Expectations ranged between no cut and a 50bp cut, with a 25bp cut having the highest chances. EURUSD traded lower before the release, at 1.3160.
Category: Forex Bits
US data could have been worse – dollar recovers
The ISM manufacturing PMI stands at 50.7 points, within expectations that stood on 50.9. Also the final figure from Markit didn’t disappoint and remained at growth territory, above 50. This helped the dollar recover: EURUSD fell below 1.32 after the break higher seen earlier in the day. The markets already got used to bigger disappointments. … “US data could have been worse – dollar recovers”
Share4You – an order auto copy forex service
A new trade copy service has been launched by E-Global Trade & Finance Group: Share4You. The company states that the average slippage is only 0.01 pips. For more information, here is the official press release: The new “Share4You” social trading platform marks the start of a new era in combining high performance of 0.01 pips of … “Share4You – an order auto copy forex service”
OANDA Europe Adds More CFDs
Forex broker OANDA responds to customer demand and adds more CFDs to its offering. European retail investors can now trade the Swiss 20, the Russell 2000 Index, 10 year bonds of Germany and the UK, and more instruments. OANDA recently launched a shiny version of its mobile application. For more on the CFD offering, here … “OANDA Europe Adds More CFDs”
Admiral Markets wins two awards in Australia
Forex broker Admiral Markets was awarded the “Best of Forex for Experienced Traders as well as the “Best Forex for Novice Traders” by the Financial Review in Australia. Admiral Markets saw nice traction in its ForexBall competition. For more details, here is the official press release: Sydney– April 26, 2013 – Admiral Markets PTY, part … “Admiral Markets wins two awards in Australia”
Spread High Low Option Introduced by MarketsPulse
MarketsPulse, which provides a platform for binary options, developed a Spread High Low option for brokers to offer clients. This new option enables brokers to offer traders payouts higher than 100%. The launch of this new option is particularly interesting for online trading brokers looking to integrated and expand their offerings beyond forex, CFD, and … “Spread High Low Option Introduced by MarketsPulse”
Windsor Brokers Launches Binary Options
Cyprus based forex broker Windsor Brokers announces the launch of binary options to its offering. Windsor has recently issued statements regarding the crisis in Cyprus. For more about binary options, see the press release below: Cyprus, April 25th, 2013 – Windsor Brokers Ltd. recently launched Binary Options Trading. Binary Options have become very popular in … “Windsor Brokers Launches Binary Options”
Leverate Now ISAE 3402 Type II Compliant – Audited by
Leverate, a provider of software solutions for forex brokers, has successfully been audited by Deloitte and has been certified as ISAE 3402 Type II compliant. This is an important status concerning working with tier-one institutions. Leverate recently added Saxo Markets to its FXPN network. For more information, here is the official press release: April 24, 2013 … “Leverate Now ISAE 3402 Type II Compliant – Audited by”
Forexball: 8 weeks, 22,000 participants and $32,000 in prizes
ForexBall, a global forex contest, just concluded its second season with a new record in participation. In only eight weeks since its re-launch, the Admiral Market Group’s new competition attracted more than 22,000 participant. A total of $32,000 was given out as prize money, with much more to come. ForexBall has also grown into a … “Forexball: 8 weeks, 22,000 participants and $32,000 in prizes”
PFSOFT Protrader offers Alpari UK’s Liquidity
PFSOFT, a trading software provider, announces that it will offer liquidity from Alpari (UK) within its Protrader platform PFSOFT recently announced that it provides liquidity from Sucden Financial. For more information, here is the full press release: The PFSOFT Company, a trading technology provider, today announces the addition of Alpari (UK) Limited’s (“Alpari UK”) liquidity to … “PFSOFT Protrader offers Alpari UK’s Liquidity”