"Such a mis-pricing of sovereign risk within the Eurozone was a key feature of the pre-credit crisis environment. Whilst premium are wider (Italy just over 1% above Germany, vs. 0.2%-0.3% in 2007), yields are lower." - Simon Smith, Chief Economist, FxPro
Read moreThe pan-European currency approached an 11-year low as Mr. Draghi’s quantative easing measures exceeded a proposal the ECB was said to have considered for 50 billion euros a month. Euro drops in value after announcement
Read moreBy launching an online facility to buy gold via a dedicated trading platform, the British government's Royal Mint is entering into competition with retail electronic trading firms, as well as offering British investors a stable investment in commodities
Read moreXTB has launched a marketing campaign aimed directly at clients of now-defunct Alpari UK, offering zero minimum deposit and 10% bonus as the competition heats up to attract the client base of the fallen brokerage
Read moreAlpari ME DMCC in Dubai remains fully operational, as the firm's Middle Eastern operation is run separately from Alpari UK. The only change in service is a temporary unavailability of MetaTrader 5 due to servers being located in London
Read moreOn January 20, LCG approved a notice from Charles-Henri Sabet's GLIO Holdings Limited to convert 1,688,000 loan notes of £1.00 each in LCG at a price of 25.02p, accompanied by an application for 9,000,000 ordinary shares of 10p each to be admitted to trading on AIM
Read moreCME Group's emergency action allows its Global Command Center to modify the amount of a price limit expansion, remove price limits at any time, determine whether a specified trading halt will be observed, and determine the products considered a Primary Futures Contract for purposes of expanding price limits
Read moreIn 2014, the yuan was used for over $1.6 trillion of international payments, according to information from the Chinese central bank that was published early this week, and has swap agreements with 14 countries. China is demonstrating a clear will for the yuan to become a reserve currency
Read moreFXCM believes, at this time, there is a high level of uncertainty in the currency markets that could destabilize markets throughout 2015, therefore has increased margin requirements globally on FX instruments, as well as gold in overseas jurisdictions
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