Search Results for: Swiss franc
Commodity currencies feel heat; dollar, yen, euro stable
January 30th, 2015
Commodity currencies nursed hefty losses on Friday, as investors sent the Australian dollar to 5 1/2 year lows as they bet on the Australian central bank reducing interest rates when it meets next week. While currencies from energy and resource producing countries, such ...
Central Bank of Hungary voted to leave the central bank base rate unchanged
January 28th, 2015
Central Bank of Hungary issued a press release informing that voted to leave the central bank base rate unchanged at 2.10%. In the Council’s judgement, Hungarian economic growth is likely to continue. While the pace of economic activity is ...
Liquid Markets issued Important Notice
January 28th, 2015
Following the decision by the Swiss National Bank to remove the informal peg between the Swiss franc and the euro, which prompted volatility across the foreign exchange markets LQD Markets (UK) Limited (“LQD”) has experienced trading difficulties and has ...
Saxo Bank Remains Well Capitalized Despite Losses
January 26th, 2015
In accordance with the terms and conditions of the Notes clause 16, the Issuer hereby submits the following notification to the Holders of the Notes. Further information on impact of the Swiss Franc move on 15 January, 2015: As ...
FXCM Provides Business Update
January 26th, 2015
FXCM Inc. (NYSE:FXCM), released on January 23 an update on its business as well as a statement from Chief Executive Officer, Drew Niv, on FXCM’s month-to-date metrics along with the firm’s current plans to pay down its debt. Richard Handler, Chief Executive Officer, and Brian ...
Fifty suitors bid for remains of FX firm Alpari
January 26th, 2015
More than 50 companies are bidding to buy all or part of failed forex and spreadbetting firm Alpari UK, City A.M. understands – with international units of the wider Alpari group among those who are interested. Alpari’s Japanese and ...
Exness released: Compensation for negative account balances
January 23rd, 2015
Exness issued a press release responding to numerous appeals from traders in the aftermath of the Swiss franc’s “lift-off” on January 15: Remember that as a consequence of the abrupt increase the Swiss franc’s exchange rate relative to the ...
Forget Switzerland: These banks will be hit by SNB shock
January 20th, 2015
Switzerland’s shock scrapping of its currency cap could knock Swiss bank earnings by 10-15 percent, but financial firms in nearby central and eastern European countries could be worse affected, Pimco’s head of financial research told CNBC on Tuesday. “I ...
FXCM Provides Further Details on Financing With Leucadia National Corporation
January 20th, 2015
Further to the announcement that Leucadia is investing $300 million in cash into FXCM, the leading online provider of foreign exchange issued a stattement with further details on the financing. Read also the announcement Leucadia is investing $300 million in cash ...
Admiral Markets update on Trading Instruments
January 20th, 2015
Admiral Markets issued a press release regarding: Currency pairs with the Swiss Franc have been made available for trading, however, the highest leverage on these instruments has been decreased to 1:50 in accordance with the extreme tightening of margin ...
