Archive for July, 2015

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Forex – EUR/USD rallies over 1% after U.S. dataNasdaqInvesting.com – The euro rallied over 1% against the U.S. dollar on Friday, as downbeat U.S. data sent the greenback broadly lower and a positive report on euro zone inflation continued to support the single currency. EUR/USD hit 1.1113 during U.S …Forex – EUR/USD turns higher on EZ inflation data Investing.comForex – European Highlights Friday 31 July FXMarketAlerts.comEuro-Zone CPI to Spark EUR/USD Rebound on Sticky Inflation DailyFXall 35 news articles »

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SBT opens first no-fee forex advisory centre in ErnakulamHindu Business LineState Bank of Travancore (SBT) opened in Ernakulam on Friday the first no-fee forex advisory centre by any bank in the State. Called Regional Treasury Marketing Unit (RTMU), it will provide services including advisories and counselling on forex-related …

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News Sources wrote an interesting post today on
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Forex – USD/CAD erases gains on weak U.S. dataNasdaqInvesting.com – The U.S. dollar erased gains against its U.S. counterpart on Friday, after data showed that U.S. worker pay rose at the slowest pace since 1982 in the last quarter, although downbeat economic growth data from Canada limited the local …and more »

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Caixin Media

Forex riddle: China's foreign reserves fall for 4 straight quartersAsia TimesChina's foreign exchange reserve has been falling for four consecutive quarters, the longest period since 1998, but economists and analysts don't know why. For the second quarter, the largest forex reserve in the world fell $36.2 billion to $3.69 …China's Billion Dollar Question: Why Are Forex Figures Falling? Caixin Mediaall 2 news articles »

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News Sources wrote an interesting post today on
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CORRECTED-MOVES-RJ O'Brien appoints Tony Dalton head of forex unit (July 27)Reuters(Corrects headline and first paragraph to say Dalton was named head of the entire forex unit, not just for New York; Corrects second paragraph to say Dalton joined BofA in 2000, not 2012). July 27 (Reuters) – Chicago-based independent futures brokerage …

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