Category Archives: News

In a subdued trading session as a result of holidays in both U.S. and U.K. markets, the single currency Euro moved higher versus the U.S. Dollar; as reported at 3:13 p.m. Continue reading →

As investors square their holdings in advance of the month’s end, the common currency Euro slipped against the greenback, trimming gains made in yesterday’s trading session. Continue reading →

Following last week’s narrow miss of a 4-year low versus the U.S. Dollar, the common currency Euro saw slight gains in Asian trading today. Continue reading →

The common currency Euro continues to hold close to a 4-year trough versus the U.S. Dollar; it also approaches an 8½-year low against the Japanese Yen on renewed investor worries about the stability and health of the banking sector in the Euro-z… Continue reading →

The high yielding, high risk Aussie extended yesterday’s losses in Asian trading today.
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Carry trade unwinding by investors pushed the Aussie lower in Asian trading today, a continuing consequence of last week’s risk averse tendencies. Continue reading →

Earlier this week, the Euro slipped to a 4-year trough versus the U.S. Dollar on continuing worries that economies in the Euro-zone will have difficulty recovering from fiscal woes. Continue reading →

Profit taking investors sold off their holdings in the common currency Euro, taking advantage of the previous session’s bounce when the Euro traded up off a multi-year low. Continue reading →

Yesterday, German officials announced a plan to prohibit naked short selling of shares in Euro-denominated government bonds and swaps, and some 10 German financial institutions, considered by many to be high-risk transactions. Subsequently, the common … Continue reading →

GTL Trading DMCC has announced its participation in the 6th Middle East Forex Exhibition & Conference, which will be held on the 20th & 21st of May at the Habtoor Grand Hotel – Beirut Lebanon Continue reading →