something interesting

<  BACK TO Company News

LeapRate Interviews Our CEO

LeapRate caught up with the CEO of NZ based Forex broker FXPIG Kevin Murcko, discussing the industry from his point of view and how he runs his brokerage, which you can read all about in the following Q and A.

Kevin is one of the most transparent CEO’s in the Forex Industry you will ever come across and has been doing his part to level the playing field for all traders, regardless of their experience or account size via his unique FXPIG brand which entered the market in 2010.

Since then he has been at the forefront of promoting straight through processing technologies, always trying to better the trading environment he offers to his clients with key partnerships and a focus on constant innovation.

Hi Kevin, can you talk about the history of FXPIG, how it was founded and how you became interested in FX?

Hello, first off, thanks for the invite and the ability to spread some of our self-proclaimed awesomeness on the un-expecting masses… Secondly, how many pages do I have to answer this question, which I may add is one of my favorites to answer? Out of respect for your readers, I will TRY and keep it short.

In 2009, after trading in the market for over 9 years, I came to the realization that optimal trading conditions were simply not being offered to the retail market, in fact, they seemed to simply not exist. Almost every broker was selling the same tech wrapped in a different package, and no one was actually offering tech that enhanced their client’s ability to make better use of the liquidity available to them and to maintain their own profitability. I was out right tired of getting the same response to my questions and I KNEW that there was more to this market than the canned responses I seemed to receive from any and everybody I sought some information from.

So… like all other wide-eyed and ambitious problem solvers before me, I took it upon myself to change the market from the inside out. Of course, before I could do that I needed a name (more on that later). MOST people will find a name that suits their business and then, if one exists, use the associated acronym to market their new company. I have been known to do things my own way, sometimes to my own detriment, so I actually found the acronym before I created the company name. Yeah, I CHOOSE the PIG acronym.

No, I was not forced, no I was not on medication, and no I was not paid by a competitor to sabotage my company from the get go. I actually sat down to try and find a word I could mold a company name around that lent itself to a unique and memorable brand. Before I answer your other question before completely answering this one… let me move on.

I fell into FX by mistake in 1999. I have always been interested in new tech and new ideas for generating income. In 1999 the .com bubble was essentially at its height and I was scouring the net for opportunities. I stumbled onto some investment website that was pushing a forex traded fund. Being me I thought, “If this guy can trade currencies, so can I”… Obviously, that led to a lot of demo trading, a lot of reading, a lot of losses, and eventually some ‘grown up’ realizations and a handful of years later… FXPIG (officially incorporated as Premier Interchange Gateway LP).

Can you describe the clever name FXPIG, how often to people ask you about the peculiarities of the brokerage name?

How often? Never… sorry, that was my feeble attempt to be ‘political’. We do get a fair share of questions about the name, mostly from clients that have become enamored with the brand and bring it up off the cuff. However, we do get the occasional comment on how our name is not suitable, or how our business is doomed because the name of the company is essentially the most important aspect of the brand.

Look, having been in this industry for over 16 years I can assure you that 99% of its participants take it way too seriously and they focus way too much time on creating some cloud of complexity around their company in an effort to veil their use of the same antiquated and broken systems. Marketing and brand awareness is a creature of its own. People tend to remember brands that are unique.

How has the industry evolved since you got into the brokerage end of the business?

Not enough. Regulation has and continues to be a blockade for growth and profitability as the industry continues to employ regulators that have no practical industry experience. Banking within our business has become nearly impossible, compliance fees have skyrocketed, and as a result, fees to move money have as well. The push to tighter spreads has caused banks to reduce liquidity top of book and have hurt the overall execution quality market wide.

However, in my opinion, the real factor that needs to change is this; there is a far too little focus on technology that enables traders to take advantage of the market. Year by year banks have lowered their risk appetites and gone from actual trading desks too automated algos that make it much more difficult for traders to maintain profitability. I could go on here for quite some length, and I would love to, but I think it may get a bit annoying and perhaps it may even resemble a bit of a conspiracy theory, however, I will sum up my point here;

A few new ‘keywords’ have emerged in the last few years in regards to risk in FX and how banks classify that risk, words like ‘toxic’ or ‘toxicity’, especially after we saw a string of E.A.s looking to trade off of illiquid spread spikes, the so-called ‘tick scalpers’. This re-opened, or opened for the first time for some traders, the idea that banks will adjust their pricing or reject orders in order to not be beaten by these type of systems.

