The euro extended its decline during the Monday’s trading session after Italian industrial production demonstrated mixed performance in February. The euro touched the lowest level since June 2013 against the Japanese…
Posts published in April 2015
“Black Thursday”, the 15th of January 2015, is a day that will long be remembered on the Polish financial markets, and not only there. On…
Exclusive: Citi to Offload Retail Business CitiFX Pro
Citigroup’s foreign exchange (FX) broker is close to a sale to an established player in the retail segment of the market, Finance Magnates has learned…
Broadridge Financial Solutions, Inc. (NYSE:BR) has consummated its acquisition of the trade processing business of Wilmington Trust Retirement and Institutional Services’ unit of M&T Bank…
Infosys Mulling Bitcoin Technology to Boost Finacle
India-based Infosys is considering the use of blockchain technology to enhance its widely used Finacle banking software. The multinational company conducts business consulting, technology, engineering…
Yen Rallies After Positive Data & Comments from BoJ Chief
The Japanese yen rallied against its other major peers today, including the US dollar and the euro, after the positive economic data from Japan and optimistic remarks from the central bank’s head.…
Yuan Drops as Trade Surplus Shrinks
The Chinese yuan fell against the US dollar today as the drop of the nation’s trade balance surplus was far bigger than market participants have anticipated, fueling concerns about slowing growth…
Saxo Bank Launches Stock Options for Its White Label Clients
Saxo Bank, the multi-asset broker, announced today the expansion of its white label offering with the introduction of stock options from April 2015. This follows…
Aussie Pulls Back After Chinese Data
Australian dollar is heading lower today, thanks mainly to disappointing Chinese data. With Chinese data down, and concerns about the Australian economy, there is speculation that the RBA will…
Euro Loses Ground After Greece Fails to Offer Reforms
Euro is lower against its major counterparts today, thanks to a report that indicates that Greece has, once again, failed to offer sufficient structural reforms. Euro is lower…