The allure of the Asia-Pacific region is omnipresent among most FX firms keen to establish a permanent presence in the region. Longstanding institutional FX company…
Posts published in November 2013
Pound Drops with Consumer Confidence, Losses Limited
The Great Britain pound slipped today, following the advance to multi-year highs, as Britons’ confidence unexpectedly worsened in November. Losses were limited as the housing market demonstrated good performance. The GfK consumer confidence…
NZ Dollar Falls with Building Permits, Pares Losses
The New Zealand dollar fell today after a report showed a drop of building permits last month, but the currency pared losses later and now trades near its opening level. The seasonally…
Executive Interview: FXDD’s Amgad Attia Discusses FX In The Middle East
The Middle East has gained a fair amount of attention from FX firms recently as its financial markets economy expands, leading to the rise of…
FX Hedge Funds Deflect October Shutdown Up 0.32%
The world’s largest FX hedge funds reported performance figures for the month of October. Constituents of the , a performance-based benchmark that measures the reported…
Exclusive: Senior Departures at OANDA, as CFO Smart and CMO Grant-Thompson Leave the Firm
Following a series of key hires and changes to the and , OANDA Corporation, one of the leading Forex brokerages that operates subsidiaries in Canada, Japan, Singapore…
UK To Start Taxing Spread Betting?
During the second day of a debate on a Financial Services Reform Bill, The UK’s Treasury office spokesman said the government “ought to look” at the…
X Financial Solutions Rebranded as X Open Hub Limited
X Financial Solutions, today announced that the company is changing its name to the same name as its flagship product, X Open Hub. The company…
Poor Fundamentals Do Not Prevent CAD from Gaining on USD & JPY
The Canadian dollar rose against its US peer and the Japanese yen today despite negative macroeconomic reports from Canada. The currency was down versus the euro. Canada’s current account deficit…
FX Dealers Hammering Doors Shut to Social-Chat Rooms, UBS Latest to Ban Staff Access
In wake of the evolving probe into FX dealers alleged manipulation of Foreign exchange markets that has been on-going since FINMA of the investigation in…