The ECB’s theory of quantitative easing is put to the test

Time will tell whether the European Central Bank’s (ECB) €1.1 trillion quantitative easing (QE) package will have the desired impact on the real economy. Beating deflation is the paramount objective – how many times does the ECB have to reiterate its explicit mandate of maintaining price stability? Raising…

European leaders relieved after Scotland rejects independence

European officials have expressed unconcealed relief at Scotland’s vote against independence from Britain. In Brussels, the European Commission said the Scottish vote was good for a “united, open and stronger Europe”. EU Commission President Jose Manuel Barroso said that “The European Commission welcomes the fact that during the…

OANDA:

OANDA: With its launch of fxTrade in 2001, OANDA was one of the first companies to offer fully automated online currency trading. OANDA was founded on the belief that technology and the Internet would globalise the marketplace, creating an unprecedented need for currency-related products and services. OANDA uses innovative computer…

Commerzbank- ready for business

Commerzbank is a leading German global banking and financial services company that finances more than 30% of Germany’s foreign trade. Commerzbank’s presence in the UK dates back to 1873, originating from a stake in London & Hanseatic Bank. Its FX Quantitative Solutions Group within FX Sales and Trading is headed…