Another keyword, one not so well known is ‘decay.' Decay is essentially what makes a trade toxic. If a trade goes into profit to quickly, regardless if it is closed or not, as you need to remember banks are either sell or buy side participants, they don’t necessarily care if on the other side you make or lose money, it means the level of decay is high.

Essentially the bank on the other side of the trade needs time to offset that trade with another player in the market, make the spread and gain some additional commission, and when the decay is low they can do that relatively easily. BUT if your trades are in the green in under say 3 to 5 seconds, even if you hold them for minutes, for hours, or for weeks… no one wants your business.

My point? Banks do a TON of research and analyze aspects of your trading you NEVER thought of, and when you try and best them, at the game THEY invented… you better be prepared… and unfortunately, NO broker in this industry helps you prepare for the absolute most DIFFICULT part of trading. Why do you ask? Well, simple… most of their clients lose and they are fine with that.

We see FXPIG has redesigned its website, started a FXPIG MasterCard program for traders and consolidated platforms, what other recent developments have taken place?

Most brokers say that traders are behind their company and that they know what it’s like to be a trader… kind of like when a car salesman says he has the same car you are interested in and it’s the best and most reliable car he has ever owned… but here at FXPIG we don’t just make empty promises we live to fulfill them and we prove it daily with our commitment to our clients.

Aside from core trade tech we recently reintroduced cTrader to our client base. We initially soft-launched it in 2014 but we were not happy with the reception at that time and we felt the product needed more time to mature… and it has.

As you mentioned the website has been completely redone and our client portal is being upgraded daily as we add new feature sets, new deposit and withdrawal options, and further enhance the overall experience. There are a LOT of things in the pipeline in regards to the portal and it’s all very exciting, things that no other broker has really attempted, and things I know ALL traders will be overjoyed to see.

Do you have an active partner network?  

We do have a few larger Introducing Broker relationships, but unlike most brokers, we have been quite selective as to who we choose to do business with. This does not mean we do not have smaller IBs, we do, but we like to vet ALL partners to ensure that the entire chain is held up to a higher set of expectations than the competition.

What are the plans for the future, any plans for expansion?

Of course. We are constantly expanding on several levels; first and foremost, on the technology side. We employ our own trade tech team and development never stops. We also continue to build out our MyFXPIG portal, adding new feature sets, expanding functionality, etc. All this as we look to expand our footprint in the near future, opening some other offices and exploring different regulatory options.

Where are your most active client bases, are you at liberty to discuss broker client numbers, volume metrics, etc.?

We are not the biggest, nor are we the smallest, but we are unique in one VERY specific way… the majority of our clients actually MAKE money month on month, year on year. Most of our clients come from Europe, Asia, and the Asia-Pacific Region. Most of our volume comes from European-based traders, however, this can and most likely will change over time. Those volumes, which fluctuate month to month, as we have clients that are seasonal and some who tend to trade more during volatile markets, have and continue to grow quarter after quarter.

Anything else you want traders or partners to know about FXPIG?

Bigger does not mean better. We have been here going on 6 years we truly are unique, and while other brokers may claim to offer their clients the same level of dedication we do, they don’t. I used to be a bit timid about telling it like it is, but honestly, with so much BS floating around this industry I think it’s refreshing to hear some straight forward talk… even if it is delivered by a bunch of PIGS…

 

Source: leaprate.com

LeapRate caught up with the CEO of NZ based Forex broker FXPIG Kevin Murcko, discussing the industry from his point of view and how he runs his brokerage, which you can read all about in the following Q and A.

Kevin is one of the most transparent CEO’s in the Forex Industry you will ever come across and has been doing his part to level the playing field for all traders, regardless of their experience or account size via his unique FXPIG brand which entered the market in 2010.

Since then he has been at the forefront of promoting straight through processing technologies, always trying to better the trading environment he offers to his clients with key partnerships and a focus on constant innovation.

Hi Kevin, can you talk about the history of FXPIG, how it was founded and how you became interested in FX?

Hello, first off, thanks for the invite and the ability to spread some of our self-proclaimed awesomeness on the un-expecting masses… Secondly, how many pages do I have to answer this question, which I may add is one of my favorites to answer? Out of respect for your readers, I will TRY and keep it short.

In 2009, after trading in the market for over 9 years, I came to the realization that optimal trading conditions were simply not being offered to the retail market, in fact, they seemed to simply not exist. Almost every broker was selling the same tech wrapped in a different package, and no one was actually offering tech that enhanced their client’s ability to make better use of the liquidity available to them and to maintain their own profitability. I was out right tired of getting the same response to my questions and I KNEW that there was more to this market than the canned responses I seemed to receive from any and everybody I sought some information from.

So… like all other wide-eyed and ambitious problem solvers before me, I took it upon myself to change the market from the inside out. Of course, before I could do that I needed a name (more on that later). MOST people will find a name that suits their business and then, if one exists, use the associated acronym to market their new company. I have been known to do things my own way, sometimes to my own detriment, so I actually found the acronym before I created the company name. Yeah, I CHOOSE the PIG acronym.

No, I was not forced, no I was not on medication, and no I was not paid by a competitor to sabotage my company from the get go. I actually sat down to try and find a word I could mold a company name around that lent itself to a unique and memorable brand. Before I answer your other question before completely answering this one… let me move on.

I fell into FX by mistake in 1999. I have always been interested in new tech and new ideas for generating income. In 1999 the .com bubble was essentially at its height and I was scouring the net for opportunities. I stumbled onto some investment website that was pushing a forex traded fund. Being me I thought, “If this guy can trade currencies, so can I”… Obviously, that led to a lot of demo trading, a lot of reading, a lot of losses, and eventually some ‘grown up’ realizations and a handful of years later… FXPIG (officially incorporated as Premier Interchange Gateway LP).

Can you describe the clever name FXPIG, how often to people ask you about the peculiarities of the brokerage name?

How often? Never… sorry, that was my feeble attempt to be ‘political’. We do get a fair share of questions about the name, mostly from clients that have become enamored with the brand and bring it up off the cuff. However, we do get the occasional comment on how our name is not suitable, or how our business is doomed because the name of the company is essentially the most important aspect of the brand.

Look, having been in this industry for over 16 years I can assure you that 99% of its participants take it way too seriously and they focus way too much time on creating some cloud of complexity around their company in an effort to veil their use of the same antiquated and broken systems. Marketing and brand awareness is a creature of its own. People tend to remember brands that are unique.

How has the industry evolved since you got into the brokerage end of the business?

Not enough. Regulation has and continues to be a blockade for growth and profitability as the industry continues to employ regulators that have no practical industry experience. Banking within our business has become nearly impossible, compliance fees have skyrocketed, and as a result, fees to move money have as well. The push to tighter spreads has caused banks to reduce liquidity top of book and have hurt the overall execution quality market wide.

However, in my opinion, the real factor that needs to change is this; there is a far too little focus on technology that enables traders to take advantage of the market. Year by year banks have lowered their risk appetites and gone from actual trading desks too automated algos that make it much more difficult for traders to maintain profitability. I could go on here for quite some length, and I would love to, but I think it may get a bit annoying and perhaps it may even resemble a bit of a conspiracy theory, however, I will sum up my point here;

A few new ‘keywords’ have emerged in the last few years in regards to risk in FX and how banks classify that risk, words like ‘toxic’ or ‘toxicity’, especially after we saw a string of E.A.s looking to trade off of illiquid spread spikes, the so-called ‘tick scalpers’. This re-opened, or opened for the first time for some traders, the idea that banks will adjust their pricing or reject orders in order to not be beaten by these type of systems.

Another keyword, one not so well known is ‘decay.' Decay is essentially what makes a trade toxic. If a trade goes into profit to quickly, regardless if it is closed or not, as you need to remember banks are either sell or buy side participants, they don’t necessarily care if on the other side you make or lose money, it means the level of decay is high.

Essentially the bank on the other side of the trade needs time to offset that trade with another player in the market, make the spread and gain some additional commission, and when the decay is low they can do that relatively easily. BUT if your trades are in the green in under say 3 to 5 seconds, even if you hold them for minutes, for hours, or for weeks… no one wants your business.

My point? Banks do a TON of research and analyze aspects of your trading you NEVER thought of, and when you try and best them, at the game THEY invented… you better be prepared… and unfortunately, NO broker in this industry helps you prepare for the absolute most DIFFICULT part of trading. Why do you ask? Well, simple… most of their clients lose and they are fine with that.

We see FXPIG has redesigned its website, started a FXPIG MasterCard program for traders and consolidated platforms, what other recent developments have taken place?

Most brokers say that traders are behind their company and that they know what it’s like to be a trader… kind of like when a car salesman says he has the same car you are interested in and it’s the best and most reliable car he has ever owned… but here at FXPIG we don’t just make empty promises we live to fulfill them and we prove it daily with our commitment to our clients.

Aside from core trade tech we recently reintroduced cTrader to our client base. We initially soft-launched it in 2014 but we were not happy with the reception at that time and we felt the product needed more time to mature… and it has.

As you mentioned the website has been completely redone and our client portal is being upgraded daily as we add new feature sets, new deposit and withdrawal options, and further enhance the overall experience. There are a LOT of things in the pipeline in regards to the portal and it’s all very exciting, things that no other broker has really attempted, and things I know ALL traders will be overjoyed to see.

Do you have an active partner network?  

We do have a few larger Introducing Broker relationships, but unlike most brokers, we have been quite selective as to who we choose to do business with. This does not mean we do not have smaller IBs, we do, but we like to vet ALL partners to ensure that the entire chain is held up to a higher set of expectations than the competition.

What are the plans for the future, any plans for expansion?

Of course. We are constantly expanding on several levels; first and foremost, on the technology side. We employ our own trade tech team and development never stops. We also continue to build out our MyFXPIG portal, adding new feature sets, expanding functionality, etc. All this as we look to expand our footprint in the near future, opening some other offices and exploring different regulatory options.

Where are your most active client bases, are you at liberty to discuss broker client numbers, volume metrics, etc.?

We are not the biggest, nor are we the smallest, but we are unique in one VERY specific way… the majority of our clients actually MAKE money month on month, year on year. Most of our clients come from Europe, Asia, and the Asia-Pacific Region. Most of our volume comes from European-based traders, however, this can and most likely will change over time. Those volumes, which fluctuate month to month, as we have clients that are seasonal and some who tend to trade more during volatile markets, have and continue to grow quarter after quarter.

Anything else you want traders or partners to know about FXPIG?

Bigger does not mean better. We have been here going on 6 years we truly are unique, and while other brokers may claim to offer their clients the same level of dedication we do, they don’t. I used to be a bit timid about telling it like it is, but honestly, with so much BS floating around this industry I think it’s refreshing to hear some straight forward talk… even if it is delivered by a bunch of PIGS…

 

