Some of the trades, or rather possible trades,discussed on Sunday did not get updated in the last post. The new CFTC rules governing Forex trading in USA were published, so I decided to devote a post to that. In a nutshell, starting October 18, maximum leverage on the major Dollar pairs will be 50:1 and [...]

Federal futures regulators finalized new rules for the retail foreign exchange market late Monday, but they backed away from their original proposal to place strict limits on the amount of borrowed funds retail foreign exchange investors can use. The rules, posted after business hours on the Commodity Futures Trading Commission’s website, create a new regulatory [...]

Last week in Forex trading ended with corrections to prevailing trends. High flying currencies, namely the Japanese Yen and the Swiss Franc, weakened considerably during last hours of trading. That was in response to the speech by Bernanke during the FED annual symposium in Jackson Hole, Wyoming. He outlined likely additional steps to be taken [...]