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Currency Exchange Foreign Forex Trading News

New CFTC Forex Trading Rules Call For 50:1 Leverage

The new leverage rule calling for a minimum 2% deposit on trading major forex currencies off-exchange seems on par with what commercial banks like Citi FX Pro offer their retail forex trading customers now.

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FOREX-Euro rises vs dollar, U.S. jobs report awaited

FOREX-Euro rises vs dollar, U.S. jobs report awaited

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Forex turnover soars

LONDON - THE global economic crisis has driven investors to the forex markets where turnover has soared to a staggering four trillion dollars a day - equal to what Germany produces in a year. Overall, daily global foreign exchange market turnover grew 20 percent to some four trillion dollars (S$5.3 trillion) by April 2010 from 3.3 trillion dollars three years earlier, according to a Bank of ...

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Global crisis drives investors to forex markets

The global economic crisis has driven investors to the forex markets where turnover has soared to a staggering four trillion dollars a day -- equal to what Germany produces in a year.

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Morning business news - September 2

FOREX TRADING HITS $4 TRILLION A DAY - The volume of currency trading the world now sees every day is worth $4 trillion. That is according to figures this week from the Bank of International Settlements, the central bankers' central bank.

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