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Dollar/yen is down to ¥102.30 after starting the year above ¥105.
South Africa’s rand at a 5-1/2 year low
The Turkish lira tumbled 1.6% to a record low of 2.3360 per dollar
The ¥103 level looks like a strong resistance –
Deutsche Bank, JP Morgan and Morgan Stanley will support FX derivatives clearing for buyside from launch
Read the latest forex daily report
The most important is the long term trend, closely followed by the recent price action and picking your entry. Don’t let trading consume you. You can lose just as much money by trying too […]
The less than hawkish FOMC report send the pair below the 116 level hitting the lows at 115.57 crushing all supports. The technical picture is deteriorating for USDJPY and have already lost 200 pips […]
Ice Swap Trade will trade credit derivatives linked to North American and European companies and countries
