Deutsche Bank, one of the world’s largest investment banks and an interbank leader in FX volumes, has just announced its quarterly financial figures covering the…
Posts published in October 2014
UK Pound Struggles Against Its Major Counterparts
UK pound is struggling against its major counterparts today, heading lower as interest rates expectations weigh. With the Bank of England expected to maintain low rates, there isn’t a whole…
Justcoin shutting down today, cites bank account closure, comes weeks after $300k “goxing”
Norway-based cryptocurrency exchange Justcoin has announced that it will be shutting down, effective today. They cite their bank’s closure of their account and the refusal…
Euro Trades Down Against US Dollar, Japanese Yen
Euro is gaining ground against the UK pound, but losing ground against the US dollar and the Japanese yen. The 18-nation currency continues to struggle as risk appetite fades from the Forex market,…
Forint Gains as Hungarian Central Bank Keeps Rates Stable
The Hungarian forint strengthened yesterday after the nation’s central bank left interest rates unchanged, a move expected by market analysts, and pledged to keep monetary policy stable for as long as it can. The Magyar…
Later today, the US central banking system, the Federal Reserve, will announce its latest monetary policy adjustments after concluding its October meeting. This month’s meeting…
The FED Wins Again
A few weeks ago I wrote a post called: ” ?” In that post I mentioned that statistically the odds are against that statement since…
Dollar Retains Weakness Ahead of FOMC Decision
The US dollar weakened yesterday and retained its softness today as the string of poor economic data from the United States led to speculations that the Federal Reserve will not start monetary tightening…
Goldman Sachs Swaps German Country Heads, Elevates Two Replacements
Goldman Sachs has announced a series of changes to its German banking division, with Alexander Dibelius stepping down as the German country head. The men…
RBS Appoints Two APAC Heads, Colin Holdstock and Glen Goh
The Royal Bank of Scotland (RBS) has made a series of appointments, naming Colin Holdstock and Glen Goh as Managing Directors of the bank’s Asia-Pacific…