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currency

yuan_market

China central bank tries to soothe global markets, says no basis for yuan to fall further

13/08/2015(0)
China’s central bank said on Thursday that there was no basis for further depreciation in the yuan given strong economic fundamentals, in a bid to reassure jittery global markets ... Read More
ECB---headquarters

Euro static as Greek bailout talks resume – Euro Currency update

29/07/2015(0)
Euro The Greek bailout talks resumed on Tuesday with a high security presence, but as no interesting news emerged from the discussions the Euro was left trading fairly statically ... Read More
eurozone

Ragin’ Contagion: When Debtors Go Broke, So Do Mercantilist Exporters

07/07/2015(0)
Papering over the structural imbalances in the Eurozone with bailouts or bail-ins will not resolve the fundamental asymmetries in trade. Beneath the endless twists and turns of Greece‘s debt crisis ... Read More
SaxoBank logo

New senior FX structure reinforces Saxo Bank’s currency expertise

11/06/2015(0)
Saxo Bank announced today that Kurt vom Scheidt has been appointed Global Head of Foreign Exchange at Saxo Bank. ​​​​​​​​​​​​Based in Singapore, Kurt vom Scheidt started at Saxo in ... Read More
bitcoin-coins

Some Financial Heavyweights Just Invested in a Trading Platform Linked to Bitcoin

10/06/2015(0)
Symbiont, which plans to use bitcoin’s underlying technology to make it quicker and cheaper to transfer assets between buyers and sellers, has won the backing of several financial industry ... Read More
money

Six Banks Pay $5.8 Billion, Five Plead Guilty to Market Rigging

20/05/2015(0)
Six of the world’s biggest banks will pay $5.8 billion and five of them agreed to plead guilty to charges tied to a currency-rigging probe as they seek to ... Read More
virtual currency bitcoin

Bitcoin: A Remarkable Innovation and Its Limitations

20/05/2015(0)
My own sense is that popular interest in Bitcoin peaked about 12-18 months ago. Perhaps that interest will return. But for now, my sense is that Bitcoin represents a remarkable–indeed, a ... Read More
rubles

Russian regulator acting ‘adequately’ as economy stabilizes – IMF

20/05/2015(0)
The Central Bank of Russia is taking effective steps to stabilize the national currency and the economic situation as a whole, according to the Deputy Managing Director of the ... Read More
Dollar

No Money, No Growth

18/05/2015(0)
Last August, the US Fed stopped creating new currency out of thin air and dumping it into the banking system. Which is another way of saying the US money ... Read More
rubles

Central Bank of Russia: Acts to Rein In Russia’s Ruble Rally

15/05/2015(0)
The Russian ruble fell sharply on Thursday after the Central Bank announced it was buying foreign currency worth $100-200 million daily to replenish its reserves, a sign it thinks ... Read More
Broker Cyprus TopFX