Close Preview x  
     
     
  Close Preview x  

Pip and Margin Calculator

Confirm your account type, lot size and leverage to determine the actual amount required for an order

Refresh

Disclaimer

Neither FOREX.com nor its affiliates will be held responsible for the reliability or accuracy of this data. The service is provided in good faith; however, there are no explicit or implicit warranties of accuracy. The user agrees not to hold FOREX.com or any of its affiliates, liable for trading decisions that are based on the pip & margin calculators from this website.
     
Close x
Online Security

Secure login
Ensuring the security of your personal information is of paramount importance to us. When you sign in to the trading platform, your User ID and password are secure.

The moment you click Login, we encrypt your User ID and password using 128-bit Secure Sockets Layer (SSL) technology.

Browser security indicators
You may notice when you are on our website that some familiar indicators do not appear in your browser to confirm the entire page is secure. Those indicators include the small "lock" icon in the bottom right corner of the browser frame and the "s" in the Web address bar (for example, "https").

To provide the fastest access to the trading platforms, we have made signing in to trading platforms secure without making the entire page secure. Again, please be assured that your ID and password are secure.

<Back to News & Media

Yen Up On Talk Europe Seeks Stronger Japan Currency

Reuters, January 24, 2007

NEW YORK (Reuters) - The yen rose against the dollar and euro on Wednesday on news that European finance ministers will push for a more forceful message that the yen is too weak at next month's G7 meeting.

Euro zone finance ministers will draft the European position on Monday, a source told Reuters.

"That G7 news just came out and it's going to take some time to filter through the market," said Brian Dolan, director of FX research at Forex.com in Bedminster, New Jersey. "Bottom line is European opposition to further yen weakness and this is going to increase the pressure on short-yen carry trades to cash out and step back."

The dollar fell to around 120.95 yen after the news from 121.46 just before, while the euro dropped to 156.86 yen from around 157.39.

The yen has been under pressure after the Bank of Japan left rates unchanged at 0.25 percent last week, and markets have scaled back expectations of a near-term hike. Investors often borrow in lower-yielding currencies such as the yen, pushing those unit lower, and buy assets in countries with higher returns.