Yen is higher against other major currencies today as safe haven demand continues to drive Forex traders. With the uncertainty right now, yen is preferred for its stability and safety.…
Posts published in January 2016
UBS Investment Bank Unit Adds Nicholas Reed to Marketing Team
The investment bank unit of Swiss bank UBS has added a new hire to its marketing team in foreign exchange, fixed income and rates products.…
US Dollar Index Rises as Risk Aversion Continues
US dollar index is higher today, thanks in large part to continued risk aversion. The latest chain of events in China and the Middle East are making investors and traders skittish, and they are…
I love stories. I love reading. I love writing. I’ve also spent a decade in financial markets, a period which I’ve thoroughly enjoyed, despite the…
London Capital Group has announced the consolidation of its brands under a single umbrella. The company has brought together Capital Spreads and London Capital Group…
Pound Ignores Supportive Construction Data
The Great Britain pound fell today, extending its decline versus the US dollar for the sixth consecutive trading session. The construction report released from the United Kingdom today was solid, but…
Among FX brokers and trading venues, the chorus over the last few months of 2015 was that the market was waiting for the US Fed…
R3 CEV, the startup leading a consortium of banks to develop a common blockchain framework, is looking to further expand its growing team with unique talent.…
Euro Extends Move Down for Third Day
The euro extended its move down against the US dollar and the Japanese yen for the third straight session today as the eurozone inflation came out below analysts’ expectations. The flash eurozone inflation was…
Australian Dollar Logs Small Gains
The Australian dollar bounced today following yesterday’s rout due to bad news from China. The gains were limited, though, and far from being enough to erase the Monday’s decline. China injected…