Monthly Archives: October 2014

Barclays Allocates £500m for FOREX Penalties

Barclays Bank has allotted £500m for current investigations into the alleged manipulation of foreign exchange involving several primary lending institutions. This condition is bigger compared to the £290m penalty for manipulation of the Intercontinental Exchange London Interbank Offered Rate or LIBOR in

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Euro and US Dollar

The single currency was fairly lower versus the US dollar after positive third quarter growth figures in the United States raised market sentiments. The Fed’s recent policy statement showed support for the country’s currency. EUR/USD was 1.2548 during trading early in

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Strongest Currencies for the Day

Today is after two events: the FOMC and the RBNZ. With the statement, Fed was overall more hawkish while the currency of the RBNZ was more bearish. One of the strongest currencies trading today is the NZD as seen in the

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