OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Federal Reserve issues FOMC statement
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals through FOMC. The coronavirus outbreak…
FCA and City Corporation Collaborate to Help Innovative…
The FCA and the City of London Corporation will collaborate on the pilot of a ‘digital sandbox’ to support innovative firms tackling challenges caused by the coronavirus (Covid-19) pandemic. The strategic partnership will see both…
FX Stuck, Stocks Gain Ground, Defy Continued Spike…
Summary: FX markets were mostly uninterested, trading within recent ranges to closed little changed on Friday. On balance, the US Dollar was modestly lower against most of its rivals. Equities rallied in Europe and the…
Report Finds Mixed Bag For Markets Recovering from…
SIFMA is the Securities Industry and Financial Markets Association, and that organization recently released a report on how markets have responded to coronavirus. The verdict from SIFMA is mixed. “Market performance has been a mixed…
Dollar Falls, Upbeat Services Data, China Rebound Trump…
Summary: Markets cheered a stock market rally in China, shrugging-off the continuing rise of new coronavirus cases in the US and other hotspots around the world. Upbeat global Services data released on Thursday from China…
Coronavirus and CARES Act
Chairwoman Waters, Ranking Member McHenry, and other members of the Committee, thank you for the opportunity to testify today to discuss the extraordinary challenges our nation is facing against the Coronavirus pandemic and the steps…
Federal Reserve Board releases results of stress tests…
The Federal Reserve Board on Thursday released the results of its stress tests for 2020 and additional sensitivity analyses that the Board conducted in light of the coronavirus event. "The banking system has been a…
FED: Introductory Comments
Thank you, President Mester and Treye Johnson, and thanks to everyone for joining us. My job today is to listen, so I will keep my remarks short. But I do want to say that these…