By Gerald Segal LeapRate Exclusive… LeapRate had learned from updated CFTC data that cash held in US retail forex trading accounts fell to a multi-year low in June 2014. Total clients assets were … Source: Leap Rate
Month: August 2014
How Important is LIBOR to Traders?
Prior to the world economic crisis that started in 2008, most traders paid very little attention to the LIBOR rate. Then, the rate shot up and LIBOR made headlines around the world. So, just what is the LIBOR rate and why should you care about it as a trader? What does LIBOR mean? LIBOR stands … “How Important is LIBOR to Traders?”
GBP/USD: Trading the US JOLTS Job Openings
JOLTS Job Openings measures the change in the number of employment openings last month, excluding the farm industry. A reading which is higher than the market forecast is bullish for the dollar. Update: JOLTS: 4.671 million in June Here are the details and 5 possible outcomes for GBP/USD. Published on Tuesday at 14:00 GMT. Indicator Background … “GBP/USD: Trading the US JOLTS Job Openings”
MetaTrader makes it easier to sell signals – no test
MetaQuotes, the company behind MetaTrader 4 and MetaTrader 5, has just removed the mandatory test period before providers can sell signals. Here is more information from their page: For providers’ convenience we have decided to cancel the mandatory test period for paid signals. This means that you can start selling your trading signals right now. Previously, … “MetaTrader makes it easier to sell signals – no test”
Dollar enjoys underlying bid
One of the main fears last month was that markets were too complacent on the prevailing risks. Volatility measures were at multi-year lows, stock markets continued ever higher with no real corrective activity, with no signs of concern over geo-political events in Russia and beyond. In many ways, it is comforting to see markets taking … “Dollar enjoys underlying bid”
Thomson Reuters July average daily volumes lowest this year
By Andrew Saks-McLeod June’s considerable upturn in trading volumes at Thomson Reuters did not last, with July’s results depicting the lowest average daily volumes since the beginning of 2014. Source: Leap Rate
Euro Higher Now, But Likely to Fall Next Week
Euro is a little bit higher today, logging gains against its major counterparts. However, many think that this is the result of profit-taking, and a bit of readjustment. Expectations are that the 18-nation currency will show weakness again next week, especially since there is plenty of reason for its weakness. After a week of losses, the euro is heading a bit higher, thanks in large part to profit taking. Indeed, … “Euro Higher Now, But Likely to Fall Next Week”
Dollar Index Drops on Profit Taking and Consolidation
US dollar index is lower today, thanks in large part to profit taking and consolidation. There is a lot going on right now that should be dollar-positive, and the greenback’s recent gains are sufficient reason for a bit of a breather before preparing for more strength. Many analysts feel that the US dollar is set for gains in the coming months, thanks in large part to a deteriorating geopolitical situation, as well as improvements in the performance of the US … “Dollar Index Drops on Profit Taking and Consolidation”
Market Movers Podcast Test Episode #10: ECB past and
Here is another test episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch. As you can see from the title, we are still in a testing period. You are welcome to listen, subscribe and provide feedback. In today’s episode, we focus on the US, divided into 4 parts: ECB past … “Market Movers Podcast Test Episode #10: ECB past and”
Cable Remains At Risk Of Further Losses
The British pound has declined recently against most major currencies, including the US dollar. There were few important economic releases lined up during this week, which ignited a move lower in the pair. The most important ones include industrial production data, manufacturing production data and NIESR GDP estimate. There were few releases, which were encouraging … “Cable Remains At Risk Of Further Losses”