Quiet Markets Today...

FX Daily
November 20, 2013 Posted by:

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Foreign exchange transactions can be highly risky, and losses may occur in short periods of time if there is an adverse movement of exchange rates. Exchange rates can be highly volatile and are impacted by numerous economic, political and social factors, as well as supply and demand and governmental intervention, control and adjustments. Investments in financial instruments carry significant risk, including the possible loss of the principal amount invested. Before entering any foreign exchange transaction, you should obtain advice from your own tax, financial, legal and other advisors, and only make investment decisions on the basis of your own objectives, experience and resources. Opinions expressed are our opinions as of the date of this content only. The material is based upon information which we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such.

Posted by Minh Trang, November 20, 2013 at 12:56 PM
"Euro getting crush now after the ECB commented that it may consider negative deposit rates for lenders that park funds with the central bank."


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Mark Noble
Mark Noble
Sr. FX Trader
Silicon Valley Bank
Office: Santa Clara, CA
Phone: 408.654.7711
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