The Chinese yuan gained today due to positive data about trade balance and consumer price inflation, which has been released in China over the weekend. As for negative indicators, producer prices fell…
Posts published in November 2014
Franc Close to Cap as Referendum Looms
The Swiss franc rose against the euro today, moving closer to the ceiling of 1.20 francs per euro. The Swissie advanced as the voting for new regulations nears. The currency was also rising versus the US…
Small business POS system NCR Silver adding Bitcoin support
NCR Silver is adding Bitcoin support to its mobile-capable point of sale solution for small businesses, effective by the end of this year. According to…
Dollar Poised for Correction?
The US dollar was demonstrating amazing performance lately, rising to multi-year highs against many majors. But can the currency keep its upward momentum? It is not an easy question…
Putin Tries to Reassure APEC Investors Amid Ruble Record Lows
The Russian President, Vladimir Putin, has tried to convince the world that the rapid drop in the ruble exchange rates is only a passing problem…
KVB Kunlun, the Hong Kong-based broker, has published its full financial results for the first nine months of 2014, following on from their preliminary ‘hint’ late last…
Hungary Weeds out Foreign Currency Mortgages as Forint Slide Raises Debt Servicing Costs
Foreign currency loans in Hungary are close to being phased out over the coming months, and existing loans will be converted to Hungarian forints at…
GAIN Capital Retail Trading Volume in October Reaches $273.4 Billion, an Increase of 14.4% MoM
GAIN Capital Holdings (NYSE:GCAP) has just released its final monthly metrics for October 2014, showing another month of retail growth for the broker. The results…
Reports: Ben Lawsky leaving NYDFS for private sector- what fate awaits BitLicense?
that Superintendent for the New York Department of Financial Services Benjamin Lawsky will be leaving office for the private sector, starting early 2015. His departure…
Michael Venezia, Head of the New Equity Trading at Tradeview Markets
Forex Magnates spoke with Michael Venezia, who detailed the genesis of his trading career and subsequent rise to become a key industry figure in the…