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Large Cap4,586 0.13
Med Cap5,502 -0.03
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EEC 35.21
SAGRINSURANCE 33.4 516,186
SABIC 91.57 5,396,919
SECO 19.11 15,293,879
RIBL 17.85 1,018,717
ZAIN.TASI 12.45 40,798,560
ACIG 26.91 454,662

Forex News

Euro pressured ahead of this week's ECB meeting

The euro faced pressure on Tuesday as investors positioned for possible easing steps by the European Central Bank as early as this week, while the dollar edged up on the yen after a U.S. holiday. U.S. markets were closed on Monday for the Martin Luther

Yen, Aussie hold weaker despite solid China GDP data

The Japanese yen held weaker in Asia on Tuesday after China reported better-than-expected figures on GDP, industrial output and retail sales. USD/JPY traded at 118.22, up 0.56%, while AUD/USD changed hands at 0.8198, down 0.16%. China's fourth quarter

ADS Securities head expects forex crisis to be short-lived

While Switzerland’s removal of its currency’s peg to the euro decimated many forex brokers in London and New York, one up and coming cash-rich broker in Abu Dhabi said it does not expect the crisis to last very long. Philippe Ghanem, the managing

Australia dollar weaker as survey shows muted inflation outlook

The Australian dollar fell furtehr on Monday as a survey on inflation showed a benign outlook that implied no changes in current interest rate policy. AUD/USD traded at 0.82812, down 0.20%, while USD/JPY changed hands at 117.06, down 0.35% Australia's

USD/JPY: Japanese Yen Trading Higher This Morning

On Friday, the USD strengthened 1.01% against the JPY and closed at 117.51. In the Asian session, at GMT0400, the pair is trading at 117.07, with the USD trading 0.38% lower from Friday's close. Data just released indicated that Japan's consumer

Currency broker folds amid turmoil

Turmoil caused by Switzerland's shock move to abandon the franc's peg to the euro struck at the heart of the City today as foreign exchange broker Alpari UK went bust. The firm, which employs hundreds of staff around the world and sponsors West Ham

Alpari issues assurance on Dubai unit after collapse of UK business

As market players in the UAE brace for fallout from the Swiss currency turmoil, one forex trader is assuring clients that it is wholly insulated from its UK affiliate’s collapse. On Friday, the Alpari group’s UK business went into insolvency amid what

Forex broker FXCM gets $300M lifeline rom Leucadia after Swiss shock

US forex (foreign-exchange) broker FXCM is getting a $300 million lifeline after being crippled by the impact of a change in Swiss currency policy. The Swiss National Bank shocked global markets Thursday when it announced that it was ditching a policy of

AUD/USD Weekly Outlook

AUD/USD continued to consolidation above 7945/0.8066 key support zone last week and outlook is unchanged. Strong recovery could be seen to 38.2% retracement of 0.8795 to 0.8032 at 0.8323. Break will target 55 days EMA (now at 0.8367). But upside should

FXCM Upgrades Trading Station to Include New Indicators and Charting

Leading multi-asset brokerage firm, FXCM, plans to roll-out a number of new features on its core trading platform that will provide transparency and enhanced trading tools to support investors’ trading decision-making process as part of an upgrade. The

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