Six events to watch in the week ahead

Six events to watch in the week ahead

It will be interesting to monitor that dynamic and this data set is a good spot to watch. Two-thirds of eurozone exports are within the region so a soft currency might not be the type of immediate boost seen elsewhere. Then again, if it's strong it …

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75% of InteractiveBrokers' Franc Losses from FX Futures, Not Spot FX

Futures, not spot forex was the big culprit – One of the surprising reveals from InteractiveBrokers' CEO Thomas Peterffy, was that of the $ 120 million in negative balance losses, 75% of it was attributed to forex futures, specifically EUR/CHF futures …

Read more on Forex Magnates

Sri Lankan rupee ends steady; central bank says cuts FX intervention

Mahendran said on Tuesday central bank intervention was necessary to maintain the rupee's stability since the currency was thinly traded. The spot currency was steady at 132.90/133.20 for a ninth straight session, well within the limits set by the …

Read more on Business Recorder (press release) (blog)

EUR/USD Still Buoyed By Lower Bollinger Band

Bullish positions at SWFX are accounting for 48% in the morning on Wednesday, down one percent from yesterday. Additionally, SWFX pending orders to buy the Euro against the US Dollar in 100-pip range from the spot are in the minority and account for …

Read more on Action Forex

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