Swiss Forex Marketplace Dukascopy Volition Reduced Leverage Ahead Of Us Election
Swiss-based Forex broker Dukascopy has announced that leverage on all currency pairs volition survive reduced on the States Election day, citing odd volatility in addition to unpredictable marketplace liquidity. In particular, Dukascopy volition survive reducing leverage on the USD/MXN couplet to 1:10, 2 days prior to the election, on Nov 6, spell all other FX pairs volition bring leverage ratios trimmed on Tuesday, Nov viii at 10:00 GMT. Dukascopy has clarified that alone accounts amongst balances inward excess of $30,000 USD volition survive dependent area to the leverage reductions: “All other accounts (under USD 30,000 or equivalent) that sense a pregnant growth of equity due to net turn a profit or deposit on Tuesday viii Nov volition survive treated on a case-by-case basis.” For most of the criterion FX pairs, leverage during the election volition survive reduced to criterion weekend levels (1:30), amongst some exotic pairs similar CAD/HKD, EUR/TRY in addition to HKD/JP...