Aussie jumped higher after the announcement that the Federal Reserve would not start tapering its asset purchases this month. However, after its earlier performance, the Australian dollar has…
Posts published in September 2013
Norway Krone Stronger After Central Bank’s Policy Meeting
The Norway krone advanced today after the nation’s central bank left its key policy rate unchanged and signaled that it plans interest rate hikes, not cuts. The Norges Bank…
NZD Rises as GDP Maintains Pace of Growth
The New Zealand dollar ticked up today after a report showed that the nation’s economy was able to maintain pace of its growth little changed last quarter as was expected by market…
Pound Remains Strong After BoE Minutes & Fed Announcement
The Great Britain pound generally remained strong after the hawkish policy minutes of Britain’s central bank and the Federal Reserve announcement, though retreated somewhat against the euro. The Bank of England released minutes…
The true cost of fraud
Fraud losses are up for merchants: they are now paying more per dollar in fraud than they have since 2010 According to a study ordered…
The long and drawn-out legal wranglings surrounding FXDirectDealer (FXDD) in the United States, have undergone a further development today as the National Futures Association (NFA) …
Breaking News: Fed Avoids QE Tampering, Dollar Pounded into the Ground
The Federal Reserve shocked the Forex market today as it made no changes to its monetary policy, avoiding stimulus tampering that everybody was expecting. The dollar came crashing down as a result.…
Alpari RU Monthly Volumes Average $134 Billion – January to August 2013
, a division of Alpari Group that covers the Russian and CIS markets, announced trading volumes for the period of January to August 2013. The…
CME Becomes Second Exchange to File SEF Application
Chicago based, , announced that it has filed its application to operate as a Swap Execution Facility with the US financial watchdog. The world’s largest…
Euro Struggles Ahead of Fed and German Election
Euro is struggling today. Part of the struggle is due to the fact that traders are holding their collective breath, waiting for the Federal Reserve announcement that many expect to result in a modest…