Forex News

Tesla general counsel quits after just two months on the job

Trade Optimism High as New Talks Begin

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Optimism about a trade deal between the U.S. and China remained high on Tuesday, though Asian markets failed to reflect the sentiment, trading mostly lower in the early afternoon in Asia. Japan’s Nikkei 225 was up 0.07 percent as of 1:46 p.m. HK/SIN, but most other Asian indexes were struggling. Hong Kong’s Hang Seng Index…
Tesla general counsel quits after just two months on the job

Labor Data Lifts Sterling

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The latest labor data from the UK helped to push the Pound Sterling above the $1.29 level during London trade on Tuesday. According to the UK's National Statistics Office, average earnings excluding bonuses to the 3-month period ending in December actually improved at 3.4%, rising from the upwardly adjusted 3.3% in the previous period. The…
Tesla general counsel quits after just two months on the job

Fed Minutes, Trade Talks Move Markets - 20 February 2019

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The dollar index was modestly higher on Wednesday afternoon in Asia, propelled by the greenback’s gains against the yen, even as the currency struggled against most of its other trading partners. The index was up 0.07 percent to 96.58 .DXY as of 3:06 p.m. HK/SIN, with the dollar 0.27 percent higher against the yen, to…
Tesla general counsel quits after just two months on the job

Pound Slides on Ireland Border Issue - 20 February 2019

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The Pound Sterling edged off the recently struck 1-week peak while the Prime Minister holds out all hope that her amendment proposals to the European Commission will have been approved. Theresa May is also hoping to persuade her own Parliamentarians to modify the proposed plans or else risk crashing out of the trading bloc without…
EUR/USD: Unlikely to escape 1.12-1.16 range soon – SocGen

EUR/USD: Unlikely to escape 1.12-1.16 range soon - SocGen

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SocGen on the euro Societe Generale Research discusses EUR/USD outlook and sees a scope for the pair to continue trading in its current 1.12-1.16 range in the near-term. "The ECB released current account data for December that show European buying of foreign long-dated debt slowing, and foreign selling of Euro-denominated long-term debt slowing too. The…
German foreign min says no one wants a hard Brexit

German foreign min says no one wants a hard Brexit

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Comments from German Foreign Minister Maas We all are looking at possibilities to avoid a hard Brexit From the UK foreign minister Hunt: On tweaking the backstop, the change we're all looking for has to be of legal significance We do not believe it is possible to solve the backstop issue We need to put…
3M CEO says early 2019 performance has been largely as expected across markets

3M CEO says early 2019 performance has been largely as expected across markets

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do…
Eurozone February advance consumer confidence -7.4 vs -7.2 prior

Eurozone February advance consumer confidence -7.4 vs -7.2 prior

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do…
Belgian February consumer sentiment -7 vs -6 prior

Belgian February consumer sentiment -7 vs -6 prior

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do…
Tesla general counsel quits after just two months on the job

Tesla general counsel quits after just two months on the job

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Another executive quits Tesla Tesla top lawyer Dane Butswinkas is leaving the company, according to the Wall Street Journal. The car maker continues to make news with executives departing as shorts level accusations of fraud and colorful accounting. The company has seen two CFOs, two CAOs and five VPs of finance leave in the past…