The New Zealand dollar dropped against its US counterpart and the Japanese yen today even though domestic fundamentals were supportive for the currency as the nation’s trade balance demonstrated an unexpected surplus. New…
Posts published in June 2015
The Debt-Ridden Road to the Grexit Showdown
The Greek debt crisis started in late 2009 during the global financial crisis, which affected many nations. Greece was hit hard because its main industries…
Liquidnet Launches New Proprietary Algorithm, Dark IEX
Liquidnet, the global institutional trading network, has launched Liquidnet Dark IEX, its newest order routing strategy for buy-side clients in tandem with the IEX, according…
UK Pound Mostly Rangebound Today
UK pound is mostly rangebound today, thanks to a lack of new data. Additionally, a recent speech from David Cameron has many speculating about the United Kingdom’s relationship to the European Union.…
The NZX has sold off its 50% stake in Link Market Services NZ for $9.5 million (NZ$13.8 million), ending a decade-long joint venture partnership, according…
Barclays Adds Diane Schueneman as Non-Executive Director
Barclays Plc has appointed veteran financial services specialist, Diane Schueneman as its newest non-executive director, whose term of office is effective immediately, according to an…
FXCM Increases Margin Requirements on EUR/USD
The FXCM (NYSE:FXCM) international group of companies has notified its clients that the margin requirements for the following FXCM branches will be updated: FXCM LTD…
Software providing company for portfolio managers, analysts and traders Tradelegs has announced that it is partnering with Interactive Data in order to gain access to…
British bank Barclays has issued its quarterly foreign exchange outlook highlighting a couple of themes coming throughout the quarter. Amongst its top trades the forecasters…
No Bailout for Greece Yet — Euro Vulnerable
With no bailout for Greece yet, the euro moved a bit lower against the Great Britain pound and the Japanese yen, though it was little changed against the US dollar. Hope remains,…