The Brazilian real gained today as Guido Mantega, Brazil’s Finance Minister, said that the exchange rate normalized, suggesting that there is no more risk for a big slump of the currency. Mantega…
Posts published in May 2014
Mexican Peso Gains on Hopes for Improving Economy
The Mexican peso ticked up today as economists speculated that there are signs of positive developments in Mexico’s economy, which was disappointing investors recently. This year’s data on economic growth…
5 Reasons Why You Should Have A WebTV
In the times when CNN and CNBC are on mute on most TVs, and with the rapidly decreasing attention span in today’s generation, the importance…
The Great Britain pound was under pressure today as employment data was somewhat disappointing. The currency remained weak even as the central bank’s chief was talking about prospects for an interest rate…
Foreign exchange settlement risk mitigation service provider CLS, operated by CLS Group Holdings AG, has released its 2013 annual report, according to a publication on…
Economic Outlook Makes NZ Dollar Attractive
The New Zealand dollar rose today as the outlook for the nation’s economy remains optimistic, making the kiwi more attractive. Prospects for additional monetary policy tightening added to the attractiveness of the currency. Traders were waiting…
Rabobank Exiting FX Prime Brokerage, Cites Lack of Complete Fit with Their Business Strategy
After a tumultuous 2013 which saw Rabobank fined by the for their involvement with the LIBOR manipulation scandal, resignation of its CEO Pieter Moerland, and…
The Cyprus Securities and Exchange Commission (CySEC) announced today that it has fined AFX Capital Markets Ltd, the Cyprus-based online FX broker, a total of…
Algorithmic developers are receiving some positive news today as Spotware Systems, operators of the cTrader platform, have announced integration with Microsoft’s Visual Studio. With the…
International markets provider, Sucden Financial, has announced the inclusion of Marc Breillout onto its board of directors where he will operate as a non-executive director,…