Big news for this week!

Below are some announcements that may impact the markets this week:

News

The USD has continued to gain ground against many of its major competitors this week.  The playoff between EUR and GBP v the US Dollar is interesting as analysts look for divergence.  Germany still remains the powerhouse but Italy and France continue to stifle the currency.  The GBP has had a good run against the USD and this week against the EUR hit highs last seen in January 2013.

The data out today has knocked GBP back as construction output fell and manufacturing production stagnated.  However, momentum appears to still be with GBP (it has been one of the top performers over the last 6 months against other majors).

Gold Trading from 0.01 lots on MT4

From Monday you can now trade Gold v USD on MT4 down to 0.01 (or 1 ounce of Gold).  Look for the XAU/USD symbol to start trading this exciting pair.  For more details of how to trade Gold please visit the website   http://hiroseuk.com/platforms/metatrader4/ . Please note that the trading hours will be the same as other currencies and margin to trade is 1:100. The typical spread is 47 - 61 which offers great value for trading Spot Gold/USD.

Lion Trader Full Hedging Functionality

From Monday 13th January the default setting in Lion Trader for trading purposes will be Full Hedge.  This is similar to the existing settings that are available if you have a MT4 account. Please note that your existing setting will not change unless you request it. If you would like to make an adjustment the please contact us at http://hiroseuk.com/support/contact_us/ and ask for the necessary adjustment .