• Swissquote UUIIFXBR

    The S&P lowered the Russian credit rating to junk with negative outlook as the sliding oil prices and tensions in Ukraine are serious threat to country’s financial and political stability. USDRUB tests 70 offers. Should the sell-off gains momentum above 70, we expect the CBR to intervene to temper the ruble depreciation. The CBR meets on January 30th and is expected to

    Analysis and Opinion » The next stage in Japan
    Fx Pro - December 15, 2014, 09:15 GMT

    The Japanese election results were always about the extent of Abe’s victory, rather than whether he would win. The headline results were positive, with two-thirds of seats won in the lower house, but voter turnout was at a record low, which says a lot about voter apathy towards the further reforms Abe was supposedly trying

    Analysis and Opinion » Intraday Comment 28/11/2014
    IronFX - November 28, 2014, 18:54 GMT

    The dollar traded mixed against its G10 counterparts during the European morning Friday. It gained the most against the Norwegian krone, even though Norway’s official unemployment rate declined to 2.6% in November from 2.7% previously and retail sales rebounded in October. I believe that following OPEC’s decision to maintain its current output, the ongoing fall


    By doing nothing, everything is done OPEC simply kept its production ceiling unchanged at its meeting yesterday, as expected, setting off a further decline in oil prices. As I said yesterday, I expect oil prices to continue to fall as Saudi Arabia pursues its strategy of pushing US shale producers out of the market and