While US nonfarm payrolls were arguably the most important economic release for the Forex market during the past trading week, the Bank of England policy meeting held special significance for the Great Britain…
Posts published in August 2017
EM4X Names Mark Socha as its New Director of Sales
EM4X, an FX aggregator specializing in services to emerging and frontier markets, today announced that it has appointed industry veteran Mark Socha to head its…
Hong Kong’s SFC Exposes Unauthorised Forex Broker Poloinvest
Hong Kong’s Securities and Futures Commission (SFC) has issued a statement cautioning investors about Poloinvest Limited, which has been offering forex to the public via…
RBS Under FCA Investigation over Money Laundering Scheme
The Financial Conduct Authority (FCA) is investigating the role of Royal Bank of Scotland (RBS) over the alleged processing of hundreds of millions of pounds…
Euronext Volumes Suffer Decline MoM in July 2017
Euronext, the first pan-European exchange, today announced its trading volumes and metrics for July 2017, which incurred a month-over-month decline, but managed to secure sizable…
Pound Heads to Worst Two Days in Almost a Month
The Great Britain pound fell against its most-traded rivals during the Friday’s trading session as better-than-expected US nonfarm payrolls prompted market participants to trim long positions on other currencies. The official…
Online web based charting provider TradingView today unveiled a new analysis tool, dubbed the ‘Forex Heat Map Widget’, which allows its users to get a quick…
The US dollar surged against the euro and other major counterparts on Friday, as the economy in the United States created more jobs than expected in July. The gap between US imports and exports narrowed in June,…
Canadian Dollar Declines Against US Dollar on Positive NFP
The Canadian dollar today declined against its US counterpart after the release of positive US non-farm payrolls data and a better than expected US trade deficit. Statistics Canada also reported…
Christopher Giancarlo Confirmed as Chairman of CFTC
The US Commodity Futures Trading Commission (CFTC) has voted on series of new appointments, culminating in the confirmation of its chairman and two commissioners. J.…