The Japanese yen rose today, reaching the highest level since November 29 against the euro, after Bank of Japan Governor Haruhiko Kuroda signaled that he does not plan cutting interest…
Posts published in February 2017
Aussie Reaches Multi-Year Highs, Ignoring Economic Data
Macroeconomic data released from Australia today was mixed, but that did not prevent the Australian dollar from rising and even reaching multi-year highs against such currencies like…
Live Updates: Finance Magnates Tweets from #ifxexpo Asia 2017
The 2017 iFX EXPO in Asia is officially underway at the iconic Hong Kong Convention & Exhibition Centre. The event is jointly organized by Finance Magnates and Conversion…
ChartIQ Introduces New User Interface for MT4 WebTrader
HTML5-based financial charting and technology provider ChartIQ announced that the vastly improved user interface of its proprietary WebTrader for MT4 platform was finally released today. Following…
Fintech funding saw a dramatic decline in 2016 as investors were likely unsettled by uncertainty triggered by the Brexit vote followed by the US elections,…
Hedge Fund Numerai Launches its Own Cryptocurrency
A hedge fund focused on artificial intelligence has launched its own cryptocurrency, underscoring the growing interest in applying Bitcoin-like technology to the financial markets. The…
Fidessa On-Boards Chris Monnery as its Head of Product Marketing
Fidessa group plc (LSE: FDSA), a comprehensive provider of software and trading solutions for the financial services industry, has appointed Chris Monnery as its newest…
French bank Credit Agricole CIB said on Tuesday that it has partnered with Orchestrade Financial Systems to modernize its technology backbone for interest rate derivatives…
British Pound Struggles to Find Direction Despite Hawkish Comments from BoE Governor
The British pound today struggled to find direction as it demonstrated mixed results against its main competitors such as the US dollar, the euro, and the Japanese yen. The Bank of England Governor, Mark Carney,…
US Dollar Climbs as Comments from Fed Official Increase Expectations for Raising Rates
The US dollar rose against its major counterparts on Tuesday, after a Federal Reserve official made comments that increased US Treasury yields and supported the US Currency. Philadelphia Federal Reserve…