Search Results for: Euro
Spotware Partners with Broctagon to Offer cTrader White Labels
October 12th, 2020
Spotware, a leading Fintech and trading solutions expert, has announced its partnership with Broctagon, making the LP a specialist provider of cTrader White Labels. For Broctagon Fintech Group, offering cTrader solutions in combination with their liquidity products means brokers ...
Ruble’s slump has killed hopes of further rate cuts in Russia
October 6th, 2020
Traders are betting that the Bank of Russia will put interest rate cuts on hold after the ruble’s 9% slump against the dollar in the past three months. Forward-rate agreements, which have been predicting more monetary easing for most ...
The dollar clung to familiar ranges on Monday
October 5th, 2020
The dollar clung to familiar ranges on Monday as financial markets awaited news on the health of U.S. President Donald Trump, who last week tested positive for the coronavirus, sending investors into safe-haven assets. Risk-sensitive markets such as stocks ...
Rollercoaster Pound Sterling ride
October 2nd, 2020
After an early slide, Sterling was subjected to high volatility as reports of a potential landing zone for level playing field and fisheries issues were quickly denied by EU sources. Sterling ended the European session with limited net losses ...
Germany puts ex-Audi CEO on trial over ‘dieselgate’
September 30th, 2020
Five years after “dieselgate” emissions cheating revelations rocked the car industry, ex-Audi CEO Rupert Stadler on Wednesday becomes the first top executive to stand trial in Germany. Stadler, 57, faces charges of “fraud, falsifying certifications and false advertising”, according ...
EU expecting COVID-19 dent in 2020 VAT collections
September 30th, 2020
The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018, down EUR1bn in nominal terms on the year prior. The “VAT gap” measures the ...
Introducing brokers to pay civil monetary penalty
September 28th, 2020
The Commodity Futures Trading Commission (CFTC) issued orders filing and settling charges against three registered introducing brokers (IB)—EOX Holdings LLC of Houston, Texas; Futures International LLC of Chicago, Illinois; and OTC Europe LLP of London, United Kingdom—for failure to meet minimum ...
Lessons on inflation from the past
September 25th, 2020
This article examines two inflationary experiences in the past in an attempt to predict the likely outcome of today’s monetary policies. The German hyperinflation of 1923 demonstrated that it took surprisingly little monetary inflation to collapse the purchasing ...
Demand for safe-haven assets boosted the U.S. dollar causing most Asian currencies to falter
September 22nd, 2020
Stock markets in Indonesia, Philippines and South Korea declined more than 1% on Tuesday as rises in coronavirus cases locally and globally dampened hopes of a swift economic recovery. Indonesian 10-year benchmark yields are up about 2.90 basis points ...
The U.S. Dollar Index is down against a list of other major currencies
September 21st, 2020
The U.S dollar was trading lower in the latter part of Asia’s trading session on Monday. The slump was triggered on growing concerns about whether the safe-haven currency had found its footing after five straight months of declines, with ...
