September 18, 2014 BY Mike Fox

ForexClear expands range of cleared currencies

LCH.Clearnet Ltd, the global clearing house, has expanded the range of currencies cleared through ForexClear to include Peruvian Nuevo Sol. The move is in response to member and client demand. This addition brings to twelve the currencies now available, enabling over 95% of the non-deliverable forward (NDF) market to be cleared, including: Brazilian Real, Russian…

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September 18, 2014 BY Mike Fox

Swissquote Daily Technical Report: Gold - Drifting lower

In Swissquote’s Thursday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/JPY and Gold. To view and download the entire report, click here (PDF). USDJPY: Pushing higher • USD/JPY has confirmed its underlying uptrend by making new highs. The…

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