EUR/USD locked in tight range for most of Q2 this year
Following a number of years of in-house testing, our Standard strategy was launched in October 2009. In early 2011, two new strategies were added to our service portfolio to meet the needs of the more conservative and aggressive forex investors.
The Foreign Exchange trading system adopted by RTFX for its managed account service is based on different algorithms developed in-house. These algorithms generate daily transactions on the spot Forex market and more specifically on the EUR/USD and EUR/JPY currency pairs.
RTFX Ltd is a pioneer in the online Foreign Exchange market with a history dating back to 1995 and forms part of a group of strategic partnering companies. RTFX is one of the very few regulated entities licensed to offer managed accounts on the FX market for private individuals. RTFX is licensed and authorised to provide its services throughout Europe.
EUR/USD locked in tight range for most of Q2 this year
EUR/USD is in a clear downtrend today. The Conservative strategy is also trading, highlighting a clear trend signal. Our three strategies are short and riding on this move lower. The outlook on the euro zone economy remains poor and EUR/USD looks like it could head lower.
For most of the past 5 years the global financial markets have taken us through a lot; liquidity crisis, economic slowdowns, and recessions amongst others.