July 13, 2021 BY Steffy Bogdanova

Weekly forex data: inflation and retail sales in view

While a retest of the multi-year low around ¥6.36 doesn’t seem likely in the immediate future, a movement above the 200 SMA is also unfavourable. With no sign of saturation and the significant low quite close, consolidation with the value area between the 50 and 100 SMAs seems to be possible in the absence of…

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June 07, 2021 BY Steffy Bogdanova

Weekly forex data: key inflation and trade releases

Balance of trade from both countries plus of course American core inflation are the key releases to watch this week. The BoC’s meeting on Wednesday afternoon GMT is unlikely to generate a clear movement on this chart but volatility during the subsequent press conference could increase as traders try to read behind the lines of…

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china yuan
July 20, 2018 BY LeapRate Staff

Chinese yuan sliding as Government adds stimulus

The following article was written by Jasper Lawler, Senior Market Analyst at FCA regulated broker LCG. The US dollar has been on a tear against the Chinese yuan/renminbi since mid-April, and in just the past two weeks has skyrocketed to a one-year high. The main impetus of yuan weakness has been the US-China trade war. Further…

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forex market update
July 12, 2018 BY LeapRate Staff

ATFX Forex market update: July 12, 2018

The following article was written by Ramy Abouzaid, Head of Research at ATFX, UAE. Risk appetite hit as US warns of more tariffs on Chinese goods Global Economic Indicators This Week’s Economic Calendar Asian indices under pressure, yuan falling sharply against the US dollar The United States said it would impose tariffs on an extra $200…

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September 07, 2017 BY admin

Singapore Exchange Forex futures volume for August rises 5% MoM

Singapore Exchange (SGX) Asia’s most international, multi-asset exchange today reported market statistics for August 2017. Total FX futures volume moved up 5% from the previous month to 800,350 contracts and up 75% from August 2016. The solid figures from SGX's FX segment attest to the slightly higher trend across the Forex trading industry for August…

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November 09, 2016 BY admin

SGX total FX volume down 11% MoM in October, renminbi contracts continue strength

Today, Singapore Exchange (SGX) one of Asia’s leading and trusted market infrastructures reported October volume metrics. Overall, the exchange reported down numbers as you can read below, as traders and investors have taken a wait-and-see approach to the markets. For currencies, total FX Futures volume came in at 499,028, down 11% month-on-month and up 5%…

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August 15, 2016 BY Valentina Kirilova

OTC Clear launches clearing service for USD/CNH cross currency swaps

OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX) that provides clearing and settlement services for over-the-counter (OTC) derivative transactions, has announced the launch of its clearing service for cross currency swaps (CCS). OTC Clear is initially providing clearing for swaps in the USD/CNH (US Dollar/Offshore Renminbi, or…

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July 21, 2016 BY Valentina Kirilova

OTC Clearing Hong Kong Ltd clears USD/CNH cross currency swaps

OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has announced that the Securities and Futures Commission has granted approval of its clearing services for cross currency swaps. OTC Clear expects to launch the service in August of this year. OTC Clear will initially provide clearing for…

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February 11, 2016 BY Mike Fox

Open interest hits all-time high in Renminbi futures on HKEX

Hong Kong Exchanges and Clearing Limited (HKEX) the Hong Kong securities and derivatives market announced another record-setting day today for HKEX’s RMB Currency Futures contracts. Open interest hit an all-time high of 32,009 contracts (US$3.2 billion notional), and volume on February 11th hit 7,711 contracts (US$771 million notional), the second highest ever. Today was also the fourth consecutive…

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January 19, 2016 BY Mike Fox

Orbex adds exotic FX pairs and new cash CFD indices

CySEC regulated forex broker Orbex is announcing today they are adding two sets of new trading instruments. Orbex launched today cash indices on Dow Jones, Nasdaq, S&P and DAX that are offered with low margin requirements, non-expiring contracts, fixed spreads, and zero commission charges. The new indices are replacing the broker's regular equity indices of which the last traded contract will…

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