The Mexican peso advanced today as Standard & Poor’s affirmed the nation’s credit rating and the positive outlook. The currency also rallied on hopes that US politicians will avoid potentially catastrophic default.…
Cypriot financial markets regulator CySec has today published a warning to potential investors that Depaho FX does not carry a license to provide investment and…
The train has indeed hit the buffers. FX Concepts has now taken the decision to close its North American, British and Singapore operations, representing the…
US dollar is losing ground as risk appetite takes over. After logging gains earlier, the greenback is pulling back as high beta currencies see demand. US stocks have…
Canadian dollar is fluctuating today, performing erratically as rumors of a compromise on the debt ceiling issue come from the United States. Loonie is still struggling, though, as oil prices continue to drop,…
The recent weakness of the Swiss franc led to speculations that cap on the currency that the Swiss National Bank has introduced in 2011 is no longer necessary. The Swissie declined today, but rebounded…
The Great Britain pound advanced versus the Japanese yen and trimmed its losses against the US dollar today after the Bank of England decided to leave its monetary policy unchanged. As was expected,…
The Central Bank of Russia (CBR) has announced an increase in the range that its currency the ruble (RUB) can trade, effective from October 7,…
“No surprises here,” said one Hyderabad-based commodities trader. The much awaited resignation of one of India’s richest and most influential people has finally happened. Jignesh…
Various news from the United States made the euro weaker than the dollar, resulting in the third consecutive session of losses for the shared European currency today. At the same time, positive data from Germany…