The Great Britain pound dropped during the past trading week as the Bank of England moved forward with monetary stimulus, introducing substantial easing measures in hopes to help Britain’s economy to weather the impact…
Posts published in August 2016
PwC Fails to Throw Out MF Global Malpractice Suit
A federal judge on Friday paved the way for the MF Global Holdings Ltd.’s bankruptcy administrator after rejected PricewaterhouseCoopers’ bid to dismiss a $1 billion…
The Canadian dollar tumbled today after Canada’s employment fell unexpectedly and the trade balance deficit showed a surprise increase to a record high. Canadian employers reduced the number of available jobs by 31,200 in July.…
KVB Kunlun Reports Interim H1 2016 Financial Results
Hong Kong Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has reported its unaudited consolidated interim results for the six months ending 30 June 2016,…
Dollar Bounces as Non-Farm Payrolls Surprise Positively
The US dollar was moving down during the first half of Friday’s trading session but reversed the losses after the surprisingly positive employment report. US non-farm payrolls climbed 255,000 in July,…
TMX Group Limited has reported its monthly trading statistics and figures for July 2016, which includes the aggregated results for the Toronto Stock Exchange, TSX…
UK-based Currencies Direct Ltd, a privately owned provider of foreign exchange and payment services, has hired the former CEO of Barclays Bank Anthony Jenkins as…
Big banks , with Morgan Stanley’s Andrea Gazzani parting ways with the lender to join Commerzbank with immediate effect, Finance Magnates has learned. In his…
No Doubt The Most Brutal Fight Yet
As another week draws to a close, our editors once again divert their attention away from the hectic newsdesk with some of their favourite stories from…
Rakuten Securities has just announced another acquisition in the foreign exchange space. The company acquired the FX brokerage business of FXAsia. The brokerage has been…