Forex Daily Recap – China's Currency Weapon Played, Dropping Yuan Past 7/Dollar


The Greenback was heading south in the North American trading session, aiming to close the day on a negative note, making it a hattrick. Notably, the USD Index had attempted multiple times in the last ...

GMO Click OTC FX Trading Volumes Continue to Slump in July


After a slump in foreign exchange (forex) trading in June, GMO Click, the retail brokerage unit of Japanese IT giant GMO Internet, has published its trading volumes for the month of July. Taking a ...

Forex Trading:the most beneficial trading


Over the last years, forex trading has gained appreciable popularity because of the advance in the on-line trading and as a result of its high liquidity, 24/7 schedule, and easy accessibility. ...

FOREX-China's yuan breaks below 7 to the dollar, an 11-year low


In offshore markets, the yuan fell to its weakest since international trading of the Chinese currency began. The currency was headed for its biggest one-day drop in four years. It was last down 1.5% ...

Forex Today: China's yuan revaluation triggers risk-on correction, volatility remains high


The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not ...

MOEX Expands FX Offering, Now Supports USD/JPY Trading


The Moscow Exchange (MOEX) announced this Monday that it has expanded its foreign exchange (forex) offering, by launching trading in the US dollar/Japanese yen (USD/JPY) currency pair. When trading ...

Best Regulated Forex Brokers 2019


more specifically they offer Forex, Indices, Commodities, Stock CFD's, ETF CFD's and even crypto trading. The company was established in 2002, though initially it was referred to as X-Trade. XTB is ...

FOREX-Offshore yuan pulls off all-time low after tentative moves from Beijing to curb falls


The yuan was last up by 0.4% in offshore trade at 7.0675 against the dollar after plunging to 7.14 late on Monday, its lowest level since offshore trading began in 2010 ... weakening phase," said ...

Forex Today: China strikes back with yuan devaluation, yen surges, commodity currencies crash


Bulls have their eyes on the 127.2% Fibo target up at $1,560 while trading above the 20-day moving average and the 78.60% Fib. The risk-off sentiment remained at full steam in Asia this Monday, as the ...

UPDATE 1-London forex trading turnover surges to record high


LONDON, July 23 (Reuters) - Britain's daily foreign exchange turnover rose to a record high in April, the Bank of England said on Tuesday, as investors concerned about central bank policy U-turns ...

FOREX-Offshore yuan pulls off all-time lows after tentative moves from Beijing to curb falls


The offshore yuan was last up by 0.4% at 7.0677 against the dollar after plunging to 7.14 Monday night, the lowest since offshore trading began in 2010 ... remnibi weakening phase," said Stephen Gallo ...

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