New player emerges on NZ forex block (Forex Tools)

London-based online CFD and foreign exchange trading outfit IG Markets is entering the New Zealand market where it will face off against its main global rival CMC Markets which dominates the sector here. IG describes itself as one of the world’s leading providers of Contracts for Difference and forex trading services. Its New Zealand debut [...]

Forex: GBP/USD: Pound breaks below 1.5875, session low

Forex: GBP/USD: Pound breaks below 1.5875, session low FXstreet.com (Barcelona) – The Sterling has been moving in a range from 1.5880 to 1.5940 during Asian trading session, after its decline from 1.6050 high on Tuesday, to weaken, ahead of the European opening, dipping below 1.5880 session low, to trade at levels around 1.5860 at the [...]

Asian markets pick up on brighter economic outlook; Euro and Pound in range

Asian markets pick up on brighter economic outlook; Euro and Pound in range Xstreet.com (Barcelona) – Asian markets advance on strong pace on Wednesday, after two days of declines, as risk appetite increased after investor’s belief on economic recovery strengthened. Euro and Pound have remained little moved. Japanese Nikkei Index advances 1.3%, while Hong Kong’s [...]

Morgan Stanley, Moody’s, S&P must defend fraud claims

NEW YORK (Reuters) – A U.S. federal judge ruled that Morgan Stanley and two credit rating agencies must defend fraud charges in a class-action lawsuit accusing them of masking the risks of an investment linked to subprime mortgages, and which eventually collapsed. Share and Enjoy:

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