The Canadian dollar gained on its weak US counterpart during Tuesday’s trading but was unable to beat such strong currencies as the euro and the Japanese yen despite supportive fundamentals. Canada’s gross…
Posts published in January 2017
BitPay Elects Carl Stern as Newest Member to Board of Directors
Carl Stern, the former CEO and Chairman of Boston Consulting Group, has been elected to join the board of directors at the leading bitcoin payment…
After Donald Trump’s unexpected win in the U.S. presidential election, one of Hillary Clinton’s biggest billionaire supporters bought $12 billion of stock in his company. Warren…
Euro Soars After Comments from Trump Trade Advisor
The euro gained today on its major counterparts today, soaring 1% against the US dollar, after comments from Peter Navarro, head of US President’s new National Trade Council. Navarro…
CHF Retreats vs. EUR After Trading Near Highest Since Brexit Vote
The Swiss franc gained on the US dollar during the current trading session. The Swissie fell against the euro, but its daily high was near the highest level since the Brexit announcement. The recent…
TD Direct Investing now provides its clients direct and real-time access to see and trade NEO-listed securities in Canada’s newest stock exchange, the Aequitas Neo…
Turkish Lira Weakens amid Complicated Environment
The Turkish lira fell against the US dollar today as complicated environment makes it hard for the central bank to support the currency. On one hand, the falling currency and accelerating inflation prompt the Central Bank…
SEC Sees Two More Directors Part Ways with Agency
The US Securities and Exchange Commission has seen two more departures today, its third senior level move this month, as the regulator’s upper ranks continue…
Bloomberg to Discontinue its Tradebook FX Platform
Bloomberg Tradebook, a wholly owned agency broker of Bloomberg L.P., will be shutting its electronic foreign exchange (FX) trading platform in a few weeks, industry…
British Pound Drops Ahead of Parliament’s Debate of Article 50
The British pound declined against the euro, US dollar, and other major peers on Tuesday, as Parliament prepared to begin discussing the governmentâs triggering of Article 50. The debate, which decides the future of the United Kingdom…