Two major events for the US dollar will happen this week: the deadline for the US budget and non-farm payrolls. What outlook do analysts have for the greenback ahead of these events? Today is…
Posts published in September 2013
CFTC Issues FXDD With $275,000 Penalty For Violating Capital Adequacy Rules
As part of the strengthening of customer protection parameters by regulators worldwide, FX brokers have been subject to what has become a zero-tolerance policy, ,…
Aussie Follows Kiwi in Gains
The Australian dollar followed its New Zealand counterpart to the upside even though economic data from China, the major Australia’s trading partner, was not particularly encouraging. The HSBC China Manufacturing…
IC Markets Partners with Myfxbook to offer AutoTrade
IC Markets has announced that it partnered with forex portal, Myfxbook, to offer its AutoTrade solution to customers. With a large client base of copy…
NZ Dollar Climbs, Supported by Domestic Fundamentals
The New Zealand dollar climbed today as domestic fundamentals were extremely good. The currency managed to post gains even as the market sentiment was rather pessimistic amid poor macroeconomic data from…
ICAP & Thomson Reuters Announce CFTC Approval of Swap Execution Facilities
ICAP plc, one of the largest inter-dealer brokers in derivatives, foreign exchange and treasury markets, has announced that its subsidiary ICAP SEF (US) LLC received…
Japanese Yen Loses Ground After Earlier Jump
Japanese yen is losing ground today following an earlier jump. Yen saw gains earlier as risk aversion set in, but now the yen is losing ground to some of its…
Euro Struggles as Italian Politics Turn Ugly
Euro is struggling today as Italian politics turn ugly. The 17-nation currency is mostly lower today, dropping against most of its counterparts. The currency that isn’t gaining against the euro…
Exclusive: FX Concepts Feels The Pinch As 30-Year-Old Hedge Fund Loses Another Large Client
Events over the last few days have signaled what could be construed as another downturn in fortune for veteran foreign currency hedge fund and portfolio management company FX…
WorldPay US acquires Century Payments
Electronic payment industry’s Century Payment has been purchased by global card payment acquiring business, WorldPay US. According to Tony Catalfano, CEO of WorldPay US, “The…