Deutsche Bank AG is a the biggest German bank, with its headquarters in Frankfurt. It has more than 100,000 employees in over 70 countries, and has a large presence in Europe, the Americas, Asia-Pacific and the emerging markets. In 2009, Deutsche Bank was the largest foreign exchange dealer in the world.
Shares of Deutsche Bank AG (DB) declined as much a 5% in early trading session on July, and more ever since, after the German banking group reported a 98% decline second quarter profits, driven by costs related to the company's massive restructuring efforts. Sources inform that 3 major banks are in trouble, and these 3 banks are fighting every single night to fight off insolvency and failure. He says CitiGroup in New York, Barclays in London, and Deutsche Bank in Germany- every single night are in trouble. While debt trading revenue climbed 22 percent at the top U.S. investment banks in the quarter, Deutsche Bank's fixed-income trading revenue fell 19 percent. In foreign exchange, performance was flat, a sign that restructuring is preventing the bank from getting the most out of the market action.
How Central Banks Impact the Forex Market
The implementation of such policy is highly monitored and anticipated by forex traders seeking to take advantage of resulting currency movements.
>> Read more here
EMERGING MARKETS-Latam stocks fall ahead of Fed meeting, forex mixed
By Agamoni Ghosh March 20 (Reuters) - Latin American stocks fell in broad-based declines on Wednesday as investors avoided riskier assets ahead ...
>> Read more here
Australian jobs data to drive odds for more stimulus ' Forex News Preview
Australian employment figures will be carefully watched on Thursday at 0030 GMT as the central bank keeps relying on a tighter labor market to ...
>> Read more here
Maersk Line increases its rates from Asia
Maersk Line announces an increase in rates, as follows: ... Origins, Destinations, Commodity, Rate levels (USD), Effective start date, Effective end date.
>> Read more here
USD to JPY Rates on 3/19/2019
Historical exchange rate from US Dollars (USD) to Japanese Yen (JPY) for March 19, 2019.
>> Read more here
When is the Fed interest rate decision and how could it affect DXY'
The Federal Reserve is widely expected to keep interest rates on hold at the 2.25 ... The statement may influence the volatility of USD and determine a ...
>> Read more here
Pound US Dollar Exchange Rate Under Pressure As May Pushes For Short Brexit Extension
News that Theresa May will only ask for a three month extension to the Brexit deadline saw the Pound Sterling to US Dollar (GBP/USD) exchange rate ...
>> Read more here
Dollar steady ahead of Fed decision; sterling slides
NEW YORK, March 20 (Reuters) - The U.S. dollar was little changed against a ... which is expected to offer clues on the direction of U.S. interest rates.
>> Read more here
