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Forex Broker News for August 2014
You can find and read the latest news and press releases from all of our partner brokers here.
Trading Notification: US Labor Day Holiday - September 1st, 2014
Friday 29th of August 2014
Please find below the FXCC trading hours schedule for the US Labor Day Holiday on Monday, the 1st of September 2014.
Market Closing Times - Labor Day
Friday 29th of August 2014
Monday the 1st of September is Labor Day in the United States and this will temporarily influence Market Closing Hours for Precious Metals and Energy Products.
Throughout this US holiday, Pepperstone will continue to provide standard support and funding hours.
Currency Market Hours will not be impacted by this holiday.
Friday 22nd of August 2014
XM would like to inform you that due to the Summer Bank Holiday on August 25 in the UK, the schedule of an instrument will be affected as highlighted in the table below:
|Instrument||Monday 25th August||Tuesday 26th August|
Trade ZARJPY Pair with Pepperstone
Thursday 21st of August 2014
Pepperstone is announcing the release of the new currency-cross pair: ZARJPY
This addition gives Pepperstone traders direct access to this highly sought after cross from the interbank market.
The combination of the South African Rand (ZAR) and the Japanese Yen (JPY) is attractive to traders due to its swap benefits and the ability to "carry trade".
Carry trading is a strategy of buying a high interest bearing currencies against another where the interest rate is very low, this way the trader earns interest through swap payments each roll-over.
Due to the South African Central bank's official cash rate of 5.75% versus that of the Bank of Japan's cash rate of 0.25%, traders using the carry trade strategy can look to this pair as a possible addition to their portfolio.
To view this exciting new pair within your MT4 Platform simply Right Click on Market Watch and select 'Show All'.
XL ECN account - 100% Welcome Bonus
Monday 4th of August 2014
FXCC is thrilled to announce the new XL ECN ACCOUNT WITH 100% WELCOME BONUS, combined with interbank spreads, ZERO commissions and ZERO deposit fees.