Tag: dailyfx

January 23, 2017 BY LeapRate Staff

Buy the rumor, sell the news? USD sinks as Trump Trade unwinds

The following is based on research by Ilya Spivak, Senior Currency Strategist at DailyFX, a unit of IG Group Holdings plc (LON:IGG). More of Ilya’s research can be seen at DailyFX.com. Talking Points: US Dollar drops as yields decline amid “Trump trade” unwind Yen soars, buoyed by risk aversion across most Asian bourses Information vacuum acutely…

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November 15, 2016 BY LeapRate Staff

British Pound plummets on leaked Brexit memo showing no exit strategy

The following is based on research from DailyFX analyst Nick Cawley. DailyFX is a unit of IG Group Holdings plc (LON:IGG). For more of Nick's research see DailyFX.com. British Pound Falters on Concerns that UK Brexit Plans are Incomplete During a speech to the Lord Mayor’s Banquet, UK Prime Minister Theresa May said that the country should…

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September 30, 2016 BY LeapRate Staff

IG Group buys Forex research site DailyFX from FXCM Inc for $40 million

Well it looks as if FXCM still does have some salable assets. Continuing its parade of asset sales in order to repay its high-interest loan from Leucadia National Corp (NYSE:LUK), retail forex broker FXCM Inc (NASDAQ:FXCM) has sold its very popular research, education and market news website DailyFX to UK online trading giant IG Group Holdings plc…

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