Dec 082014
Oil prices, euro hit new lows; European stocks retreat
In foreign currency trading, after touching a fresh two-year low of $1.2247, the euro picked up to stand at $1.2292 at 1700 GMT. It had stood slightly …
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European stocks retreat at close
In foreign currency trading, after touching a fresh two-year low of $US1.2247, the euro moved back as high as $US1.2292. It had stood slightly lower at …
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CFTC Bans Credit Card Use by Retail Foreign Exchange Investors
The Commodity Futures Trading Commission has imposed a ban on investors using credit cards to pay for their foreign exchange trades placed with …
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Renminbi gets ready to play a bigger role
“The yuan is primarily used as a trade settlement currency, but it is worth noting that it is steadily making progress as an investment currency. In the first …
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