Posts Tagged ‘forex’

FX Firms’ Employees Helping FCA And FBI To Investigate Forex Probe

by Forex Rooton September 15, 2014 12:20 pm BST
Britain’s Financial Conduct Authority (FCA) and U.S. regulators are investigating allegations that dealers at major banks colluded and manipulated key reference rates in the $5.3 trillion-a-day foreign currency market, the world’s biggest and least regulated. Investigators from the U.S. Justice Department and Federal Bureau of Investigation (FBI) are preparing to seek criminal charges against individual […]

Dubai’s First Forex World Congress (FWC) Announced; Be there

by Forex Rooton August 26, 2014 12:38 pm BST
25 August 2014 (Dubai) – A&C Events announce the first Forex World Congress (FWC) for online traders, investors and brokers, which will be held in Dusit Thani Hotel Dubai, on 4-5 December 2014. More than 2000 financial executives and specialists are expected to attend the event. The Forex World Congress will help attendees to discover […]

SFO Investigates Price Rigging in Forex Market

by Forex Rooton July 22, 2014 12:07 pm BST
The Serious Fraud Office (SFO) has launched a criminal investigation into allegations of price rigging in the £3tn-a-day foreign exchange market. The probe will look into allegations of “fraudulent conduct”, the director of the SFO said in a statement. Around 15 international agencies are investigating allegations of collusion and price manipulation. It is alleged that […]

Dollar Around One-Week Low Against Major Currencies

by Forex Rooton July 10, 2014 8:21 am BST
The dollar traded around one-week lows against a basket of major currencies on Thursday, coming under pressure after minutes of the Federal Reserve’s June meeting gave no clear indication about the timing of any interest rate rise. The Fed minutes confirmed that the U.S. central bank’s monthly bond purchases would probably end in October and […]