EUR Trading Risk Update

1 July, 2015

EUR markets have been shaky this week, but we have yet to experience the kind of turbulence that many expect, given the gravity of the Greek situation. The EUR opened some 160 pips lower on Monday, but quickly retraced to fill that gap and even rose beyond its Friday close.

It would appear that markets are having a hard time pricing-in such unprecedented events. Greece’s missed loan repayment of 1.6 billion to the IMF yesterday. Along with the scheduled referendum on Sunday, ATM runs, capital controls and a banking system on the very brink, lead us to believe that Monday’s gap may have just been the prelude to a much more volatile period for the euro.

As a protection against the uncertainty of these events, we would like to advise you that we may take action to limit the risk of trading EUR pairs as the situation develops. This could include limiting EUR trading to close only, or reducing available leverage to 1:50 before market close this coming Friday. This will increase the required margin for trading EUR pairs to 2%, which will also apply pre-existing positions. We therefore kindly request that you review your positions and ensure that you have sufficient margin to maintain them, factoring-in the possibility of an increase in margin requirements.

We will keep you advised before any changes are made.


Source link  
Profit-taking after big sell-off

There is a demand for profit-taking in the markets after powerful movements at the end of last week and a very aggressive trading start...

Hot August for currency markets

This August seems hot. Not only temperature but also currency market volatility is rising. The period of active vacations, which is accompanied by a decrease in volumes...

Dollar is close to its important levels

The demand for dollar, provoked by the fears of new US sanctions against a number of countries and expanding trade conflict with China push the American currency close...


Trump raises stakes in the trade war

Two opposite trends prevail in the global markets. Strong reporting of companies, including Apple indicators supports the demand in world...

USD grows on high GDP expectations

The single currency is traded near weekly lows against the dollar, getting under pressure after maintaining the soft tone of the ECB during the regular meeting...

Facebook failure obscured optimism

Yesterday the markets enjoyed a rare portion of good news on international trade. Trump and Juncker agreed not to introduce new tariffs for the period of negotiations...


Trump tosses dollar from highs

The dollar remained under pressure after the Trump's criticism about the strengthening of the national currency. Despite doubts that the influence of the president...

Oil hits 3-month lows

On Monday, the dynamics of oil was in the spotlight on a combination of negative factors by both the potential demand and the supply part. Asian markets...

Fed Monetary Policy Report to be released

This report is release twice a year and provides an insight into the conduct of monetary policy and economic developments and prospects for the future for the...


In the past 24 hours Bitcoin has gained 4.34% and reached $6282.88931347. Open your trading account with the best cryptocurrency brokers on special terms today.

In the past 7 days the EUR/USD pair has lost -1.6984% and is now at $1.1407. Start trading and making money on Forex today.

In the past 7 days Ethereum has lost -23.99% and is now at $286.449271529. Have the most popular cryptocurrencies compared online 24/7.


Top Brokers offering Daily Forex Market Reviews


Forex Currencies Forecasts


Top 10 Forex Brokers 2018

# Broker Review
1easyMarketseasyMarkets89%
2FXTMFXTM87%
3HYCMHYCM85%
4FxProFxPro80%
5FIBO GroupFIBO Group78%
6FXCMFXCM73%
7AvaTradeAvaTrade67%
8HotForexHotForex67%
9Alfa-ForexAlfa-Forex66%
10XMXM66%
  


Share: