hamburglar » Mon Jan 19, 2015 8:20 pm wrote:Hey Guys great posting here. Been busy so have not been posting. Today i recieved this message from my broker concerning the Euro. Maybe a heads up for all to be aware! I have sent this to Steve in a PM as well....
"Dear Trader,
After the decision of the Swiss National Bank last Thursday, another important week just started for the financial markets.
The macroeconomic calendar of the week is quite full, with two important events which will dominate the scene. The ECB will celebrate its monthly meeting announcing its interest rates and its monetary policy news on Thursday 22nd. The announcement of a quantitative easing is very likely according to a majority of analysts. That decision could strongly impact the currency’s and stock markets.
On Sunday 25th, only three days later, Greece will elect its new parliament.
Those two events are expected to create huge volatility on the EUR.
With the usual aim of protecting our clients, We are increasing the margin required by 4 times in all EUR pairs as of Tuesday 20th January 19:00 CET."
Jim
Dear Clients,
We would like to draw your attention to the following information:
currency pairs with the Swiss Franc have been made available for trading, however, the highest leverage on these instruments has been decreased to 1:50 in accordance with the extreme tightening of margin requirements by liquidity providers around the world1; please also note that the spreads on these instruments can be wider than normal in the nearest terms following the global stress of the FX market on 15.01.2015 and subsequent reduction of available liquidity on CHF2;
the following currency pairs are made available for trading: EURHKD, EURMXN, EURSGD, EURZAR, GBPCZK, GBPDKK, GBPHKD, GBPHUF, GBPMXN, GBPNOK, GBPPLN, GBPSGD, GBPTRY, GBPZAR, NOKSEK, NZDSGD, USDCNH;
due to some remaining complications with liquidity the following instruments are provided in the 'close only' mode (which means opening new positions is temporarily not available): [SMI20], [HSI50].
Best Regards,
Admiral Markets |