Source: leaprate.com

lastest Articles

Market Analysis
Forex Week Ahead – Economic Reopening Continues
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Stocks' strength, dollar downing face Non-Farm Payrolls test as Trump endorses masks
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE's Haskel: Activity appears to be coming back faster than anticipated
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
GBP Bank Account
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold shines, markets look for direction after a successful Q2, ahead of busy start to Q3
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold eases below $1770 level, downside seems limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Europe fights coronavirus and stuns the dollar
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Markets attempt to shrug off grim coronavirus developments
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Jitters Continue into Busy Week
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index clings to gains near 97.50 ahead of data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Lagarde: Economic recovery will be a complicated matter
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold sticks to the positive outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Focus now shifted to 1.1170
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates, gold shines as coronavirus rages in the US, triple data release eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Rising bets for a test of 1.1400 and beyond
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD recedes from tops above 1.1300
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Falling US Real Yields fuels bull trend towards new highs at $1921 – Credit Suisse
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk rides the Navarro rollercoaster, Eurozone/ UK PMIs, virus stats in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE is seen increasing further the size of QE – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk-recovery back in play, US dollar recedes with second-wave virus fears
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Markets play tug-of-war with Covid-19 concerns and reopening momentum
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus, weak data outweigh reopening optimism, BOE, jobless claims eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's de Guindos: Better if EU aid is distributed via grants rather than loans
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD slumps toward $1,710 on improving risk sentiment
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar up as health, geopolitics replace consumer optimism, Powell, COVID-19 data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold clings to modest daily gains, around $1730 area
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Double stimulus talk downs dollar ahead of Powell's power-play, US retail sales
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus concerns trigger dollar domination, commodity currencies climb down
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Market Recovery Under Threat?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Houston, we have a problem, US coronavirus, Fed gloom, crash markets, consumers eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Obsessed
Killing Hope ( Before it Kills You )
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Fails at Resistance as Federal Reserve Expands Lending Program
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Can the dollar lick its wounds? Fed speculation, geopolitics, and data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Brexit, coronavirus and protests to pressure the pound
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: The beginning of the end, $1600 by Q3
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar looking for a new direction after the excellent Non-Farm Payrolls, Lagarde eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – The Recovery Continues
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: 1.1333 initial target reached, aims 1.1495 March peak – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Cautiously positive
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk-on mood continues downing the dollar and yen, will Non-Farm Payrolls change that?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: ECB leaves key rates unchanged, expands PEPP by €600 billion
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB press conference: Lagarde speech live stream – June 4
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar struggles to recover as US protests calm, data beats, all eyes on ECB stimulus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Room for further gains, albeit with a temporary retreat
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD drops back to $1720 amid risk-on rally in equities
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US unrest? Stocks remain restless, extend surge, dollar dives to new lows, top NFP hints eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD finds resistance near $1,745, drops toward $1,730
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Russian oil output falls to 9.39 million bpd in May, close to OPEC+ goal – Interfax
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Brexit breakthrough and US demonstrations over George Floyd death to boost the pound
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Sino-US Tensions Come to the Fore
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Look neutral near-term
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Only a correction? Dollar trying to lick its wounds amid Sino-American tensions
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
Archiving Inactive Accounts & Server Boost
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Trump urges states to open ‘ASAP’ as Dow surges
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Battle lines well-defined, can it break higher?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine, Opening optimism overwhelms dollar, Sino-American tensions ignored (for now)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: At risk of extending its slide
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Russia to temporarily ban oil product imports – Interfax
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar in demand amid high Sino-American tensions, thin liquidity expected
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Reopening Momentum and China in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOE’s Ramsden: It is reasonable to have an open mind on negative rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOMC minutes: Ready to pump in extra stimulus – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil prices tumble alongside global equities amid fears about China turbulence
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
PBoC keeps extra easing on the table – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index Price Analysis: Door open to further retracements
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Forecast: XAU/USD Rally Loses Steam
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Crude Oil Stocks Change at -5 million barrels in week ending May 15
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Investors continue buying the yellow metal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar decline resumes after breather due to vaccine doubts, Fed remains in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Powell speech: Continuing to look at ways to accommodate additional borrowers
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Reasons for the US dollar weakness
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Needs to recapture $1,747 to resume rally
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
After two months, regulators remove short-selling bans
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: The downside is more appealing than the upside
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Play down Powell and risk-on, markets also ignore Sino-American tensions, gold shines
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – More Easing on the Way
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
UK: Major downgrade to the GDP forecast – ABN Amro
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
RBNZ: Rates on hold, QE expanded – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates after Powell's push back, darkening global clouds, ahead of claims
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EIA: US Crude Oil Stocks Change at -0.7 million barrels in week ending May 8
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: FOMC Chairman Powell says additional policy measures may be needed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Latest: EUR/USD Could Break Lower, Powell Speech in Focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil storage crisis fading on global production cuts and recovering demand
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Fed's Bullard: Cannot continue economic shutdown for too long
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Sustains the bounce above $1700 ahead of US CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold trades with modest gains, just above $1700 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar in Favour vs EUR/USD & GBP/USD, CHF Bulls Rise - COT Report
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Markets shrug off horrible US jobs data, Bitcoin tumbles ahead of halving, lockdowns eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Reopening economies appear to be the only trade in town
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold retreats from daily highs, steadies above $1,710
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil: A drop in value does not mean it is a bargain
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
NFP: The worst report is the best for the US dollar
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Australia heads for worst GDP contraction since at least 1960
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold rallies to fresh highs for the month as US dollar and US yields sink
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Fed's Kashkari: True unemployment rate is around 23-24%
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index Price Analysis: Increasing bets for a retest of 101.00
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Gains remain on the table near-term
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Trump stokes tensions with China, euro licking its wounds, ADP Non-Farm Payrolls eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week ahead – Stimulus trade losing momentum?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: EUR/USD breaks above 1.10 on dollar weakness, levels to watch
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613