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Day: February 9, 2016
February 92016
Australian Dollar Remains Below Opening Level After Trimming Losses
The Australian dollar trimmed today’s losses against its major rivals, almost erasing them against the US currency, but remained below the opening level as the market sentiment was unfavorable to currencies related to commodities and growth. Futures for oil fell almost 3 percent during the current session, and US crude dropped below the $30 per barrel level. This intensified concerns about global growth as basically all major economies […]
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February 92016
Mexican Peso Touches Record Low vs. Dollar
The Mexican peso declined today, reaching the all-time low versus the US dollar, as risk aversion continued to dominate markets and crude oil extended its decline, hurting currencies associated with risk. Fundamentals do not look that bad for the peso as Mexico has a solid economy. As analysts point out, the Mexican peso suffers from its high liquidity (being one the most traded currencies, especially compared to those of other […]
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February 92016
Total trade volume on COPYDEAL signals totals 12.4 billion USD in one year
In anticipation of the new year, we are publishing the total volume of copied trades on COPYDEAL for the current year. That number is a record 12.4 billion USD. Financial indicators reflect the aggregate trading volume of users of the social platform and include consolidated data from partner brokers of TSB. The number of profitable […]
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