August 10, 2014 BY Mike Fox
CFTC - Commitment of Traders (COT) Report: Bears continue driving EUR lower
Data in this report cover up to Tuesday August 5 & were released Friday August 8.
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August 04, 2014 BY Mike Fox
SWISSQUOTE: Daily Technical Forex Report
In Swissquote's latest technical trading report, Luc Luyet-Senior Market Analyst outlines the major technical levels of popular currency instruments, below is the outline for the EUR/USD and USD/JPY. You can download the full report by clicking here. EUR/USD: Monitor the resistance at 1.3444... • EUR/USD is bouncing within its underlying downtrend. Hourly resistances can be…
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July 27, 2014 BY Mike Fox
Commitment of Traders Report—CFTC: EUR sentiment continues to deteroiate
Data in this report cover up to Tuesday July 22 & were released Friday July 25.
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July 21, 2014 BY Mike Fox
BNP Paribas: We remain short EUR/GBP
BNP Paribas, the French investment bank has given their updated near term outlook on the EUR/GBP cross. They believe pressure is on the BOE to bump up rates, is this the beginning of the cycle for higher interest rates which can lead to some normalcy? If so, this eventually can allow for government's to get…
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July 15, 2014 BY Mike Fox
Recently launched FX ECN Spotex has selected Solace Systems message routers
The new Spotex foreign exchange ECN has been operating since June 2014.
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July 15, 2014 BY Mike Fox
Execution and research brokerage ITG unveils FX trading cost index app
You can see estimates on the average cost of liquidity when trading different currency pairs, and choose the most favorable times to trade based on your deal size.
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July 15, 2014 BY Mike Fox
International FSB completes reccomendations on blanket FX fixing reform
The globally minded Financial Services Board, the G20's consultative go-to for all things financial, which is chaired by Mark Carney, Governor of the Bank of England released final recommendations and conclusions on cleaning up FX benchmarks and rate fixes. The way it stands in its current form has embroiled in scandal many investment banks and…
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July 11, 2014 BY Mike Fox
June volumes for Reuters Matching rebound 8% MoM; while FXall vols reach ALL TIME HIGH…
Daily spot foreign exchange trading volumes on Thomson Reuters saw a rebound along with much of the industry from year-to-date lows of April. June ADV (average daily volumes) on Reuters Matching, Dealing and Trading for crept back to $94 billion an 8% increase from $87B a month earlier. Meanwhile, always interesting to report volumes on…
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July 10, 2014 BY Mike Fox
Alpari UK adds Singapore dollar (SGD) and South African rand (ZAR) denominated accounts
Alpari UK has expanded its range of account currencies to include the Singapore dollar (SGD) and South African rand (ZAR). Clients are now able to deposit and withdraw funds in these currencies without facing any currency conversion fees. David Hodge, Chief Executive Officer at Alpari (UK) Limited, commented, “Our aim at the start of the…
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June 16, 2014 BY Mike Fox
Currency trade goes red for 'Greenpeace' - loses $5.2M on euro position!
On a side note today, the AP is reporting that Greenpeace, an international NGO environmental group has acknowledged losing 3.8 million euros ($5.2 million) on a bet the euro would not strengthen against other currencies in 2013— but it did. The environmental group said the money was lost by an employee who acted beyond the…
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