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SABIC 93.2 4,261,475
EEC 38.7 59,757,431
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SECO 19.28 3,416,671
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Forex News

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

FOREX-Yen benefits from volatility, euro at 9-yr lows vs dlr

The dollar neared one-month lows against the yen early on Wednesday as U.S. yields continued to shrink, but it scaled a nine-year peak on the euro as bolder stimulus from the European Central Bank seemed imminent. The benchmark U.S. 10-year yield hit

Forex - Australian dollar stronger after surprise jump in new jobs

The Australian dollar gained on solid jobs data released Thursday that saw a spike in new employment and a downtick in the overall employment rate. Statistics Australia said 37,400 jobs were created in December, compared to 3,800 expected, while

The Currency Exchange selects Quantifi

Quantifi, a specialist provider of analytics, trading and Risk Management solutions, today announced that The Currency Exchange (TCX) has selected Quantifi for pricing and risk management of Counterparty Credit Risk in emerging market currency and

USD stable against KD at 0.292

The exchange of the US Dollar against the Kuwaiti dinar (KD) was stable on Wednesday trading at KD 0.292, while the Euro dropped to KD 0.346 compared to Monday's exchange rates, said the daily bulletin of the Central Bank of Kuwait (CBK). The Sterling

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