Search Results for: currency market
Dollar rally fizzles on euro bounce; German inflation in focus
June 29th, 2018
The dollar turned lower on Thursday, giving up early gains as rising inflation in some German regions prompted some traders to buy the euro, though rebalancing flows for the half year checked sharp losses. With concerns about trade dominating ...
Update: European shares fall; Pan-European STOXX 600 and Germany’s trade-sensitive DAX were down
June 28th, 2018
Trade tensions and political concerns again weighed on European shares on Thursday as investors positioned for a potentially divisive European Union summit. Having clawed back some ground on Wednesday, the pan-European STOXX 600 and Germany’s trade-sensitive DAX were down ...
The dollar held steady against a basket of currencies
June 27th, 2018
The dollar held steady against a basket of currencies on Wednesday, its earlier bounce from two-week lows flagging amid lingering trade conflict concerns. The dollar index against a basket of six major currencies was steady at 94.652 after gaining ...
44 Bitcoin forks have emerged within 10 months, crypto investors not convinced
June 26th, 2018
Bitcoin Private, Bitcoin Diamond, Bitcoin Gold, Bitcoin Atom, Bitcoin Candy, and Bitcoin Pizza are some of the 44 bitcoin forks that have emerged since the initial Bitcoin Cash hard fork in August of last year, as TNW reported. Within ...
Bitcoin falls below $6,000 but crypto trader says it’s ‘not dead’
June 25th, 2018
Bitcoin fell below $6,000 on Friday, but bitcoin bull Brian Kelly told CNBC that the popular cryptocurrency is “not dead.” “This is not the funeral for bitcoin whatsoever,” Brian Kelly, founder and CEO of BKCM LLC, an investment firm ...
Key Brexit vote likely to prompt volatility in GBP/EUR
June 21st, 2018
MP’s are set to debate the government’s Brexit withdrawal bill for the second time today, after the House of Lords voted to amend the bill and send it back to the lower house on Monday. The key point ...
Cryptocurrencies fall as Korean Exchange says $32 Million of coins stolen
June 20th, 2018
Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was the victim of a theft, renewing concerns about the safety of digital-asset trading venues. Bithumb, ranked by Coinmarketcap.com as the world’s seventh-largest crypto exchange ...
Living Dangerously
June 18th, 2018
Regular readers of Goldmoney’s Insights should be aware by now that the cycle of business activity is fuelled by monetary policy, and that the periodic booms and slumps experienced since monetary policy has been used in an attempt ...
Dollar in best week since 2016; Asian stocks traded mixed Friday
June 15th, 2018
Asian stocks traded mixed Friday as plans for U.S. tariffs on Chinese imports revived concerns about global trade growth. The dollar extended gains, heading for its best week since 2016 after the Federal Reserve signaled further tightening in 2018 ...
The dollar edged up to a three-week high against the yen
June 12th, 2018
The dollar edged up to a three-week high against the yen on Tuesday amid hopes that the closely-watched U.S.-North Korea summit can pave the way towards a reduction in tensions between the two old foes. U.S. President Donald Trump ...
