Dec 112014
 
ForexLive Asia FX news wrap: USD selling continued in Asia … for a while

The NZD/USD jumped in late US trade on the more upbeat growth forecasts from the RBNZ and their ongoing hawkish bias. it continued to gain as …
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Daily FX Trading Update: Relief Rally After Greek Political Drama – Dec 11, 2014

The US dollar was still in a weak spot in recent FX trading as the recent selloff sparked more profit-taking moves. There have been no major reports …
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Forex: J$114.03 to one US dollar

KINGSTON, Jamaica – The US dollar on Wednesday, December 10 ended trading at J$114.03, up from $113.89 on Tuesday according to the Bank of …
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Dec 112014
 
Yen up against dollar, euro on risk aversion

The yen was higher against the dollar and the euro in Asia trade … In other currency trading, the euro EURUSD, -0.06% was at $1.2395 from $1.2372.
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China's yuan firms after sharp slide as traders suspect central bank intervention

… financial reform, which it backed up with a liberalisation of the currency's trading band, widened to 2 per cent on either side of the midpoint this year.
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Dollar-Dram Conundrums: CB governor warns against “speculative” currency trading deals

The move followed Prime Minister Hovik Abrahamyan's calls for tougher action against “speculative” currency trading which he blamed on the dram's …
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EUR/USD: Euro Trading On A Stronger Footing This Morning

Yesterday, data showed that Germany's trade surplus unexpectedly … The currency pair is trading between its 20 Hr and 50 Hr moving averages.
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Dec 112014
 
Europe shares see rebound; Greece watched

European shares were higher in morning trade on Wednesday, staging a … its head of forex trading amid the allegations of currency manipulation.
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EUR/USD Technical Analysis: Interim Euro Floor in Place?

The Euro may be readying to turn higher against the US Dollar after showing a bullish Morning Star candlestick pattern within a Falling Wedge chart …
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HSBC dismisses head of European forex

HSBC has dismissed its head of foreign exchange trading for Europe, … in connection with traders' attempted manipulation of foreign exchange rates.
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HSBC dismisses head of FX trading for EMEA – source

L) has dismissed its head of foreign exchange trading for Europe, Middle East and Africa Stuart Scott, a source with knowledge of the decision said on …
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Dec 112014
 
HSBC European Currency Trading Head Stuart Scott Said to Depart

HSBC Holdings Plc (HSBA)'s head of currency trading in Europe, Stuart Scott, left the bank after it was fined $618 million to settle a probe into …
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RBS to pull out of Japanese bond trading

The departure from Japanese bond trading will allow RBS to focus on its remaining business, including corporate banking and currency trading.
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China's central bank fights with traders over yuan

A battle in China's currency markets has emerged in recent days with traders pushing the yuan weaker while the central bank has been attempting to …
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Currency Traders Appear Happy to Fight the PBOC

Traders pushed the yuan's onshore exchange rate to a five-month low yesterday even as the People's Bank of China raised the official rate to the …
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Dec 112014
 
HSBC fires London head of forex: source

Mr Scott was fired on December 9 from a role that involved supervising the bank's foreign-exchange trading operations. He joined the bank in 2007, …
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HSBC Fires Executive On Forex Rigging Charges

HSBC Holdings plc (ADR) (NYSE:HSBC) dismissed Stuart Scott, head of forex trading for Europe, the Middle East and Africa (EMEA), only a month …
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PMC Makes Strategic Move Into the Institutional FX Space

said Terry Thompson, Director at PMC and President of FX Primus. … trader toolset that includes FXPRIMUS Education and Sirix Social Trading.
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Dec 102014
 
FastMatch Releases Spot FX and Metals Daily Institutional Trading Volumes for the First Time

The new website will also provide insight to the top currency pairs by region with total volume associated to each pair. The previous FastMatch site is …
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FastMatch to Release Daily Trading Volume

10, 2014 (GLOBE NEWSWIRE) — FastMatch, (www.fastmatch.com) an Electronic Communication Network (“ECN”) for foreign exchange trading, …
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JPY and Gold benefit as investors close USD positions

Although US Futures concluded trading by recovering earlier losses, the … of risk involved with trading leveraged products such as forex and CFDs.
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HSBC Dismisses Senior Currency Trader in London

Stuart Scott, the head of foreign exchange trading for Europe, the Middle East and Africa at HSBC, was terminated on Tuesday, said the person, who …
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Dec 102014
 
HSBC Sacks Top Foreign Exchange Trader

A top foreign exchange trader at a leading global bank is sacked amid … Best Bank for Emerging European, Middle-Eastern and African Currencies.
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Why currency volatility has staged a remarkable comeback

Real volatility in the euro-dollar and dollar-yen pairs has been rising since the summer after a year of relatively quiet trading. NEW YORK …
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HSBC share price down, dismisses its European head of currency trading

HSBC Holdings Plc has fired its European head of currency trading in relation to the foreign-exchange scandal last month, for which the British bank …
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Sky Sources: HSBC Sacks Top Forex Trader

The London-based HSBC head of foreign exchange trading for Europe, the Middle East and Africa … In 2007, Mr Scott won the FX Week annual award for Best Bank for Emerging European, Middle-Eastern and African Currencies.
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Dec 102014
 
HSBC fires foreign exchange executive Stuart Scott

HSBC has dismissed a top foreign exchange trading executive following the £389m fine it received from US and UK regulators over market …
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HSBC dismisses head of European forex trading

HSBC has dismissed its head of foreign exchange trading for Europe, … a 13-month investigation by regulators into claims that the foreign exchange …
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TrioMarkets(TM) Announces Launch of New Forex Trading Platform

TrioMarkets™ is a new online Forex trading company licensed by Cyprus Securities and Exchange Commission (CySec) which sits under the …
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HSBC fires top forex trading executive

HSBC's headquarters at Canary Wharf in London. The bank fired two currency traders in October. Photograph: Facundo Arrizabalaga/EPA.
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Dec 102014
 
HSBC fires another foreign exchange trading head

British bank HSBC has dismissed its head of foreign exchange trading for … cash trading, and Edward Pinto, who traded Scandinavian currencies.
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FX Fixing: HSBC sacks another banker over forex scandal

Scott joins Serge Sarramegna, head of spot exchange in London, Edward Pinto, currency trader, as being fired in the wake of the foreign exchange …
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HSBC dismisses London forex chief, says source

HSBC has dismissed its London-based European head of currency trading, a source close to the matter said Wednesday, one month after the bank …
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JPY resurgence continues

In comparison with Tuesday's global sell-off, trading on Wednesday has … The major story for the currency markets has been the resurgence in JPY …
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