The New Zealand dollar lost its previous strength, falling yesterday and extending its decline today. Domestic fundamentals still look very favorable for the currency, and this means that reasons for the drop…
The euro dropped today as investors were fleeing bonds of Europe’s peripheral economies, adding to pressure on the European Central Bank to stimulate the struggling economy. The currency was heading for a second weekly loss versus…
Russian self-regulatory organization, CRFIN, has issued two press releases outlining that it has added both companies to its blacklist for allegedly misleading and promising unrealistic…
UK pound continues to show strength today, following up on yesterday’s rebound. Sterling is gaining particularly against the euro, although it is higher against other major currencies as well.…
The dollar index continues to climb, remaining above the 80.0000 level, as risk aversion continues to be the story. In many cases, dollar strength is mostly due to the weakness of currencies like the euro and the Canadian…
In today’s Executive interview Forex Magnates speaks with Tim Furey, Founder and CEO of , a worldwide Forex brokerage firm based in New York City.…
The Chinese yuan slid today, heading to a weekly loss, on speculations that the central bank intervened to prevent appreciation of the currency as a measure to help local exporters. Analysts think that this week’s drop…
The optimism about the election results in India continued to support the rupee, making the currency rally today. The currency has risen 2 percent over the week, demonstrating the biggest advance since September. The results…
The Danish holding company CFH Group, already behind CFH Clearing, the tradable platform and trading technology company CFH Systems, issued a press release outlining that…
A longstanding member of a leading US bank’s foreign exchange prime brokerage (FXPB) unit has left the institution. London-based Richard Holman, part of Bank of America…