Not all currencies enjoy the same popularity and not all currency pairs have the same popularity or the same spreads. There is a clear hierarchy. The infographic below show the most traded currencies in the world. The image is courtesy of Marcus Holland of financialtrading.com
Category: Forex Bits
Cambridge Morning Commentary- June 20, 2013
The big news overnight was the fallout/euphoria from the US Federal Reserve rate announcement, statement, and press conference. As expected, no policy changes, however everyone is talking about the hawkish update to the Fed’s economic outlook and press conference. Let’s start with the outlook, as mentioned in yesterday’s ‘post-Fed’ Cambridge Market Update, markets were caught … “Cambridge Morning Commentary- June 20, 2013 “
Hawkish FOMC Statement Leads to Market Sell-Off
The FOMC monetary policy announcement and subsequent press conference from Chairman Bernanke took place earlier this afternoon, and has led to a sharp turnaround in risk appetite, as investors shed exposure to high-yielding asset classes. The statement from the FOMC was a little more positive on the US economy back in May, with the committee … “Hawkish FOMC Statement Leads to Market Sell-Off “
Forex Crunch mentioned in Top 100 Forex Blogs to Follow
Forex Crunch was mentioned in a list that ranked the top 100 forex blogs to follow in 2013. You can see the mention at No. 9. The infographic by the team at CouponAudit is no longer available. .
The New Sirix Launched by Leverate
Leverate, which develops software solutions for brokers, has launched a brand new version of its Sirix social network, and this time on HTML5. The original Sirix was launched back in May 2012. For more on the features of the new version, here is the official press release: June 18, 2013 – Leverate today launched The … “The New Sirix Launched by Leverate”
Admiral Markets Authorized by the British FCA
Admiral Brokers received financial authorization from the British Financial Conduct Authority. This is another step forward for the company. Admiral Markets recently won two awards in Australia. For more on the UK authorization, here is the official press release: London – June 17, 2013 – Exercising integrity, skill and diligence, maintaining proper financial resources and … “Admiral Markets Authorized by the British FCA”
MarketsPulse leads discussion over future of binary options, unveils
The iFXExpo held during May in Limassol, Cyprus, was very fruitful for binary options provider MarketsPulse. It engaged in discussions about the maturing binary options industry, and launched new software features. For more on the news, here is information from the official press release: At the end of May, MarketsPulse joined other leaders in the B2B … “MarketsPulse leads discussion over future of binary options, unveils”
Trading in Accordance with Fundamental Market Analysis
Trading according to traditional Forex rules is difficult enough and would need a lot of careful comprehension and analysis. However, when traders do Forex trading according to fundamental analysis, then said analysis adds more spice to trading activities. Fundamental analysis, in relation to stocks and equities, is to review financial statements, charts, and conditions of … “Trading in Accordance with Fundamental Market Analysis”
Leverate steps into the big Japanese forex market
Leverate, the software provider for forex brokers, is expanding and taking a big step diving into the Japanese forex market. Kazuo Anzai will run the Japanese operation. He has previously been with Alpari Japan. This is Leverate’s 4th global office. Leverate recently launched its FXPN network for binary options. For more on the move into Japan, … “Leverate steps into the big Japanese forex market”
FXTM Introduces Over-the-Weekend Forex Account
Cyprus based forex-broker Forex Time (FXTM) is launching a new service for those traders who cannot take a break from the markets during the weekend. Forex traders can enjoy swap-free trading from Monday to Friday until the end of August. FXTM launched back in February. For more details about this interesting offer, here is the official press release: Any … “FXTM Introduces Over-the-Weekend Forex Account”