The EUR/USD currency pair traded above 1.20 levels for the first time in nearly two years. Weaker expansion in the Euro area services sector has seen the EUR/USD pairing move down towards 1.18 levels. Jeff Topping / The National Since my last column in mid-August, the US dollar index has slipped to near two-year lows. After initially picking up bids towards the end of the firs ...
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Indian Rupee Weekly Futures Contracts
DGCX has expanded its portfolio of Indian Rupee (INR) Futures Contracts with the introduction of a Weekly INR Futures Contract against the US dollar (USD). The new contract will provide market participants with short-term hedging and arbitrage opportunities and will track the world’s largest pool of offshore liquidity for exchange-traded INR-USD currency products that the DGCX offers.
The Contracts are now available to trade on our award winning Metatrader 5 platform and have the same specification as DINR Monthly Contracts .
CONTRACT SPECIFICATION
DGCX Records Highest Average Daily Volumes
Total volumes on the Dubai Gold & Commodities Exchange (DGCX) this year hit 17,255,556 contracts at the end of September, with yearly Average Daily Volumes (ADV) at their highest ever, reaching 89,873 contracts per day.
