Day: August 4, 2011

August 4
2011

Swiss Franc Prevails Despite Intervention

The Swiss franc showed a vigor and rose against its major counterparts on the Forex market today, despite the yesterday intervention and the serious tone of the central bank. The franc rose slightly against the US dollar after losing somewhat during the first half of the trading session today. It also added significantly against the euro and the Great Britain pound. Versus the Japanese yen (weakened by the intervention of its own), the currency managed to reach a new maximum […]

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August 4
2011

Yen Slumps on BoJ Intervention

The Japanese yen dropped heavily against everything on the Forex market today, following the currency intervention by the country’s central bank. The yen declined most notably against the US dollar, demonstrating the biggest daily drop since October 2008. It also fell to the lowest rate against the euro since July 11 and reached the price minimum against the Great Britain pound since July 5. The Bank of Japan followed the footsteps of the Swiss National […]

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August 4
2011

UK Broker with $10K Minimum Account Size — TradeX Capital

Please welcome our latest addition to the list of Forex brokers — TradeX Capital. They specialize in their own trading platform — TradeX Pro and TradeX Web, but also offer the traditional MetaTrader 4 choice. The broker is based in the United Kingdom and is regulated by the FSA. It offers only Forex and metals trading to its customers. Other important features of Tradex Capital include: $10,000 minimum account size (but mini-Forex […]

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