Retail traders only account for a very small portion of the total turnover on the FX market, which is dominated by government and interbank transactions. All of the activity on the forex market is dependent on one group of people, and it's not the smartly-dressed traders making a noise on the trading floor.
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The iShares Core US Aggregate Bond ETF, the world's biggest exchange-traded fund that tracks the fixed income market, nudged 0.1 per cent higher. In currency markets, the South African rand rose 0.7 per cent against the dollar to hit its strongest level since March as investors continued to cheer Cyril …
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The cost for banks to borrow short-term dollar funds from other banks surged to its highest level since 2012 as financial institutions scrambled to secure funding before thinning trading volumes. The cross currency basis swap “is moving in the U.S. direction as people seek funding to cover them through …
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Corporations benefit from lower tax rates and the US is closer to tax reform … Founded in 2008, ForexLive.com is the premier forex trading news site …
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