If yesterday was a tough day for FX traders, today it’s the brokers themselves feeling a brutal hangover from the huge move in CHF. The Swiss National Bank yesterday announced that it would cease to defend the CHF1...
Important announcement Submitted on Fri, 16/01/2015 - 12:00; The recent move on the Swiss franc caused by the Swiss National Bank’s unexpected policy reversal of capping the Swiss franc against the euro has resulted in exceptional volatility and extreme lack of liquidity...
Currency trading platform Forex.com on Thursday suspended trading in Swiss francs due to the surge in franc volatility after the Swiss National Bank unexpectedly abandoned the currency's exchange rate cap against the euro...
Some retail foreign exchange brokers and trading houses in Asia have been hit by massive losses from Swiss National Bank's (SNB) sudden move to abandon a cap on its currency that led to heavy volatility, with one even being forced to close...
Casualties from Thursday's astonishing boom in the value of the Swiss Franc are rolling in this morning...
A-Hole Move & Extremely Poor Decision Making Skills Exhibited by the Incompetent People Who Run the Swiss National Bank! The Following Charts Display Major Currencies that Trade Against the CHF. Google+ Link Twitter Link Part 1 Twitter Link Part 2...
EXCEL MARKETS - CRITICAL NOTICE 15 Jan 2015 The dramatic move on the Swiss franc fueled by the Swiss National Bank's unexpected policy reversal of capping the Swiss franc against the euro has resulted in rare volatility and illiquidity...
We’ve reached out to some brokers to help sooth client nerves amidst all the confusion. Shares of FX brokers are down big today and people are worried. We heard from the people at City Index, here are the comments from a spokesman...
January 14, 2014 Santiago, Chile Well at least someone finally had the candor to just come out and say it. In the wake of recent terror attacks in Europe, British Prime Minister David Cameron has called for an end to secure communications technology...
The biggest bank in the US, JP Morgan Chase, signalled it had to face a fresh wave of fines after incurring more than $1bn in legal charges in the last quarter of 2014...
GoPro shares fell 12 per cent impacted by the news Apple was granted a patent for an action camera, which suggested that the two consumer electronics companies might one day go into direct competition, as the Financial Times reports...
Last month British consumer price inflation (CPI) plunged to its lowest level in over 14 years, easing a squeeze on consumers. It looks set to fall further leaving the Bank of England under no pressure to raise interest rates soon, as Reuters reports...
As the forex industry evolves and information and technology permeate our lives with such an astonishing rate, there is a constant need for better products and even more efficient services that put the user in control...
By Bill Bonner in Rancho Santana, Nicaragua It took only 48 hours. And France took the bait. Rather than declare the murder of the Charlie Hebdo cartoonists a crime, which it surely was, French prime minister Manuel Valls turned an act of murder into an act of war, which it surely wasn't...
According to a final estimate released by the State Statistics Service (Rosstat), Russia’s inflation hit 11.4% in 2014 reaching its highest level since 2008 when consumer prices rose by 13.3...
According to David Kostin, Goldman Sachs's chief U.S. equity strategist, U.S. stock markets will experience a pullback from their record highs at the end of February...
The UK's deficit in goods and services was £1.4bn in November, compared with £2.2bn in October, according to the Office for National Statistics. However, it said this reflected a fall in the value of imports rather than an increase in export activity. Imports fell £1...
Damac Properties Dubai Co., buildig Hollywood themed apartment towers, climbed in debut trading in the emirate, adding as much as 21 percent before trading 1.8 percent higher at 2.84 dirhams at 11:57 a.m. local time...
A landmark legal opinion this week will remind the European Central Bank of the limits it faces as it advances towards money printing, while a tumbling oil price saps inflation in debt-strained Europe...
Market movers ahead The risk of deflation will again be in focus in the coming week, as inflation figures are scheduled for release in the US, Sweden and Denmark. US inflation in December 2014 looks set to hit a five-year low at 0.8% y/y...
