Search Results for: US Dollar
FXCM Reports Monthly Metrics
June 10th, 2015
FXCM Inc. (NYSE:FXCM) today announced certain key operating metrics for May 2015 for its retail and institutional foreign exchange business. May 2015 Customer Trading Metrics from Continuing Operations (1) Retail customer trading volume (2) of $331 billion in May 2015, 8% higher than April 2015 and 39% higher than May 2014. Average ...
Fitch: Steep Emerging-Market FX Reserve Falls Likely to Continuee
June 3rd, 2015
Global EM FX reserves have fallen by USD524bn since June 2014, surpassing the drop in 2008-2009, and further declines are probable. Emerging-market (EM) official foreign exchange (FX) reserves have been falling steadily by an average of USD58bn a month ...
Statement by Glenn Stevens, RBA Governor: Monetary Policy Decision
June 2nd, 2015
At its meeting today, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than ...
BRICS to establish new multi-currency financial order
May 25th, 2015
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial institution is led by developing countries, said experts to RT. ...
Signing of the third Bilateral Swap Arrangement between Japan and Singapore
May 21st, 2015
1. The Bank of Japan, acting as the agent for the Minister of Finance of Japan, and the Monetary Authority of Singapore signed the third Bilateral Swap Arrangement (BSA) on May 21, 2015. The arrangement will enable the authorities ...
Bitcoin: A Remarkable Innovation and Its Limitations
May 20th, 2015
My own sense is that popular interest in Bitcoin peaked about 12-18 months ago. Perhaps that interest will return. But for now, my sense is that Bitcoin represents a remarkable–indeed, a breakthrough–innovation which nonetheless is beginning to show its limitations. Rainer ...
Bitcoin trading launches on Nasdaq Stockholm exchange
May 18th, 2015
The world’s first bitcoin-based security available on a regulated exchange has launched on Sweden’s Nasdaq. Bitcoin Tracker One, developed by Stockholm-based firm XBT Provider, is an Exchange Traded Note (ETN) that allows traders to invest in bitcoin and access the returns ...
FSCS will shortly be compensating eligible Alpari claimants
May 15th, 2015
FSCS will start to pay compensation to eligible Alpari claimants from 14 May 2015. Once FSCS has paid compensation, the joint special administrators will email claimants to confirm that the payment has been made. Compensation will be paid in ...
FXCM Inc. Announces First Quarter 2015 Results
May 11th, 2015
Releases April 2015 Customer Trading Metrics First Quarter 2015 Highlights: U.S. GAAP trading revenues from continuing operations of $69.2 million U.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $393.3 million or $8.35 per fully diluted share U.S. GAAP revenues from discontinued operations of $28.8 million ...
Yuan gains credibility as reserve currency
May 7th, 2015
France’s Credit Agricole Private Banking is advising its clients to add the Chinese yuan to their portfolios as the world’s second-largest economy looks to further liberalise its currency. High net worth individuals in the Arabian Gulf region should consider ...