREX The Yen is currently the most remarkable story in the FX space, as we go through the usual mid-August low liquidity patch. The Japanese currency continues to appreciate against the other majors, noticeably the…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for July 1, 2019. See details below: FOREX The US Dollar rose against other currencies, most noticeably the safe havens Yen and Swiss Franc, during early Monday trading. The good news that, at least for now, there’ll be a truce in the…
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In the beginning of November, the NFA has issued a directive to all licensed forex brokers in the country, indicating that they must cut leverage and raise margin requirements on all GBP currency pairs. Now, the National Futures Association has made a similar move with some other foreign currency futures including the Japanese Yen. Notice I-16-27 Immediate attention…
Read moreAsian stocks climbed to one-year highs on Monday. The Australian dollar also rose as investors' hunt for yield gathered momentum against a backdrop of a recovering U.S. economy and easy global monetary policy conditions. The U.S. Department of Labor said July non-farm payrolls rose by 255,000 and revised the June increase upward to 292,000. The…
Read moreHead of investment research for FXPRIMUS, Marshall Gittler, was interviewed live on Bloomberg today, in order to discuss a range of fundamental themes affecting the currency markets. He was asked for his views on the uncertainty of the Sterling following the ‘Brexit’ referendum, as well the Yen, emerging markets currencies and carry trades. Yen is…
Read moreCME Group (NASDAQ: CME), the world's leading and most diverse derivatives marketplace, announced that Chicago Mercantile Exchange Inc. (CME) has been formally granted the status of Foreign Clearing Organisation (FCO) by the Prime Minister of Japan on 1 June 2016. With this FCO status, the clearing house division of CME, CME Clearing, is now able to clear non-Yen interest rate swaps on behalf…
Read moreThe following article is provided by Kathy Lien, Managing Director of FX Strategy for BK Asset Management -- During the North American trading session yesterday, the U.S. dollar and Japanese Yen held onto their gains, reflecting the continued anxiety felt by many forex traders. Although Chinese stocks stabilized overnight and the Dow Jones Industrial Average…
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