Search Results for: foreign exchange
Gold price forecast revised. What a ABN Amro analysis suggest?
March 7th, 2016
Gold to average $1,200 through 2016 Analysts revise price forecast as gold posts stellar performance in the first two months of the year Gold, which has staged a stellar performance this year – climbing about 19 per cent in ...
Yuan Breaks Four-Day Advance as Leaders Shy Away From Specifics
March 7th, 2016
Traders ignore PBOC fixing set at highest in two months Nation to orderly realize convertibility by 2020: plan The yuan snapped a four-day run of gains as China’s leaders refrained from announcing specific support measures at their biggest gathering ...
Nigerian Official Says Some OPEC Members to Meet With Russia March 20
March 4th, 2016
Crude oil prices have plunged more than 70% since June 2014 Some members of the Organization of the Petroleum Exporting Countries are scheduled to meet with non-member Russia later in the month as part of efforts to stabilize crude ...
Moody’s cuts China outlook on eve of NPC, cites reform, fiscal risks
March 2nd, 2016
Moody’s downgraded its outlook on Chinese government debt to “negative” from “stable” on Wednesday, citing uncertainty over authorities’ capacity to implement economic reforms, rising government debt and falling reserves. The Moody’s downgrade comes just days before the National People’s ...
FXCM Reports Spread Data for 2015
March 2nd, 2016
EUR/USD Spread Averaged 0.3 during Peak Trading Hours in 2015 EUR/USD Spread .1 or less 8.32% in 2015 FXCM Inc. (NYSE:FXCM) (“FXCM” or “the Company”), a leading online provider of foreign exchange (FX) trading and related services, today reported its ...
Barclays restructures amid profits fall
March 1st, 2016
Barclays has reported a drop in full-year profits and a restructuring, including a reduction of its stake in its Africa business. Underlying annual profits for 2015 fell 2% to £5.4bn.The bank said it would cut its dividend by more than ...
CME Group Announces Launch of CME Bloomberg Dollar Spot Index Futures
March 1st, 2016
CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of CME Bloomberg Dollar Spot Index futures. The futures contract will be available for trading on the CME Globex electronic trading platform effective April 4, 2016, pending ...
Exness Group announces trading volume for Q4 2015
February 29th, 2016
Exness Group today announced a total trading volume of 559.4 billion USD for Q4 2015, showing consistency in performance and stability as a leading online provider of foreign exchange. In the assurance report performed by Deloitte, the total Partners’ ...
China central bank deflects concerns over forex reserves
February 29th, 2016
The vice-governor of China’s central bank on Sunday deflected concerns over the possibility of an extended fall in the country’s foreign exchange reserves and reaffirmed confidence in the strength of the Yuan. China still owns the world’s largest currency reserves ...
Leucadia National Comments on FXCM Inc.
February 26th, 2016
Last year’s shareholder letter described the sudden and remarkable events that led to our January 2015 investment in FXCM (NYSE:FXCM). This year, we can report that our investment in FXCM is looking solid. Through the end of 2015, our ...
