According to data published by Bloomberg, the total value of global central banks currency reserves declined to $11.6 trillion in March 2015 from levels close…
Posts published in April 2015
Trading Week Ends on Sour Note for Dollar
Dollar bulls had high expectations for this trading week due to the optimistic outlook for the US non-farm payrolls. But their hopes were shattered after the employment report turned out to be…
Weak Non-Farm Payrolls Hurt US Dollar
The US dollar received a significant hit to its strength today after the release of non-farm payrolls. While dollar bulls were very optimistic ahead of the NFP report, their optimism evaporated after…
BATS Global Markets Hotspot Volumes Rebound in March
According to information published on the corporate website of BATS Global Markets Hotspot, the trading volumes at the venue rebounded substantially in March. Average Daily…
Euro Benefits From Low Volume, Profit Taking
Euro is getting a little help today, thanks to low volume on the Forex market, and a bit of profit taking at the end of a week that saw a precipitous drop to the 19-nation currency. Right now, there…
ITG Delivers New Algorithm Designed for Retail Brokers
One of the leading execution and research brokers, ITG (NYSE:ITG), announced the launch of its ITG Smart Limit Retail Algorithm (also dubbed SLimit). The solution…
One would think that after several weeks of deliberations about risk management, negative balances, crises and disasters, the foreign exchange (FX) industry could have come…
The Monex Group has just released its monthly business metrics disclosure for March 2015, showing a rebound after three straight months of weaker results from the…
Japanese brokerage GMO CLICK Securities has just posted its monthly metrics ending in March 2015. The total volumes reached in March 2015 was ¥124.91 trillion. In addition to the…
Beat Nussbaumer, , has joined US-headquartered Bank of America Merrill Lynch. Mr. Nussbaumer will serve as Managing Director of Foreign Exchange, and will be based…