As most other currencies, the Canadian dollar gained on the US dollar today. The loonie also rallied versus the Japanese yen but was unable to beat the extremely powerful euro. Canada’s imports were…
Posts published in April 2015
US Dollar Demonstrates Surprising Weakness
The US dollar was surprisingly weak today, falling to the lowest level in almost a week against the euro. The greenback fared somewhat better against the Great Britain pound and the Japanese yen, moving sideways.…
NZ Dollar Demonstrates Strength vs. Rivals
The New Zealand dollar rallied today with the help of positive macroeconomic data and the weakness of the US currency. The kiwi rallied even as prices for raw materials fell, driving commodity-related currencies down. The New…
Australian Dollar Sinks with Prices for Iron Ore
The Australian dollar sank today, reaching the lowest level since May 2009 against its US counterpart. Australia’s economy relies strongly on export of raw materials, linking the performance of the Aussie to movement…
Lackluster US Economic Indicators End Dollar’s Rally
The US dollar halted its rally on Wednesday, falling against some of its most-traded counterparts. The reason for the drop was the lackluster economic data that hurt optimism of dollar bulls. The greenback kept…
German trading venue, Deutsche Börse, has reported its monthly turnover for its cash markets in March 2015, yielding a figure of $175.0 billion (€162.6 billion),…
Dutch financial watchdog, Autoriteit Financiële Markten (“AFM”), issued the first Dutch binary options license today – the groundbreaking license was issued to Optieclub (Optionclub). AFM…
Ex-Nasdaq VP, Ann Neidenbach Lands at Convergex as CIO
Convergex, a global brokerage and trading related services provider has appointed Ann Neidenbach as its newest Chief Information Officer (CIO), who brings with her twenty-five…
FastMatch, an FX Electronic Communication Network ECN, has made two executive level appointments, naming a new director of sales and head of operations, according to…
Citibank Korea, a South Korean affiliate of Citigroup Inc. (NYSE:C), has appointed Myung-Soon Yoo as its newest head of corporate banking, following a brief stint…