Search Results for: currencies
BNP Paribas to pay a $350 million fine for illegal conduct in Forex trading
May 25th, 2017
DFS fines BNP Paribas $350 million for illegal, unsafe and unsound conduct in connection with BNPP’s foreign exchange trading business Foreign Exchange “Cartel” Manipulated Foreign Exchange Rates, Engaged in Collusion, Executed Fake Trades, Coordinated Trading to Enhance Profits at ...
Asian Stocks jump while Dollar weakens
May 25th, 2017
South Korean stocks, won rally as interest rates kept on hold Hang Seng China Enterprises Index surge to highest since March The dollar weakened to the lowest since November while Asian stocks climbed with oil ahead of a key ...
China’s Stocks Drop With Aussie on Moody’s Cut
May 24th, 2017
Moody’s lowers China rating on outlook for financial strength Equities in Japan, Australia and South Korea all higher China’s stocks declined after Moody’s Investors Service cut its rating on the country’s debt, saying the outlook for its financial strength ...
If you bought $100 of bitcoin 7 years ago, you’d be sitting on $75 million now
May 23rd, 2017
The price of bitcoin hit a fresh record high on Monday nearing $2,200. Monday also marks the seventh anniversary of Bitcoin Pizza Day, which is widely considered to be the first transaction using the cryptocurrency. If you bought $100 ...
Japan currency rises; Pound slips
May 23rd, 2017
Trump Concern, Manchester Blast Spur Risk-Off Tone Japan currency rises after latest report on Washington turmoil Pound slips after suspected terrorist attack at U.K. concert The yen rose with gold and U.S. equity-index futures fell as investors took a ...
Oil climbed toward $51 a barrel
May 22nd, 2017
Crude rises after Saudi Arabia says agreement reached on cuts Pound drops after U.K. threatens to quit Brexit negotiations Oil advanced a fourth day in the build up to OPEC’s gathering in Vienna this week, as speculation grows that ...
XRP Liquidity to Increase With Listings on Six New Exchanges
May 22nd, 2017
Ripple, the only blockchain payments provider with proven commercial deployments, has announced today the expansion of its partnership with BitGo to list XRP on several leading digital asset exchanges: Bitso, Coinone, bitbank, and SCI’s BuyBitcoin. Additionally,AlphaPoint will be adding ...
ASIC accepts enforceable undertaking from Macquarie Bank to address inadequacies within their wholesale FX businesses
May 19th, 2017
ASIC has today accepted an enforceable undertaking (EU) from Macquarie Bank Limited in relation to the bank’s wholesale foreign exchange (FX) businesses, following an ASIC investigation. ASIC is concerned that the bank failed to ensure that its systems and ...
Asia Stocks Turn Higher as Investors Assess Crises: Markets Wrap
May 19th, 2017
Yen poised for strongest week in a month; gold resumes gains S&P 500 rebounds with dollar amid bullish economic reports Asian shares rose as Japanese equities erased morning losses and investors assessed the risks from political crises in Brazil ...
U.S. firm to launch sale of digital token for forex trading
May 18th, 2017
Fintech Investment Group, a U.S.-based commodity trading adviser, plans to launch an initial coin offering in June for its own token that allows investors to trade currencies on a digital platform, company founder Alan Friedland said. The new digital ...
