Nov 272014
 
Small banks can now do forex trading

Regulators have liberalized smaller banks' ability to trade in foreign exchange markets, in line with efforts to make it easier for migrants to send money …
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BNY Mellon Fires Senior Currencies Trader After Internal Review

All told, about a dozen banks have so far suspended or fired more than 30 traders and other employees in connection with the foreign-exchange …
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More FX bank traders in hot water…

The Wall Street Journal broke the news that Bank of New York Mellon Corp. has fired a London-based currency trader after the bank found that his …
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BNY Mellon trader fired in conduct probe

Smailes was a senior-level trader who worked on BNY Mellon's spot currency trading desk in London. He had been employed at BNY Mellon for more …
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Nov 272014
 
Bank of New York Mellon Fires Currency Trader After Internal Review

Jon Smailes, who worked as a senior trader on the bank's spot currency trading desk in London, left the company in May, according to the person, who …
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Aussie Slumps To A 4-Year Low

The single currency rebounded from almost two years' low after the ECB … Trading foreign exchange may result in a substantial or complete loss of …
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Forex Trendy Review Reveals Forex Trendy Software Indicator To Trading Profits – Find Out If It …

Read Forex Trendy Review To Know If The Unique And Simple Forex Software Tool Programmed To Scan All Currency Pairs On All Time Frames And …
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BNY Mellon (BK) fires senior currency trader after internal review – WSJ

BNY Mellon (NYSE: BK) fired senior London-based currency trader Jon Smaile after an internal review found that his electronic communications …
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Nov 272014
 
Businesses must be prepared if Aussie to dip dip dip

AFEX's Option trades rose 307 per cent for September 2014, compared to May 2014 He says SMEs can ride the spot markets in currency, but they …
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Australian dollar rebounds after dropping below 85 US cents

The Aussie was trading at US85.49¢ at 6.45am AEDT. Eight hours earlier, in the middle of the European trading day, the currency plunged to …
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FX Noon: Week's trading looks nasty, brutish and short

Interestingly the market (read: news algorithms) initially took this news as a positive for the currency until common sense prevailed and EURUSD …
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Moore Trader Tipped On Major Currency Deal, HSBC Says

The senior trader—who was not one of the two currency traders fired by HSBC over a scandal that recently cost the bank US$620 million in …
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Nov 272014
 
Formax Proudly Launches O2O (Online-to-Offline) Trading Community

The first batch of key online services include Forbag, Forex Trading Copymaster, Peer-to-Peer connections and overseas private equity. Formax is …
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Trade Idea: EUR/GBP – Stand aside

As the single currency has slipped again after meeting resistance at 0.7950 earlier today, suggesting near term downside risk remains for the fall from …
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Nov 272014
 
FX Trader Gets Shunned at Bank of New York Mellon for Breach of Compliance Rules

US custodian banking institute, Bank of New York Mellon, has let-go of a senior currency trader. Reports state that Jon Smailes has been sacked for …
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Niall O'Riordan UBS Chief Currency Dealer Under Investigation for FX Rigging Case

A total of $4.3 billion was handed out in censures to five banks after detailed investigations showed that senior traders were manipulating FX rates …
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Local RMB hub will benefit traders

While the initiative will make it easier for Australian exporters to do business in China, it also has ramifications for foreign exchange traders.
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Deutshe Börse plots expansion into emerging market FX

“We were interested in looking at FX, but it is quite a crowded space, [so] we felt … The banks were looking for help trading and hedging EM currencies …
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Nov 272014
 
Why the Woolworths Ltd Share Price Fell Today

Today marks the 12th loss in the past 13 trading sessions for Woolworths shares. Since peaking at $38.51 seven months ago, the stock has shed …
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Why the Premier Investments Share Price Rose Today

Premier Investments Limited [ASX:PMV] operates a number of specialty fashion retail chains. Brands under the PMV banner include Just Jeans, Jay …
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Forex Kiwi gains after trade data with trade thin on US holiday

Investing.com – The New Zealand dollar gained on Thursday despite a wider than expected trade deficit in October while the yen also strengthened …
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Nov 262014
 
Forex: J$113.49 to one US dollar

KINGSTON, Jamaica – The US dollar on Wednesday, November 26 ended trading at J$113.49, up five cents according to the Bank of Jamaica's daily …
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NZ shows trade deficit of $908 million in Oct

FXStreet (Bali) – NZ trade balance figures for Oct came mixed, with a … Trading foreign exchange on margin carries a high level of risk and may not be …
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