Entities that have recently applied for registration on the New Zealand Financial Services Provider Register (FSPR) will be aware of the lengthy process that this has…
Posts published in January 2016
South African Rand Touches Record Low as China Scares Markets
The South African rand tumbled today, demonstrating the biggest drop among most-traded currencies and touching the historic low. The reason for the dive was yet more bad news from China. The Shanghai Stock…
Bitcoin Price Reaches $450 For First Time in 2016
After staying quite stable around the $430 mark since the new year started, the price of bitcoin (BTC/USD) has today reached $450 for the first time…
Australian Dollar Moves Further Down
Today, the Australian dollar declined for the fourth day in a row against the US dollar and the sixth session versus the Japanese yen. Economic data from Australia was mixed, giving no edge to the currency,…
Saxo Payments and SafeCharge (AIM: SCH) have today announced a new partnership which they say will see SafeCharge gain a competitive edge, enabling it to offer…
TradAir, a provider of foreign exchange (FX) front office HTML5 trading optimization solutions and services, has expanded its operations to Singapore, culminating in the opening…
Tumbling Crude Oil Prices Drag Canadian Dollar Along
The Canadian dollar dropped today against its major counterparts, dragged down by falling prices for crude oil. The general risk-negative sentiment on the currency markets added to the weakness of the loonie. Futures for crude oil…
Dollar Drops vs. Euro & Yen, Retains Gains vs. Other Majors
The US dollar fell against the euro and the Japanese yen today as minutes of the latest Federal Reserve policy meeting were relatively dovish. The greenback retained gains against most other major currencies…
Gem Ups Ante in 2016 with $7.1 Million Funding Round
Gem, a blockchain platform service provider, has captured $7.1 million via Series A funding, led by an assortment of partners, including Pelion Venture Partners, KEC Ventures,…
Earthport Taps Peter Klein as its Global Head of FX
Earthport, a cross-border payment provider in the UK, has appointed Peter Klein as its newest Global Head of foreign exchange (FX), whose appointment is tendered…