Search Results for: currency market
Currencies threatened by a credit crisis
February 15th, 2019
In this article I draw attention to the similarities between the current economic situation and that of 1929, and the threat to today’s unbacked currencies. There is the coincidence of trade protectionism with the top of the credit cycle, ...
Euro held above a three-month low on Thursday; Australian dollar was up 0.6 percent
February 14th, 2019
The euro held above a three-month low on Thursday as improved Chinese trade data and hopes of progress in China-U.S. trade talks lifted risk sentiment, with the Australian dollar leading gains by more than half a percent. Even economic ...
Dollar rose against most other currencies
February 11th, 2019
The dollar rose against most other currencies on Monday, holding near a six-week high as fresh worries about U.S.-Sino trade tensions and global growth drove appetite for safe-haven assets. “U.S.-China talks are the big focus for the week and ...
UK pound recovered to snap five days of losses
February 8th, 2019
The pound recovered to snap five days of losses after Bank of England Governor Mark Carney said markets should keep the prospect of further interest-rate increases on the table. Sterling had dipped after the central bank warned of rising ...
ISXPay® Australian Card Processing Facilities
February 6th, 2019
Highlights ISXPay™ now accepting new merchants across multiple categories, including MCC 6211 and 7995 Includes best of class multicurrency options to complement CFD, FX & Equity brokers Incorporates full Paydentity® platform, with electronic verification, DVS and our patented payment ...
Trade wars – a catalyst for economic crisis
February 1st, 2019
In my last article I used a proven accounting identity to show that the end result of President Trump’s trade tariffs would be to increase the trade deficit, assuming there is no change in the savings rate. The savings ...
Sterling resilient as Britain pursues Brexit deal change
January 31st, 2019
Sterling recovered on Wednesday after declines triggered by the UK parliament’s rejection of amendments to delay Brexit, as investors bet the government would still avoid exiting the European Union without an agreed divorce deal in place. Growing expectations that ...
The pound’s world-beating rally is unsustainable; Money managers
January 29th, 2019
The pound’s world-beating rally is unsustainable as traders are over-optimistic about the way forward on Brexit, according to money managers. Sterling has gained more than 3 percent versus the dollar this year, the most among its Group-of-10 peers, on ...
Spotware Joins Forces with Match-Trade Technologies to Launch Complex cTrader White Label Solution
January 18th, 2019
Spotware, a leading company developing trading platforms for brokers, partners up with Match-Trade Technologies, a FX and Crypto technology provider, to bring a new quality of turnkey White Label solutions. This partnership profits from the key advantages of both ...
Weak euro lifts dollar, pound zooms on talk of second Brexit vote
January 18th, 2019
The U.S. dollar rose on Thursday against a euro dragged lower by soft economic data, while the pound took off on hopes of a second referendum on Britain’s membership in the European Union. Against the euro, the dollar strengthened ...
