AvaTrade announces that its position remains strong after SNB volatility

FXStreet (London) - In the aftermath of the surprise decision by the Swiss National Bank on Thursday to cease defending the CHF1.200 level and the ensuing volatility and low liquidity conditions, FX and CFD broker AvaTrade has announced that it remains in a robust condition and has stated that Ava’s financial position remains strong.

EUR/USD clings to 1.1600

The common currency is now deflating from session tops around 1.1630 vs. the greenback, with EUR/USD now hovering over the key 1.1600 mark...
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AUD/JPY steady above 96.00

AUD/JPY dropped during the Asian session from 96.80 and bottomed at 95.90. The pair quickly rose back above 96.00 and during the last hours has remains steady hovering around 96.20.
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