EU Referendum Draws Closer

June 9, 2016

Dear Traders,

The United Kingdom European Union membership referendum, or, the EU Referendum, which will ask voters to choose whether or not the United Kingdom should remain in the European Union, is scheduled to take place on June 23, 2016.

As you may have already observed, the Brexit debate of the recent months has caused significant market volatility, with sharp currency movements and the GBP at times falling, at others rallying against other currencies. As June 23 nears and uncertainty escalates, the volatility affecting GBP pairs in particular, and the currency market in general, heightens.

As well as expecting increased volatility during June, you are encouraged to keep an eye on daily developments and monitor your trades closely. Other steps you can take to make the most of currency movements are:

• Making sure you have enough margin and free equity in your account as spreads may widen considerably and there could be a rise in margin requirements;
• Anticipating not only the referendum result but also the market’s reaction to it;
• Reading daily market analysis and the latest on market movements.

The FxPro daily market outlooks by our Chief Economist, Simon Smith, can be found here.

Publication source
FxPro information  FxPro reviews

December 7, 2016
One Million Forex World Championship - Round 7 Has Started
With only 6 more rounds left until the finish, XM One Million Dollar Forex World Championship has just reached its halfway point with more than 50,000 contestants having joined in since June. Round 7 has already started, offering traders the chance to join and compete for considerable cash prizes...
December 6, 2016
RBA cash rate
The Reserve Bank of Australia is due to announce its rate decision. Short-term interest rates affect the currency valuation. Traders will use this event to predict how exchange rate will change in the future...
December 6, 2016
Exness to roll out unique offers and activities this New Year
Time to gear up for year-end celebrations and unique forex offers this December! Wrapping up 2016, it is an honor for us to be celebrating another year of achievements and milestones with you, our esteemed partners and clients...

HotForex Rating
FOREX.com Rating
FIBO Group Rating
OctaFX Rating
FXCM Rating
FBS Rating

Binary Brokerz Rating
IQ Option Rating
Beeoptions Rating
Banc De Binary Rating
OptionsXO Rating
365BinaryOption Rating