The Chicago Mercantile Exchange (CME) Group has just published its monthly metrics for May and the slump in FX trading volumes continues. Despite the month…
Posts published in June 2014
Forex Traders Continue to Bet Against Loonie
Canadian dollar is lower today, continuing its weakness. Forex traders expect the Bank of Canada to keep rates steady this week, and a hike isn’t expected anytime soon. Loonie is…
It’s not often that a prime broker exits the market, but when it occurs it can trigger an avalanche of movement in the industry as…
Deflation Worries Don’t Stop Euro Today
Poor economic data continues to be the norm in the eurozone, but that hasn’t stopped the euro today. Even with concerns about deflation and a stagnant job market, the euro is moving higher…
Bitcoin enjoys yet another boost today, continuing its relentless rally toward recovery. It set another high earlier today, challenging $670 on BTC-e, its highest level…
A bit belated, but below is my rambling of thoughts from last week’s exhibition in Cyprus Roaming the halls and around the pool of the…
Bitfury secures $20m in funding, half from GCF
Bitfury has secured $20 million in funding, marking one of biggest such rounds in the Bitcoin industry. three weeks ago. Half the funding comes from Georgia Co-investment…
UK Pound Gains as HPI Rises
The Great Britain pound advanced today after a good report about house prices, yet gains were limited as not all today’s data from the United Kingdom was particularly good.…
Apple an “App Store Review Guidelines” document on its developer website which appears to allow for apps transmitting bitcoins. This comes months after Apple made…
Australian Dollar Firmer as RBA Does Not Act
The Australian dollar advanced today after the Reserve Bank of Australia refrained from action and reiterated that monetary policy will likely remain the same for a prolonged period of time. As was expected, the RBA…