Can hybrid platforms give brokers the edge? May 6, 2010 ELECTRONIC trading technology has come a long way in a short space of time. It is now crucial to the broking business and, according to research from Execution Noble, offers operating margins of 40 per cent compared with 20 per cent for traditional voice broking. Based on those figures – not to mention the fact [...]
Eastern promise for traders in Turkey March 2, 2010 ONE consequence of the Greek debt crisis has been a re-ordering of global risk sentiment. The problems plaguing the economies of southern Europe, including Greece and Spain, have brought into sharp relief the budget deficits burdening Western economies such as the UK, the US and Europe, where growth is expected to remain sluggish and interest [...]
Rate hike puts the Aussie on track for strong gains in 2010 April 6, 2010 THE fact that the Reserve Bank of Australia (RBA) hiked interest rates by 25 basis points to 4.25 per cent yesterday will not have come as much of a surprise to currency traders – a move either this month or next was widely anticipated and given that the May meeting falls just days before the [...]
Play the election with sterling-kiwi April 27, 2010 EVERY poll putting the Liberal Democrats on a par with the Conservatives seems to result in sterling sinking a little lower. But with the effect of a hung parliament on the pound difficult to quantify, there are still plenty of foreign exchange traders who think there’s room for sterling to bounce even if we don’t [...]
CHINA COULD PUT LID ON US DOLLAR RALLY April 6, 2010 BORIS SCHLOSSBERG DIRECTOR OF CURRENCY RESEARCH, GFT US DATA continues to surprise to the upside, demonstrating that the country is well on its way to recovery and that it should join China as the second driver of global growth in 2010. Although last Friday’s US non-farm payrolls did not exceed the bullish forecasts of 200,000 [...]
Now there is a new way for traders to play forex markets November 18, 2009 WITH more than $3 trillion traded in the volatile foreign exchange markets every day, private investors have increasingly been angling for a slice of the action. And last week, exchange-traded funds (ETFs) provider ETF Securities launched a new way for individuals to gain exposure to the world’s most liquid market. The ETF-provider has launched Europe’s [...]
Policy mix in Japan not good news for the yen March 16, 2010 SPECULATION has been rife in the markets that the Bank of Japan is mulling new liquidity measures to fight the deflationary pressures that are building in the Japanese economy. And yesterday, Japanese finance minister Naoto Kan added fuel to the speculative fire, saying that the central bank can make an inflationary impact with monetary policy. [...]
The Kiwi can’t keep up this strength for long March 9, 2010 COMMODITY currencies such as the Australian dollar and the New Zealand dollar have been in vogue over the past year as traders look to capitalise on rising commodity prices and take a punt on the global economic recovery. It is no surprise, therefore, that Forex.com has added the US dollar-South African rand to its list [...]
Rate cuts will undermine the South African rand’s health March 9, 2010 COMMODITY currencies such as the Australian dollar and the New Zealand dollar have been in vogue over the past year as traders look to capitalise on rising commodity prices and take a punt on the global economic recovery. It is no surprise, therefore, that Forex.com has added the US dollar-South African rand to its list [...]
Strong Bunzl results down to swine flu February 22, 2010 Distribution firm Bunzl reported better-than-expected full year profits as panic over swine flu sent sales of sanitary equipment soaring. Its profit of £258m was well ahead of analyst consensus of around £237m. It was boosted by a rise in sales of hospital gowns and cleaning equipment as the anti-swine flu message hit home. This was [...]