Regulatory plans to clamp down on retail FX leverage divide opinion
Regulators have long expressed concern that the availability of excessive leverage in the retail FX market represents a notable risk, both for individual traders – who might lose more money than they can afford – and for the system as...
Dollar Mildly Higher after Solid Data but Upside Limited, Franc Shrugs off SNB
Dollar strengthens mildly in early US session after some solid economic data. But gain for the greenback is so far limited. While Dollar follow Yen as the second strongest major currency for today, it’s still down again all but Aussie...
SNB Warned Of Franc Appreciation Against US Dollar, Kept Commitment To Intervene
As widely anticipated, the SNB kept the sight deposit rate unchanged at -0.75%, while the target range for the three-month Libor stayed at between –1.25% and –0.25%. Again, the SNB maintained the commitment to intervene the FX market when needed,...
Trade War Theme Dominates Markets, Dollar Stays Weak
Trade war continued to be the main theme in the financial markets. In particular, investors are getting increasing concerned with the reported USD 40b tariffs on Chinese goods by the US. DOW closed -1.0% lower overnight to 24758.12. S&P 500...
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