Search Results for: currency market
EUR/GBP losses seen on sterling rally
November 2nd, 2018
The Euro (EUR) has dropped off against the Pound (GBP) and most other peers today, with a stronger Pound Sterling making the single currency less appealing. A lack of supportive Eurozone data hasn’t helped matters, as Euro traders are ...
Emerging stocks find solace after October’s wild ride, currencies weaken
November 1st, 2018
Emerging stock markets gained at the end of a brutal month on Wednesday as stimulus hopes lifted Chinese shares, though a firm dollar and a plethora of uncertainties hit many currencies. Chinese stocks rise on stimulus hope after weak ...
Alexander Geralis Appointed as Chief Product Officer of cXchange at Spotware
October 30th, 2018
Spotware, an award-winning trading solutions provider, has announced an appointment of Alexander Geralis as a Chief Product Officer of cXchange, its digital asset exchange solution. In his new role, Alexander will undertake the overseeing of the product’s development and ...
Sweden’s central bank prepares for cashless future with e-krona
October 30th, 2018
Sweden’s central bank is pushing ahead with plans to build a technical framework for the issuance of a new electronic currency, the e-krona. The Riksbank started a project in the spring of 2017 to examine the scope for the ...
Gold demand up 42 percent year on year in the first quarter of 2018 among central banks
October 29th, 2018
Central banks around the world are turning to gold as an alternative to the US dollar, which they see as being undermined by America’s aggressive trade policy and geopolitical uncertainty. Demand for gold was up 42 percent year on ...
Dollar holds near 10-week high; Euro lost 1.8 percent this month
October 29th, 2018
The dollar edged higher against a basket of its key rivals on Monday, not far off a 10-week high hit after data showed U.S. economic growth slowed less than expected and as global risk sentiment remained fragile. The U.S. ...
The biggest of big pictures
October 26th, 2018
I have had a request from Mrs Macleod to write down in simple terms what on earth is going on in the world, and why is it that I think gold is so important in this context. She-who-must-be-obeyed ...
U.S. Dollar closes at highest level since 2017
October 26th, 2018
The dollar closed at its highest level in more than a year Thursday, buoyed by investors fleeing from volatile equity markets. The WSJ dollar Index, which measures the U.S. currency against a basket of 16 others, rose 0.1% Thursday ...
Sterling falls to seven-week low
October 25th, 2018
The pound fell to a seven-week low on Wednesday before British Prime Minister Theresa May was due to meet Conservative Party lawmakers, some of whom have discussed toppling her in anger at her Brexit negotiations. May is seeking to ...
Global sell-off takes toll on Latin America stocks, forex
October 24th, 2018
Latin American stocks dropped on Tuesday, led by a 1.6 percent slide in Brazilian equities, swept up in a global sell-off sparked by concerns about Saudi Arabia’s diplomatic isolation, a brewing spat over Italy’s finances and fatigued U.S. corporate ...
