The euro ended the past trading week as the second strongest major currency. The only currency that outperformed the euro was the Canadian dollar. Interestingly enough, both currencies logged most of their gains…
Posts published in June 2018
The Canadian dollar ended Friday’s trading extremely strong thanks to the positive domestic macroeconomic data, rising crude oil prices, and the general positive market sentiment. Statistics Canada reported that gross…
Swiss Franc Ends Friday Strong
On Friday, the Swiss franc ended trading strong against most of its rivals, with the exception of other European currencies. While domestic data was good, the likely reason for the good performance was…
GAIN Capital Holdings, Inc. (NYSE: GCAP) has completed the sale of its institutional business unit, GTX ECN, to Deutsche Börse Group via its FX unit,…
The Securities and Exchange Commission today ordered to pay $3.6 million in fines to settle accusations that it failed to prevent a former wealth manager…
The Great Britain pound rallied today thanks to positive macroeconomic reports released in the United Kingdom. The most notable of them was the positive revision to gross domestic product. The Office for National Statistics reported…
Japanese Yen Falls, Failing to Profit from Positive Data
Macroeconomic data released in Japan today was good, but the Japanese yen fell nevertheless. It looks like market participants continued to eschew currencies perceived to be a safe haven. The Tokyo…
China Binary Sale Technology announced on Friday that it has partnered with technology giant Microsoft and High Cloud to launch MasterDAX. The partnership, , aims…
The New Zealand dollar gained against some currencies but fell versus European ones, like the euro and the Swiss franc, most likely because the European Union was able to reach an agreement…
GMO Coin, the cryptocurrency exchange subsidiary of the Japanese internet giant GMO, has warned its users across the world about a new scam that has…