Search Results for: Forex
Saxo Q2 Outlook: A social contract in tatters fuels anti-establishment voices and volatility
April 7th, 2016
A rise in political and social risk is the biggest challenge facing financial markets in Q2 2016 Saxo Bank, the online multi-asset trading and investment specialist, has today published its quarterly outlook for global markets and key trading ideas for the second quarter ...
Dollar hits 17-month low vs. yen, dented by Fed’s cautious stance
April 7th, 2016
The dollar slid to a 17-month low against the yen on Thursday, pressured by minutes of the U.S. Federal Reserve’s meeting last month that underscored caution about future interest rate hikes. The dollar fell to 109.10 yen at one ...
RBI:India Cuts Rates,First Bi-monthly Monetary Policy Statement, 2016-17
April 5th, 2016
Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 ...
CQG’s Continuum Connects with OANDA to Expand FX Trading
April 5th, 2016
Continuum, CQG’s enterprise API division, today announced that it has partnered with OANDA, a leading global provider of online foreign exchange (FX) and over-the-counter commodities and indices trading services, to provide US-based FX trading. The connection to OANDA’s fxTrade ...
FXCM and Halifax Announce White Label Partnership
March 31st, 2016
FXCM Inc. (NYSE:FXCM) (“FXCM”), a leading online provider of foreign exchange (FX) trading and related services, today with Halifax New Zealand, a Stock and Derivatives Broker, announced that they have entered into a white label partnership to offer retail ...
Egypt targets higher growth, deficit reduction in new government program
March 29th, 2016
Egypt promised tough action to restore growth on Sunday with a government program that aimed to reduce the budget deficit while protecting the poor as public anger mounts over a deteriorating economy. Prime Minister Sherif Ismail, reading out a ...
FXTM launches Persian site & adds 4 languages to MyFXTM
March 29th, 2016
Holding true to our values as a global broker with a truly local touch, FXTM has proudly introduced five new languages to its services! Persian has now joined the growing number of official languages for the FXTM website, while the ...
China Looks at Introducing Tax on Foreign Currency Transactions
March 24th, 2016
China is looking at introducing a tax on foreign currency transactions, among other measures, to curb speculative capital flows, even though outflows have recently slowed, a senior foreign-exchange regulatory official said Tuesday. Wang Yungui, the head of the regulation department ...
Dollar rises as Brussels attacks weaken European currencies
March 23rd, 2016
Dollar rises as euro weakens; yen rises on risk aversion Sterling off 1 pct on fears of rising ‘Brexit’ possibility Dollar index extends rebound from five-month trough The dollar rose on Tuesday as the euro and sterling weakened following ...
Asia mixed in quiet trading session, with Nikkei up 1.9%
March 22nd, 2016
Asia markets were mixed in a quiet session on Tuesday, with a weaker yen buoying Japanese stocks while Chinese stocks gave up some of their Monday gains. Japan’s Nikkei 225, which reopened after a public holiday Monday, closed up 323.74 ...
