Euro is a little lower across the board today after remarks from Peter Praet. Indications from Praet seem to contradict the decision announced by ECB last week. The euro is weaker, but…
Posts published in March 2016
Monex, Inc., a subsidiary of Monex Group, Inc., has announced a series of organizational and personnel changes to its business, including four new promotions, according…
Darwinex Marks Positive 2015, Monthly Volume Now Up to $4b
According to company house filings in the UK for Tradeslide Trading Tech Ltd, the entity behind the brand Darwinex, which offers a hybrid combination of…
Afluenta Gains $8m in Funding Round From VC Groups
Afluenta, a Latin America peer-to-peer (P2P) lending network, has completed a Series B funding round worth a total of $8.0 million from a total of…
The Taiwan Stock Exchange (TWSE) today announced a new wholly-owned subsidiary named Taiwan Index Plus Corporation (TIP) that it has created in order to cater to the…
UK Pound Higher, Even After Productivity Forecast Downgrade
UK pound is mostly higher today against its major counterparts, even after the Office for Budget Responsibility (OBR) cut its forecasts for productivity. However, many analysts expect that…
Norwegian Krone Rises, Ignoring Interest Rate Cut
The Norges Bank was yet another central bank to hold policy meeting today. The bank made a decision to cut its key interest rate. Surprisingly enough, the Norwegian krone gained against…
Quite a few central banks scheduled their policy for the current trading session, and the Swiss National Bank was among them. The bank refrained from changing its monetary policy. The Swiss franc…
Canadian Dollar Surges After Fed
The Canadian dollar demonstrated a strong rally today, joining other currencies that have gained on the US dollar. There were several reasons for the rise: the Federal Reserve policy announcement, rising crude…
Dollar Crashes as Fed Lowers Interest Rate Expectations
The main theme of the Wednesday’s trading session was the monetary policy meeting of the Federal Reserve. The Fed managed to surprise the market even as it has left the policy stable. The US central bank kept…