There is little doubt that the Australian Dollar has become one of the most popular currencies to trade. In recent data release, the Bank of England revealed that transactions involving the Australian Dollar increased sharply recently. In October 2011 it had a 4.75% market share of the London FX market, swelling from 3.45% just few [...]

In spite of their historical volatility, the GBP-NZD and the GBP-AUD do not get much coverage in the mainstream media. Probably the single biggest reason is wide spreads, which can be as large as 20-30 pips. However, during the past few years, they narrowed down significantly and during the busiest trading hours, we can routinely [...]

The Eurozone meeting in Brussels during last two days created some surprises. The officials signed off on funds to underwrite the EUR 206 billion debt swap of the Greek bonds held by private investors. This is positive. However, on the negative note, Eurozone members have delayed approval of more than half of the EUR 130 billion [...]