Under earlier proposals, the rules would have capped retail forex leverage at 10 to one. These earlier proposed restrictions had prompted more than 9100 ...See all stories on this topic »
Backlash prompts rethink on forex leverage
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China May Consumer Prices -1.4%, Producer Prices -7.2%
China’s consumer prices fell 1.4% yoy in May, the fourth consecutive month of deflation. Expectations were for a fall of 1.3%. China’s producer prices fell 7.2% in the year to May, much greater than the forecast of 6.8%. However most economists are relaxed about the fall, seeing it as a...
A small heads-up on Thursday’s Retail sales report
The last two Retail Sales reports out of the US have surprised to the downside and there is reason to believe that Thursday’s report for May will be even more of a wild card than normal. This is because Wal-Mart, by far the largest retailer in the US, has stopped providing monthly sales...
FOREX VIDEO - Pre London Outlook September 3rd 2009
Hi everyone, for this presentation I continue to build on the Euro Pound analysis that we have been concentrating on this week. I use this information to help me build a Euro USD trade plan for today. It’s an interesting video in that we have to contend with changes in direction across multiple...
Barclays in talks with Blackrock, others on BGI sale
Barclays are presently in talks with Blackrock, others on BGI sale. As Jamie mentioned over the weekend, at some juncture there should be some positive M&A flows for sterling coming out of this situation. But not...
Dukascopy Afternoon Forex Overview - Oct 16 2009
Previous session overview The dollar is stronger against the euro in early New York trading Friday as investors take end-of-week profits and higher-yielding currencies take a breather after big run-ups over the past week. But even though the dollar is being given a brief respite from its recent...