FX options trading basics

FX options trading has few informational sources on how best to utilize its benefits. Options trading has been an often discussed and dissected topic. On the other hand, currency options is a category all by itself.


Currency options allow flexibility unlike stop loss

While the regular safety net is a stop loss, now currency options provide more flexibility. When trading foreign currency without the use of a safety measure, an example of which is a stop loss mechanism, is considered as financial suicide.

Swiss central bank says franc ceiling to remain

Swiss National Bank keeps its franc ceiling of 1.20. The Swiss National Bank (SNB) will maintain the franc ceiling of 1. 20 against the euro. The SNB imposed the ceiling on the franc in September of 2011 which allowed it to stockpile foreign-currency reserves that is equivalent to 75% of Switzerland's annual economic output.

Bank of Canada’s low rates to remain: Poloz

Bank of Canada will keep its targets of keeping rates low. The Bank Canada will stick to its targets in terms of keeping rates low despite talks of economic weakness during the G20 meetings in Moscow, Governor Stephen Poloz told reporters on Saturday.


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