Forex News

FOREX-Negative bund yields pressure euro, Brexit vote looms, eyes on Fed

June 15, 2016
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* Euro hit after 10-yr German yield turns negative for first time * Fed meeting eyed for cues on the c.bank’s rate hike stance * Dollar/yen edges up as recently battered Tokyo stocks rebound (Adds details, quotes) By Shinichi Saoshiro TOKYO, June 15 The euro nursed losses against the dollar on Wednesday as the...

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Xtrade – The Most Educative Forex Trading Platform

June 15, 2016
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XTrade was launched back in 2003, so it has an enormous experience to offer to traders. The company is located in Cyprus and it is supported by the national financial controlling agency – CySec – which provided the firm an official license to operate from the market. XTrade offers foreign currencies, indices, and Bitcoin...

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Yuan funds for forex decline US$8.2b

June 15, 2016
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CHINA’S central bank saw its yuan funds outstanding for foreign exchange drop 53.7 billion yuan (US$8.2 billion) to 23.7 trillion yuan in May, data showed yesterday. The fall was below the 54.4 billion yuan decline in April, suggesting less pressure of capital flight. As the yuan is not freely convertible under the capital account,...

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China loosens forex rules on overseas debt funds

June 15, 2016
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BEIJING: China will allow companies across the country more leeway in converting funds raised from overseas debt markets into yuan, the foreign exchange regulator said. All firms, including foreign-invested firms, will be allowed to sell foreign debt funds to banks based on their willingness, the State Administration of Foreign Exchange said in a circular,...

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Forex Lifestyle: Best Practices for Better Sleep

June 15, 2016
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No matter which trading session you are most active in, sleep is important for a successful forex trading career. Getting better sleep should be a priority for all forex traders. It improves general health for an optimised performance especially during a trading session. Due to the nature of currency trading, both physical and mental...

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FOREX-Yen, Swiss franc slip as Brexit worries ease

June 15, 2016
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* Fed meeting eyed for cues on rate hike stance * Dollar/yen edges up as recently battered stocks rebound * Brexit worries to keep most investors cautious (Updates prices, adds comments) By Gertrude Chavez-Dreyfuss NEW YORK, June 15 The safe-haven yen and Swiss franc lost some ground on Wednesday as concerns over Britain’s referendum...

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