The Chinese yuan edged higher against the US dollar after a private report showed that expansions of the nation’s manufacturing sector accelerated last month. The Caixin China General Manufacturing PMI rose…
Posts published in August 2017
Australian Dollar Fails to Bounce After RBA Meeting
The Australian dollar went down today after rising at the start of the trading session. The currency attempted to rebound after the central bank’s policy meeting, but the bounce was extremely short-lived. The Reserve Bank…
Australia and New Zealand Bank (ANZ) has seen its latest senior hire, this time elevating company veteran Rufus Pinto to the role of Chief Executive…
One of the needling issues in the cryptocurrency industry is the classification of the ICOs and how it needs to be regulated. In response to…
Another executive is parting ways with the trading technology provider, Finance Magnates has learned. Itai Novak is leaving his role as chief financial officer (CFO) at Leverate…
The Israeli Securities Authority (ISA) has just announced it has ordered Interactive Brokers LLC to stop offering forex trading in Israel as it does not…
Are Artificial Intelligence (AI) programs more efficient than traditional buying and selling methods? JPMorgan is the latest bank to pursue research into this field, developing…
Fastmatch Monthly Trading Volumes Decline in July
Trading volumes at Fastmatch declined during the month of July. Trading activity on the newly acquired by Euronext Electronic Communications Network for trading foreign exchange…
Hotspot Marks Small Monthly Decline in July
CBOE’s Electronic Communications Network (ECN) for foreign exchange trading, Hotspot marked a small monthly decline in trading volumes last month. The company is reporting that…
GAIN Capital’s GTX Marks Steady July
GAIN Capital marked a month of steady performance during the first month of the typical summer lull that encompasses the FX industry in July and…