Today marks the launch by UK-based ICAP’s electronic FX division EBS of its commercial service, which has gone live following a period of beta testing…
Posts published in November 2013
A new Bitcoin exchange was launched on November 11. Under the name of itBit, the financial startup announced it has raised an additional $3.25 million…
As the sun rose over the city of London this morning, 750 senior industry executives from all aspects of the global FX industry prepared and…
OANDA Recruits Vatsa Narasimha to Bolster Executive Management Team
Mr. Vatsa Narasimha, Executive Vice President and Chief Strategy Officer, OANDA Corporation With five offices worldwide, including in Chicago, London, Singapore, Tokyo and Toronto, the…
Pound Drops as Fundamental Data Disappoints
The Great Britain pound tumbled today as today’s macroeconomic releases were disappointing, especially to those who were bullish on the currency. Most importantly, inflation slowed more than was expected. The Consumer…
Aussie Falls vs. Greenback as Business Confidence Deteriorates
The Australian dollar fell against its US peer today, dropping for the fourth straight trading session, as business confidence deteriorated last month. The currency rose versus the Japanese yen. The NAB Business…
Gibraltar-based CFD and spread betting company and subsidiary of InterTrader Direct, announced today that it has entered a strategic alliance with Stockpicker, in selecting the…
Canadian Dollar Mixed After Holidays
The Canadian dollar demonstrated a mixed performance today, falling against its US counterpart, rising versus the Japanese yen and staying flat against the euro. Signs of economic growth in the United States, the major…
Euro Strong, Endangered by Slowing Economic Growth
The euro was relatively strong at the start of the week, but speculators are concerned that this week’s fundamental reports may hurt the currency, showing slowing economic growth. The beginning of the week was…
There was no lack of activity during the first day of the Forex Magnates London Summit. As a result, one of the biggest complaints from…