This is an old April fool post from our blog (discontinued):
While all the progressive Forex trading community was trying to guesstimate the date of the next interest rate increase by the Fed, the FOMC Chairwoman acted in unexpected manner. Yesterday, in her late night speech, Janet Yellen has...
I was looking at this
http://www.myfxbook.com/forex-broker-swaps
Why are swap rates among brokers so vastly different?
I.e.
For Long EURUSD:
High is like -3.70 pips (InstaForex)
Low is like -0.06 pips (Oanda)
There are also some brokers that pay you interest instead.
Does that make one broker...
The euro fell against the dollar on speculation the European Central Bank will announce non-standard measures to stimulate the economy following an interest-rate decision today.
The 16-nation currency also declined versus the Canadian dollar and the pound. The yen slid versus the dollar and...
The Australian dollar rebounded against the greenback after the central bank lowered interest rates by 0.25 percentage point to 3 percent, a smaller reduction than traders anticipated. New Zealand’s currency slipped.
Governor Glenn Stevens trimmed borrowing costs to a 49-year low, extending...
The euro fell against the dollar on speculation European Central Bank President Jean-Claude Trichet will lower interest rates today and signal further cuts are needed to curb the deepening recession.
The euro also headed for a fourth weekly loss versus the greenback before a statistics office...
The dollar and the yen weakened after Australia’s central bank unexpectedly halted its most aggressive round of interest-rate cuts, boosting demand for higher-yielding assets.
The U.S. and Japanese currencies also snapped two days of gains versus the euro as Asian shares pared losses and U.S...
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