Foreign exchange trading volumes across rose 16.5 percent over a yearly basis in October 2020, data showed on Monday. FXSpotStream reported an average daily volume…
Mickey Schiller Appointed CEO by Bank Leumi UK
Bank Leumi UK Plc announced on Monday that it has appointed Mickey Schiller to Chief Executive Officer. Bank Leumi UK, the London-based subsidiary of Israel’s…
ACY Securities Appoints Johan Koo as Institutional Business Manager
Sydney-based FX ad CFDs broker has appointed Johan Koo to a senior role within its institutional business. He joins the group as Institutional Business Manager…
Interactive Brokers Tops One Million Users, DARTs Down 10% MoM
Interactive Brokers LLC (NASDAQ:IBKR) saw 1.762 million daily average revenue trades, or DARTS, in October 2020 compared to 1.953 million transactions . Although the figure is…
Euronext Reports 13pct Drop in October FX Volumes
The FX trading venue of Euronext, which operates the biggest pan-European exchange, has reported trading volumes for October 2020. , formerly FastMatch, reported a total of…
DGCX Sees Growth in Pound and Euro Volumes as FX Keeps Momentum
The Dubai Gold & Commodities Exchange () has witnessed an uptick in FX trading volumes for the month ending October 2020, driven by increased investor…
CAD Surges on Sharp Oil Prices Rebound, Strong Manufacturing PMI
The Canadian dollar was the strongest currency on the Forex market on Monday. The reason for the currency’s impressive performance was primarily the sharp bounce of crude oil prices, though Canada’s macroeconomic data was also…
US Dollar Index Edges Higher As Investors Brace for 2020 Election
The US dollar is trading slightly higher against some of its currency peers one day before the 2020 presidential election. Investors are anticipating volatility across the broader financial markets…
Sterling Weak as Britain Prepares for Lockdown
The Great Britain pound was soft today, though it managed to gain on the Swiss franc. The major source of the sterling’s weakness was the news that the country will enter a second lockdown this…
Japanese Yen Mixed Ahead of BoJ Monetary Policy Meeting Minutes
The Bank of Japan was about flat against major rivals and fell versus commodity currencies today. Better-then-expected domestic manufacturing data was unable to help the currency. Now, traders wait for minutes…
Euro Mixed amid Fears of Second Lockdown
The euro was mixed today, rising against some currencies and falling versus others. There were plenty of reasons for the currency to fall, though robust macroeconomic data released on Monday was supportive…
Australian Dollar Second Strongest Ahead of RBA Meeting
The Australian dollar was the second strongest currency on the Forex market today, losing only to the Canadian dollar. The Aussie rallied for the same reasons as the New Zealand dollar: the rebound of crude oil prices, good…