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Forex Industry News

India’s Forex Reserves Decline due to Weaker Rupee

October 12, 2014 - by - Leave a Comment

India’s forex reserves dropped for the fifth consecutive week, plunging $2.755 billion to $311.427 billion, in the week through Oct. 3. The Reserve Bank of India reported that foreign currency …

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Forex Industry News

Forex Crunch Key Metrics September 2014 – Volatility is

October 1, 2014 - by - Leave a Comment

The month of September saw a complete turnaround in site metrics. The surge in volatility resulted in the best month ever for Forex Crunch. Thanks to the Scottish Referendum, the ECB’s …

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Forex Industry News

India’s Forex Reserves Drop $101.3 Million, MetaQuotes Introduces MT4 upgrades

September 28, 2014 - by - Leave a Comment

India’s foreign exchange reserves plunged by $101.3 million to $315.596 billion in the week through September 19, a rise in the non-dollar assets notwithstanding. In the previous week, the reserves …

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Forex Industry News

India’s Forex Reserves Drop as Pakistan’s Reserves Jump

September 21, 2014 - by - Leave a Comment

India’s foreign exchange reserves dropped for the second consecutive week after earlier declining $1.33 billion in the week through 12 September. The nation’s forex reserves fell $1.62 billion to US$315.698 …

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Forex Industry News

FX Industry News Mash-Up: BAML Resignations, SE’s New FX Futures and First Derivatives

September 20, 2014 - by - Leave a Comment

Bank of America Merrill Lynch has parted ways with Forex executives Sowen Ng and Doug Horlick as the foreign-exchange market continues to witness upheavals. Moreover, BAML is in the midst …

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Forex Industry News

ASX Group Offers to Buy Yieldbroker for $65 Million

September 18, 2014 - by - Leave a Comment

Leading Asia-Pacific exchange ASX Group said it had offered $65 million for Australian electronic derivatives marketplace Yieldbroker. The offer is for a 49 percent non-controlling shareholding in the company. Boards …

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Forex Industry News

Japan’s FX Broker Forex Crown Launches cAlgo Trading Platform

September 17, 2014 - by - Leave a Comment

Japanese Forex broker Forex Crown has adopted algorithmic trading solution cAlgo, which is designed by Spotware Systems. The launch, which was formally announced on Sept. 8, allows Forex Crown’s clients …

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Forex Industry News

FCA Warns against Fraudsters using Clone DuPont Website

September 16, 2014 - by - Leave a Comment

U.K.’s financial regulator, the Financial Conduct Authority has warned that fraudsters have cloned DuPont Financial, DP Global Services and DuPont FX. This means the crooks are using particulars of the …

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Forex Industry News

The World MoneyShow Toronto–October 16-18

September 15, 2014 - by - Leave a Comment

US and Canadian equity markets trading near all-time highs amid record-low volatility has many pointing to a sense of “complacency” in the markets, like it’s possible that the “easy money” …

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Forex Industry News

India’s, Pakistan’s Foreign Exchange Reserve Drop in Week to Sept. 5

September 14, 2014 - by - Leave a Comment

India’s foreign exchange reserves plunged by $1.327 billion for the week through September 5 after the Reserve Bank of India offloaded dollars to curb currency volatility. The Indian currency got …

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