Forex News
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22 May 2013
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NBG-Eurobank Merger Suspended A finance ministry official of Greece has announced the plan of the National Bank to absorb Eurobank (EFGr.AT) to form the biggest banking group of the country will be suspended until both are recapitalized, and a state bank support fund will decide if they should merge.
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15 May 2013
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Slovenia Borrowing Costs Rise At a Treasury bill auction, Slovenia raised far less funding than planned and at higher costs Organization for Economic Co-operation and Development (OECD) said the country may have "significantly" misread the cost of fixing its troubled banks.
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09 May 2013
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Luxembourg Not Certain On Bank Data Exchange Deal The finance minister of Luxembourg has remarked the country is considering ending its bank secrecy rules by automatically handing over details of bank account holders to other European Union states.
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03 May 2013
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Japan Stimulus Will Revive Growth Bank of Japan's huge monetary stimulus brought cheers to Asian policymakers but some believed the impact on global money flows and currencies might prove to be a necessary side-effect to get the number 2 economy of the region growing.
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23 April 2013
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Heavy Losses For Major Bank Customers Detailed By Cyprus The Central Bank of Cyprus has confirmed that major depositors in Cyprus's biggest bank will lose around 60 percent of savings over 100,000 euros, sharpening the terms of a bailout that has shaken European banks but saved the island from bankruptcy.
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16 April 2013
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Bank Supervision Quality Utmost, Says ECB Policymaker European Central Bank policymaker Ewald Nowotny said the quality of a new banking supervisory mechanism for Europe is more important than how soon it starts work.
"I think it is not so important when this system becomes effective - it is important that it becomes a very well-functioning system. This is a field where you are not allowed to make any mistakes," Nowotny said during a speech.
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10 April 2013
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France Expects Banks To Be Core Euronext Investors Banks and insurers in France have been approached by the government to form a consortium to buy at least 34 percent of the Euronext stock exchange, which is due to be spun off in public offering. However, banks are resisting the entreaties of the French government, according to sources.
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01 April 2013
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Advanced Account Statistics Introduced By Hotforex HotForex is pleased to announce its latest addition to the MyHotForex family of advanced trading features, Account Statistics.
This is a unique feature that has been developed by HotForex, exclusively for HotForex clients.
From Hotforex.com:
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05 March 2013
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Liquid Markets Introduces cTrader ECN Trading Platform Liquid Markets has announced the launch of its ECN forex platform, cTrader. The innovative trading platform provided via Spotware Systems has been implemented in order for offering the fast-growing client base of the Forex broker with lightning fast execution.
The cTrader platform provides direct access to the FX trading markets, guaranteeing no dealing desk execution and highly competitive...
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20 February 2013
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Binary Options Trading App For Android Smartphones Launched By Optionrally OptionRally has recently announced the the all-new Android trading app being available for immediate download. The mobile users of OptionRally can now enjoy its advanced trading application on the go, with easier accessibility that has the same comprehensive functionality of its web-based counterpart.
This allows users to trade on the fly without having to compromise power, function,...
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15 February 2013
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Venture Technology Solution for Binary Options introduced by MarketsPulse A venture technology solution that makes running a binary options operation simple, affordable, and efficient has been introduced by MarketsPulse, the leading binary options enterprise solution provider.
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01 February 2013
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New Delta Hedging Version Launched By MarketsPulse MarketsPulse, the leading binary options enterprise solution provider, has announced a complete suite of technology and services for clients to help clients reduce risk.
MarketsPulse, with this introduction, has added exclusive risk management tools that allow clients to measure and mitigate risk in the most profitable manner possible.
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25 January 2013
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Yen Bounces Off Two And A Half-Year Low On Monday, the yen plunged into a fresh 2-1/2 year low against the dollar before quickly bouncing back as traders nervously braced for a Bank of Japan meeting that could see the central bank commit to an aggressive reflationary policy.
The dollar rose to as high as 90.25 yen in early trade, edging past the previous high around 90.21 set Friday.
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19 January 2013
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eToro Awarded Best Social Media Trading Product eToro, the world’s leading investment network, recently announced that it was awarded Best Social Media Trading product by MSM Media for eToro OpenBook™.
eToro OpenBook™ allows users to tap into the wisdom of the crowds to, share and even automatically copy in real-time the trading actions of any trader on the network to build a people-based portfolio.
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15 January 2013
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ForexYard Offering Spreads As Low As 1.2 Pips – part 2 Competitive floating spreads for active traders starting as low as 1.2 pips have been introduced by ForexYard, a reputed name in the segments of a wide variety of tradable currencies, commodities, indices, and CFD stocks.
The new system is available on all ForexYard trading platforms giving clients superior execution.
From ForexYard.com:
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10 January 2013
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No Commission Trading On Alpari MT5 ECN Accounts Alpari (UK) will continue to offer no-commission trading on the MetaTrader 5 (MT5) ECN account in 2013 to its clients.
The extension of no-commission trading will help clients benefit from the new, feature-rich MT5 trading platform for longer without having to pay commission charges.
From Alpari.co.uk:
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27 December 2012
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Asian Shares And Euro Steady On Tuesday, Asian shares and the single currency steadied after drawing support from expectations that the U.S. Federal Reserve will be taking fresh economic stimulus measures this week.
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20 December 2012
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Vantage FX Wins three Awards Vantage FX, Australian-based leading global Forex provider, has been recognized in two major FX industry awards ceremonies - claiming three awards across the 2012 International Business Times (IBTimes) Trading Awards and the 2012 The DealMakers Annual Banking Awards.
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17 December 2012
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MetaTrader 5 for Live Trading released Vantage FX has announced the launch of MetaTrader 5 (MT5) platform for live trading to become the first and only Australian regulated financial services firm to provide completely new MT5 trading software in the live trading environment.
The Vantage FX MT5 platform is available for download, with a free 30-day demo trial also available.
From Vantagefx.com:
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14 December 2012
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China Surprises With Weak Exports In November, the exports growth of China slowed sharply to a much lower than expected 2.9 percent to underscore the global headwinds dragging on an economy showing otherwise solid signs of a pick up in domestic activity.
Forex Blog
- Dollar And Stocks Rally On Strong U.S. On May 3, the U.S. dollar climbed more than 1.0 percent against the yen and global equity markets surged, boosted by a U.S. labor report showing stronger-than-expected jobs growth in April. Read More >
- New Law Passed By Greece To Spur The Greek parliament has approved a legislation to boost private investment, a key condition to get the crisis-struck country out of its worst-ever peacetime recession. Read More >
- Five-Year Plan Outlined By Sherbank To The largest bank of Russia has outlined a plan to investors under which the bank, Sberbank, is planning to enhance efficiency while sustaining profits over a period of five years, according to a... Read More >
- Winning Streak Of Dow Ends On Friday, Wall Street stocks fell as a drop in JPMorgan Chase led to the end of the 10-day rally of Dow Jones industrial average while the United States dollar retreated from a high of seven months... Read More >
- European Shares Dip On Italy Concerns On Monday, European shares edged away from 4 ½ -year highs as weak economic data from China and concerns about Italy undermined the optimism that was generated by the strong U.S. jobs numbers last... Read More >
- Asian Shares On A Steady Pace On Monday, Asian shares and the euro were steady but trading remained subdued with some Asian markets, including Australia and Hong Kong, and Europe still closed for Easter holidays. Asian shares on... Read More >
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