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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EURUSD’s bounce extends to 1.2297
EURUSD’s bounce from 1.1876 extends to as high as 1.2297 level. Now the pair is facing the upper boundary of the price channel on 4-hour...
FOREX VIDEO - Pre London Outlook September 29th 2009
Hi everyone, for today’s presentation I stick with the majors and analyze the Pound USD, Euro USD and Euro Pound. The Pound has hit some significant support on a weekly chart so the question for us over the next 48 hours is whether we are going to see a significant pullback or is price determined...
Central Bank of Nigeria Hikes Rate 275bps to 12.00%
The Central Bank of Nigeria hiked its monetary policy interest rate by 275 basis points to 12.00% from 9.25%, after convening an...
USD/JPY: Decent sized buying interest 97.00/25
The JPY crosses are proving to be very stable at lofty levels with GBP/JPY now consolidating well above 160 and AUD/JPY trying to form a foothold above 80. The USD bears are being cancelled out by the JPY bears which should mean that USD/JPY continues to range trade both in the short and medium...
Brazil offers to buy dollars in spot forex market
SAO PAULO, June 10 (Reuters) - Brazil's central bank offered to buy US dollars in the spot foreign exchange market on Wednesday, seeking to soak up a flood ... See all stories on this...