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