According to an announcement made by the U.K. Financial Services Compensation Scheme (FSCS), the bill for reimbursing Alpari UK clients is likely to reach £28…
Posts published in April 2015
EnterNext, a subsidiary of Europe’s largest exchange, Euronext, has launched its Tech 40 label, coalescing a number of innovative European small market enterprises (SMEs), according…
Aussie Gains Ground After US Data Release
Aussie is gaining ground today, but it’s not as much about strength Down Under as it is about weakness in the United States. Australian dollar is higher today, gaining…
Euro Surges as Greece Hopes are Renewed
New hopes for a way for Greece to find the money it needs to keep going — and remain part of the eurozone — are boosting the euro today. The 19-nation currency is near a three-week high against the US…
Yen Attempts to Rally vs. Dollar Despite Credit Rating Cut
Fitch Ratings downgraded Japan’s sovereign credit rating yesterday. Despite the negative news, the Japanese yen is trying to rally against the US dollar today. Against other major currencies, like…
UK Economic Growth Drops Sharply, Sterling Under Pressure
Today’s data from Great Britain revealed that the nation’s economy grew two times less than was predicted by experts. The pound dropped sharply as a result on the news. The currency managed to bounce…
Dollar Shows Weakness Ahead of Fed Meeting
The US dollar is demonstrating weakness ahead of the Federal Reserve policy meeting. The greenback fell against many other currencies yesterday and remained flat today. The string of worse-than-expected economic reports from…
Euro Attempts to Rally, Fails
The euro attempted to rally against the US dollar on Monday but did not follow through with the rally on Tuesday. The shared eurozone currency also gained on the Japanese yen but fell against…
ASX and China Futures Association Agree to Five-Year MOU
The Australian Securities Exchange (ASX) has entered into a Memorandum of Understanding (MOU) with the China Futures Association (CFA), according to an ASX statement. More…
Is Dogecoin Dying? Palmer Exit from Crypto a Worrying Sign
The period from late 2013 to mid-2014 can be considered the peak era of the altcoin, coinciding with a surge in attention to cryptocurrency and…