Jan14

FOREX-Euro short-squeeze rally stalls, debt auctions loom

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TOKYO, Jan 4 (Reuters) – A small-squeeze revive in the euro stalled in Asia on Wednesday ahead of debt auctions in Germany, with market players dubious about the euro zone’s plans to fend off a independent debt crisis as some countries face huge debt refinancing needs.

The euro is losing momentum after posting its largest one-day revive in nearly two months on Tuesday as investors trimmed heavily bearish positions in the common currency after upbeat data bolstered risk appetite. Click here to read more.. »

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Jan14

Cogent Research Study: Online Brokerage Providers Face Challenges In Attracting Active Traders

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CAMBRIDGE, Mass.–(BUSINESS WIRE)– Nearly a third of Active Traders, investors who make three or more trades on a monthly basis via a self-service online trading platform, indicate they are likely to open a new online trading tab in the next six months. While this group of investors recognizes 19 online brokerage providers, only six firms have a solid opportunity to gather new accounts. These and other findings are included in the new Active Trader 2012: Profiling the Affluent Active Trader™ report which was released last week by Rational Research. The report is based on a nationally representative study of nearly 700 affluent Active Traders who on average make 10 trades per month and manage an investment portfolio of $830,000. Click here to read more.. »

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