Today’s macroeconomic data from Great Britain was mixed (though without any really bad reports), leading to the rally of the pound versus the US dollar and the drop against the euro and the Japanese yen.…
Euro is heading higher right now, even hitting a six-week high against the US dollar at one point, thanks to expectations of a banking deal in the eurozone. Many expect a banking deal to bring…
US dollar is struggling today, mostly lower against its major counterparts as comments from Federal Reserve officials seem to indicate that the asset purchase taper isn’t likely until…
The Australian dollar slipped today as domestic fundamentals were not particularly supportive for the currency. The Aussie managed to pare losses and is trading near the opening level right now. The number of home loans…
The Swedish krona declined today after a report showed that nation’s industrial production contracted in October, frustrating experts who have expected an increase of the indicator. Statistics Sweden reported that industrial…
Over in my other job of writing posts for Forex Magnates, the increased importance of non-forex products being offered by brokers. While forex still composed…
Last month saw litecoin’s market cap of circulated coins top for the first time (although it has since fallen from that mark). Today, litecoin got…
Senen Pousa, an Australian national, has been under the regulatory limelight as the Commodity Futures Trading Commission (CFTC) announced that it obtained a federal court…
The Japanese yen was down today as Japan’s economic growth missed estimates and the risk-positive sentiment of Forex traders made the currency unnecessary in its role as a safe haven. According to the second estimate, Japanese…
Regulatory authorities across the globe have been increasingly involved in ensuring that the FX industry is stringently regulated, and in doing so, often imposing very…