Search Results for: foreign exchange
Euro nears four-week highs as the Chinese yuan rebounded
July 10th, 2018
The Chinese yuan rebounded and the euro rose to its highest since June 14 on Monday as investors bought riskier assets following favourable U.S. jobs data last week and evidence that global trade tension has not yet slowed economic ...
EQT acquires Saxo Payments Banking Circle from Saxo Bank
July 9th, 2018
EQT VIII and EQT Ventures, in partnership with Saxo Payments Banking Circle’s founders and other co-investors, to acquire Saxo Payments Banking Circle Saxo Payments Banking Circle’s unique banking platform enables cross-border payments with reduced complexity, time and cost EQT ...
Irrational Beliefs Are Ruling Markets
July 4th, 2018
To understand the consequences of the credit cycle, we must dismiss pure opinion, and examine the evidence rationally. This article assesses the fate of the dollar on the next credit crisis, a subject of increasing topicality. It concludes ...
Regulators in France warn for unauthorized websites and entities proposing Forex investments
June 25th, 2018
The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) issued a warning to inform the public against the activities of several websites and entities proposing Forex investments without being authorized to do ...
Deutsche Bank spends $17 billion in a decade on legal costs
June 25th, 2018
Despite spending $17 billion, the bank still has five of its biggest cases outstanding and has set aside $2.9 billion for litigation provision in the first quarter. German’s Deutsche Bank has spent more than $17 billion over the past ...
5 Tips to Buying Bitcoin in Canada
June 4th, 2018
With over a million dollars’ worth of volume bought and sold every day, Bitcoin remains one of the hottest digital assets traded by millions of speculators from all over the world. Backed by the power of blockchain technology, cryptocurrencies ...
Gold’s Monetary Rehabilitation
June 4th, 2018
There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony. It is perhaps too early to call what’s happening to the dollar the beginning of ...
GAIN Capital to sell the Company’s institutional platform for trading Forex
May 30th, 2018
GAIN Capital Holdings, Inc, a leading global provider of online trading services, announced that it reached a definitive agreement to sell the Company’s GTX ECN business, an institutional platform for trading foreign exchange, to Deutsche Börse Group, a leading ...
Goldman Sachs to pay $54.75 Million for unsound conduct in its Forex business
May 16th, 2018
The New York State Department of Financial Services (DFS) has issued a statement early this month to inform that Goldman Sachs fined $54.75 Million for unsafe and unsound conduct in its Foreign Exchange trading business. Goldman Traders Improperly Shared Customer ...
The Euro, Japanese Yen and Australia Dollar fell; Asian stocks mixed
May 9th, 2018
Asian stocks were mixed and crude oil climbed past $70 in New York after President Donald Trump scrapped the nuclear deal with Iran. Treasury yields advanced toward 3 percent, helping stoke gains in the dollar against the yen. Equity ...
