HM Treasury today appointed Christopher Woolard to the Board of the Financial Conduct Authority, the UK’s financial watchdog. As a member of the FCA’s board,…
Posts published in July 2015
Greek Stock Market Poised to Reopen on Monday
The chairman of the Hellenic securities regulator is optimistic that trading will resume on the Greek stock market early next week following an anticipated decree…
SWIFT Data Shows Mounting RMB Popularity in South Africa
SWIFT, a global provider of financial messaging services, has reported its latest data showing the number of South Africa’s Renminbi (RMB) payments, according to a…
The Swiss National Bank (SNB) published today its biggest ever loss for the first half of the year totaling CHF 50.1 billion ($52.2 billion). The…
The Reserve Bank of Australia has already cut the official cash rate this year by 50 basis points to the current level of 2.00%. Governor Stevens…
RBC Brings In Martin Persson as Its FX Sales Specialist
The Royal Bank of Canada (RBC) has secured the services of foreign exchange (FX) maven, Martin Persson, who joins the bank as its newest sales…
Killian O’Connor has joined the ranks of JP Morgan as Vice President of the FX Macro Hedge Fund Sales desk based in London. This marks…
Canadian Dollar Dragged Down by Oil Prices & Falling GDP
The Canadian dollar was extremely weak today, falling even against the soft US dollar. The Canadian currency was dragged down by the slump of crude oil prices and the unexpected decline of Canada’s economy.…
Dollar Loses Strength in Friday’s Trading
The US dollar started the last trading session of this week on a strong footing but was unable to retain its strength to the end of trading. The currency is now broadly lower against other…
Earlier in the year, the parent company of Neteller, Optimal Payments Plc (LON:OPAY) announced that ($1.2 billion) however the deal is still pending. The U.K.…