ROAD TOWN, Tortola - Tuesday, June 7th 2011 [ME NewsWire]
(BUSINESS WIRE)-- Following recent fluctuations in the currency market, such as the Yen’s increase in volatility, iFOREX has launched a new trading account, directed at traders wishing to trade the high volume currencies; Euro or Yen. iFOREX services its clients from numerous countries and different languages, such as French, which can also be found at http://www.iforex.fr
A senior member of iFOREX (http://www.iforex.com) dealer team recently stated, “As a leading organization in the international Forex market, iFOREX wants to gain its competitive edge by providing state of the art technology and unique trading benefits to traders interested in capturing recent volatility in the market, caused by political and other global events.”
He also touched the recently noticed changes in the Yen, “One would expect recent occurrences to weaken a country’s currency exchange rate. However, domestic and foreign investors seeking security decided to purchase the Yen as a way of refuge. This brought an immediate influx of Yen back to Japan, which initially contributed to a huge upward surge in the currency.”
Recognizing the recent high demand of Euro and Yen based currency pairs, iFOREX has taken a further step by providing a special Forex trading low spread of just 2 pips for all type of investors, foreign or domestic wishing to trade the Dollar/Yen or the Euro/USD Pair.
For further details regarding the low spread trading accounts, contact iFOREX. For market analysis, articles related to currency movements and Forex news, visit the Traderbase magazine at http://traderbase.iforex.com
* Territorial restrictions may apply. iFOREX does not offer its services in the BVI.
Contacts
iFOREX
Public Relations
pr@iforex.com
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