Deutsche Bank is preparing yet another reshuffling to its senior executives as the company’s shares are hovering near all-time lows. Bloomberg reports that the former…
Posts published in April 2018
After rallying earlier today, the Canadian dollar fell against its most-traded peers, following the slump of crude oil prices. Prices for crude slumped more than 2% today. There were…
US Dollar Rallies Higher on Manufacturing PMI Releases
The US dollar today rallied against some of its main trading peers including the euro and the Canadian dollar. The greenback’s rally was triggered by the release of the IHS Markit US Manufacturing PMI for March,…
The Australian dollar fell today after negative macroeconomic data from China and signs that the United States and China are close to starting a full-blown trade war. The Caixin China General Manufacturing…
MAS to Develop Guidance on AI, Data Analytics Usage
Artificial intelligence (AI) has been seen as a double-edged sword for virtually all industries. This includes the financial services industry, prompting the Monetary Authority of…
Japanese Yen Falls as Macroeconomic Data Disappoints
The Japanese yen was flat versus the US dollar and lower against other major currencies today after the release of disappointing macroeconomic reports in Japan. The Bank of Japan Tankan manufacturing index dropped…
In a bid to accelerate the foreign exchange market in the Philippines, the Bankers Association of the Philippines (BAP) joined hands with to launch a…
GMO Coin, the cryptocurrency exchange owned by Japanese giant GMO Internet, has announced new measures to comply with the requirements of the Japanese financial regulator,…
TFX Sees FX Volumes Decline in March as Volatility Wanes
The Tokyo Financial Exchange (TFX) has reported its latest trading volumes for the month ending March 2018. The exchange’s recent surge in FX volumes was…
TradingScreen, a provider of electronic trading solutions, has launched a strategic partnership with Liquidnet. The accord represents the latest collaboration to benefit buy-side users’ order…