Speculation is running high that the ECB will announce more easing actions after its policy meeting tomorrow. As a result of poor economic data, the euro is at its weakest in more…
Posts published in December 2014
Ruble Drops to Record Low as Russian Economy Suffers
The Russian ruble fell today, touching the record low level versus the US dollar, as Russia’s economy suffers from the impact of sanctions and declining oil prices. The United States and the European Union imposed…
NZ Dollar Weakens for Second Day
The New Zealand dollar weakened today, falling for the second session against the US dollar and the Japanese yen. The kiwi was moving sideways against the greenback for the past three months. Against the yen the New…
Australia’s Project Longstrike to Investigate Bitcoin Crime, Technology for Tracing Transactions Reportedly Built
The Australian Crime Commission has launched Project Longstrike. Its aim is to “develop an enhanced understanding of the national and international environment in the detected…
Monex FX Inc. to Merge into Monex Inc., November FX Volumes Higher
According to a company announcement, Monex Group’s subsidiaries Monex FX Inc. and Monex Inc. are going to be merged into a single wholly-owned subsidiary in…
AUD Drops to Lowest Since 2010 vs. USD
The Australian dollar fell today, reaching the lowest rate since July 2010 against its US counterpart. The currency dropped as Australia’s economic growth slowed, missing analysts’ projections. The Australian Bureau…
Pound Drops vs. Dollar, Holds Ground vs. Other Peers
The Great Britain pound fell against the US dollar yesterday and maintained losses today. The sterling’s performance against other currencies, including the euro and the Japanese yen, was far better. British Retail…
Canadian Consumer Commission Weary of Binary Options, Bitcoin
A consumer protection authority in the eastern part of Canada has issued a note on its website warning users about possible investment threats. The Financial…
UBS Promotes Shane Edwards to Head of Global Equity Derivatives
UBS Investment Bank has appointed Shane Edwards as its newest Head of Global Equity Derivatives operations, promoting him after just two years as the group’s…
Societe Generale Taps Sascha Bock as Its Managing Director – Germany
Societe Generale has just named Sascha Bock as its newest Managing Director of its Corporate Finance Team in Germany, whose responsibilities will be to handle…