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June 26, 2008

Forex.com tightens spreads for EUR/USD and USD/JPY pairs

Filed under: Forex Brokers, Forex com - Gain Capital Group — postmaster @ 3:04 am

The forex.com announses that the spreads on EUR/USD and USD/JPY pairs will be tightened for a limited time. FOREXPro rates are their tightest available spreads and usually require a $10,000 minimum balance, but for a limited time, the company wants to offer the opportunity to trade on FOREXPro rates with as little as $2,500.

FOREXPro rates:

Pair As low as Pair As low as
EUR/USD 1.5 NZD/USD 2
USD/JPY 1.5 CHF/JPY 2.5
USD/CHF 2 CAD/JPY 3.5
EUR/GBP 1 AUD/JPY 3.5
EUR/JPY 2 NZD/JPY 3.5
EUR/CHF 1 GBP/JPY 3.5
GBP/USD 2 GBP/CHF 4
USD/CAD 2 EUR/AUD 3.5
AUD/USD 2 EUR/CAD 3.5
AUD/NZD 4 AUD/CAD 2
GBP/CAD 3.5 GBP/AUD 4
EUR/NZD 7.1 GBP/NZD 16.7
AUD/CHF 5.2   NZD/CHF 5.5
NZD/CAD 7.0   CAD/CHF 5.4
USD/HKD 3.5 USD/SGD 5.0
SGD/JPY 4.0    

Other news:

  1. 24-hour trading in Hong Kong Dollar and Singapore Dollar - now you can trade US Dollar/Hong Kong Dollar (USD/HKD), US Dollar/Singapore Dollar (USD/SGD) and Singapore Dollar/Japanese Yen (SGD/JPY). These new pairs provide fresh opportunities to tap into Asian economies
  2. Curious about emerging Asian economies? USD/SGD (Singapore Dollar) and USD/HKD (Hong Kong Dollar) open up new ways to speculate on regional growth in Asia. SGD/JPY lets you trade on those opinions directly, without going through the USD first.
  3. Have opinions about the global trade imbalance? USD/SGD lets you target another Asian economy beyond Japan (USD/JPY), and to speculate on the Asian regional growth theme and the resolution of global trade imbalances.
  4. Watching the USD closely? The Hong Kong Dollar (HKD) is currently pegged to the USD, although pressure may be growing to peg to China’s RMB. If you have opinions about this peg’s staying power, USD/HKD offers a way to express those in the market.

Other news and tools you`ll find on www.forex.com site.

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