Posts published in November 2013

Liberty Reserve co-founder pleads guilty

Liberty Reserve co-founder Vladimir Katz has pleaded guilty to the charges of money laundering and operating an unlicensed money transferring business in front of Manhattan…

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Euro’s Rally Ends Abruptly This Week

The long euro’s rally has ended abruptly this week as the currency posted a sharp drop, demonstrating the biggest loss since July 2012 against the US dollar. Moreover, the future of the currency looks…

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Canadian Dollar Remains Elevated

The Canadian dollar remained elevated on Friday after Tuesday’s report, which showed that the nation’s economy continued to grow. The currency ended the session flat versus its US peer. The loonie (as the Canadian…

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Pound Weak After Manufacturing Report

The Great Britain pound dropped today as UK manufacturing expanded last month less that was expected, while speculations about Dectaper continued to plague the Forex market. The currency also erased…

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