Investigation has been going on for five years
Maximum fine could be 10% of international turnover
Various other banks also being investigated on similar charges
The latest news from the Eurozone forex front is that European Union antitrust regulators have charged Credit Suisse with rigging foreign exchange rates, according...
Share price surges 21% in one day
Market cap increases by $1.2bn
CFO Louden believes Roku has excellent long-term potential
Experienced traders have long known that a strong earnings report can send a firm’s stock price through the roof overnight.
In the case of Roku, it appears the market is...
Asian stocks fall from Shanghai to Singapore
Australia’s ASX 200 also drops
Social media stocks suffer in the US
Stock markets in Asia dropped on Monday following a sharp drop in the American tech sector on Friday.
South Korea’s Kospi fell 0.1% to 2,293.92 and the Japanese Nikkei 225 dropped...
US Fed announcement largely ignored
US drastically increases tariffs on Chinese imports
Asian markets subsequently report sharp losses
The decision by the US Federal Reserve to keep rates unchanged has been ignored by forex markets to a large extent so far.
What caused Asian markets to plunge sharply on Thursday...
USD/TRY reaches new highs
Best performer was CHF
USD also strengthens against EUR, NZD and AUD
The focus in forex markets on 14 August was mainly currency pairs such as USD/TRY, where the lira continued to be punished. In fact, the USD/TRY rate has broken above 7,000 for the...
USD weakens widely on Monday but strengthens against the JPY
BOE could increase interest rates this week
Fed not expected to announce rate increase
A brief look at the major currency pairs in the forex market shows that the best performer was the CHF, while the JPY ended at...
US stock markets return to positive territory
Nasdaq reaches a record high
EC cuts economic growth forecast for 2018
US stock markets returned to positive ground on Thursday after a losing streak earlier in the week.
The Nasdaq hit a record high after gaining 1.2%. The S&P 500 ended 0.8%...
Stock markets around the world suffer losses
Trump’s new tariffs on Chinese imports blamed
Possible US withdrawal from NATO also contributed
International stock markets suffered yesterday as the trade war between the United States and China became worse and reports surfaced that the US might withdraw from NATO.
On Tuesday,...
