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Forex Industry News

Investors Sue 12 Banks over Allegations of Forex Price Manipulation in U.S. Court

April 2, 2014 - by - Leave a Comment

Various investors have sued twelve large banks through a consolidated antitrust lawsuit that accuses the lenders of colluding to manipulate foreign exchange prices. The investors, who include among others, various …

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Forex Industry News

New Zealand and Hong Kong Regulators Join Probe into the Alleged Forex Price Rigging

April 2, 2014 - by - Leave a Comment

New Zealand and Hong Kong have entered the ongoing investigations started by other regulators by looking into whether local banks colluded in the manipulation of the foreign exchange prices. Tuesday’s …

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Forex Industry News

Webinar today: A look into Q2: Currencies taking separate

April 1, 2014 - by - Leave a Comment

Join me for a free webinar today, April 1st, at 15:00 GMT, courtesy of FXStreet. The topic is: A look into Q2: Currencies taking separate paths. The first quarter of the …

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Forex Industry News

Forex Crunch Key Metrics March 2014

April 1, 2014 - by - Leave a Comment

March saw better traffic than February, but just under the the traffic seen in March 2013. It seems that stronger volatility is needed to break to higher ground in terms …

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Forex Industry News

Swiss and British Authorities Deepen Probe into Alleged Rigging of Benchmark Rates

March 31, 2014 - by - Leave a Comment

U.K. and Swiss regulators deepened their investigation into the alleged fixing of foreign exchange markets today, as they analyzed whether banks have solid oversight over their dealers. WEKO, Switzerland’s competition …

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Forex Industry News

Economists Divided over Effect of Venezuela’s New Foreign Trading System

March 29, 2014 - by - Leave a Comment

The Venezuelan government this week introduced a new foreign exchange system as it seeks to curb black market for the greenback, which is being blamed for high inflation and food …

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Forex Industry News

UBS Suspend Forex Traders as Investigation into Alleged Forex Rates Fixing Deepens

March 27, 2014 - by - Leave a Comment

UBS AG has suspended foreign exchange dealers in Switzerland, the United States and Singapore as its probe on the suspected manipulation of benchmark rates broadened. One person is Onur Sert, …

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Forex Industry News

Forex Industry to Convene in Berlin Next Week as Tough Times Beckon

March 26, 2014 - by - Leave a Comment

The troubled foreign exchange industry convenes this week in Berlin after months of claims that members colluded to manipulate exchange rates, something the threatens its much-advocated for self regulation model. …

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Forex Industry News

HighBitCoin™ Announces Dr. Naveed Sherwani as its New Director

March 25, 2014 - by - Leave a Comment

ForexMinute.com – Renowned meet another renowned! In an announcement made today, leading enterprise scale system and software provider HighBitCoin™ has appointed Dr. Naveed Sherwani, a reputable ASIC designer, as the …

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Forex Industry News

Venezuela New Forex Mechanism not enough to Revive Ailing Economy

March 25, 2014 - by - Leave a Comment

Investors view Venezuela’s new forex system as a key measure to help improve the ailing country’s finances, but economists are sceptical whether it can access enough dollars to jumpstart the …

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