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Articles by Maria Daly

IG seeks US success in retail FX

IG Group is hoping to carve out a share of the US retail foreign exchange market by offering exchange-traded access to its currency-linked contracts for difference (CFDs) to local brokers.

Loonie tunes into US dollar parity

The Canadian dollar breached parity with the US dollar for the first time in almost two years last Tuesday (March 6), and traders said the Canadian currency is set to test new highs for the year.

Traders position for yen weakness

LONDON - The close of the Japanese financial year sparked a flurry of activity at options desks last week, as speculators and hedgers bought USD/JPY calls with expectations for the yen to continue its losing streak versus the greenback.

Asia live with pooled reserves fund

HONG KONG – Asia took a crucial step towards regional independence with the introduction of $120 billion in reserve funds under the Chiang Mai Initiative Multilateralisation (CMIM) arrangement, last Wednesday (March 24).

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