The Australian dollar was falling today due to mixed macroeconomic data but rebounded after the central bank’s policy meeting, even though monetary policy remained unchanged and the statement from the bank…
Posts published in November 2014
Crude Oil Prices and Passiveness of Central Bank Hurt CAD
The Canadian dollar bounced against its US peer today following yesterday’s losses but extended decline against the euro and turned down versus the Japanese yen. Falling prices for crude oil…
Russian Ruble Plunged on Elections in Ukraine
The Russian ruble plunged today as elections in the eastern parts of Ukraine held by pro-Russian separatists threaten the fragile peace in the region and may lead to a new round of sanctions against Russia. Militants held elections…
AUD Drops vs. USD, Gains on JPY
The Australian dollar dropped against its US counterpart due to negative economic data from Australia. At the same time, the currency managed to reverse its losses versus the Japanese yen and reached the highest…
Dogecoin slips below 70 satoshi, hanging on to 200-day MA
Dogecoin (DOGE) has slipped below 70 satoshi in a possible sign of weakness after above this psychologically significant threshold. Four days ago, DOGE unexpectedly slipped…
KCG Hotspot and Its Dark Liquidity Pool Join DealHub’s eFX Distribution Hub Service
DealHub (Option Computers Ltd), a provider of FX data and trade connectivity products for financial firms, announced today that KCG HotSpot, the institutional FX ECN, is…
Chinese Think Tank Warns about Shanghai-Hong Kong Stock Connect
The Chinese press is reporting that according to Zhang Chenghui, a financial researcher with the Chinese Development Research Center, there are substantial “risks” related to…
MetaQuotes Upgrading MetaTrader 5 Option Features as They Court Multi-Asset Brokers
MetaQuotes has announced a new update, Build 1010, for its MetaTrader 5 platform. While usage of the platform is still well behind that of MetaTrader…
Manufacturing Data Boosts UK Pound
UK pound is heading higher today, gaining ground thanks to the latest manufacturing data. Manufacturing data surprised to the upside, and the sterling is getting a boost because of the news. Many analysts expected…
Eurozone Manufacturing PMI Disappoints, Sending Euro Lower
The latest reading for eurozone manufacturing PMI was a bit disappointing, underscoring the difficulties the eurozone continues to face in its economic recovery. On top of that, the news that the United Kingdom might leave the European…