Ltd, the London-based international clearing house, announced today that the Bank of England has approved its application as a central counterparty (CCP) under the European Market…
Posts published in June 2014
Won Drops on Concern About Korea’s Recovery
The South Korea fell today as the nation’s central bank left interest rates unchanged and voiced concern about the strength of the currency that may hurt economic growth. The Bank of Korea decided to keep…
Drop of Employment Doesn’t Prevent Aussie’s Rally
The Australian dollar dipped after data showed a drop of employment, but the currency bounced later and trades now above the opening level as the report turned out to be not as bad as it looked…
It that also covers Bitcoin. This follows of Yahoo’s addition on their Finance portal. Like Yahoo, the performance has been a bit choppy but appears…
Five Pillars Of A Sound Marketing Strategy
In my book, a sound Marketing Strategy is one that makes your company money, above all else. This is not as intuitive as it might…
Yen Maintains Strength Ahead of BoJ Policy Meeting
The Japanese yen rallied yesterday on speculations that the Bank of Japan will refrain from changing its monetary policy at this week’s meeting. While the currency retreated a bit today, it remains…
New Zealand Dollar Surges as RBNZ Hikes Interest Rate
The Reserve Bank of New Zealand did not disappoint Forex market participants, raising its Official Cash Rate today. The New Zealand dollar soared as a result, rising against the euro for the seventh…
In an announcement made by Ecommerce giant eBay, PayPal CEO David Marcus has resigned from his post as president of payment solution PayPal. In a…
IRCE 2014 day 1 coverage
Payment Magnates is currently at IRCE 2014 in Chicago as one of the official media sponsors of the event. This year’s event marks IRCE’s 10th anniversary.…
NZD Readies for RBNZ Rate Decision, Goes Higher vs. USD
The New Zealand dollar rallied today against its US counterpart as Forex traders are counting on the New Zealand central bank to raise interest rate at tomorrow’s policy meeting. The kiwi was…