Search Results for: currency market
CEX.IO Bitcoin Exchange Launches Ethereum Trading
April 15th, 2016
CEX.IO Bitcoin exchange launched trading Ethers, currency used by the Ethereum decentralised platform that runs smart contracts. Following trends, CEX.IO has expanded the range of currencies traded on the exchange with ETH/BTC and ETH/USD. Famous for user-friendly experience of buying ...
Oil crisis? Here is how Saudi Arabia plans to shake up its economy
April 14th, 2016
In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia’s economy could survive an era of cheap oil. In late February, several hundred Saudi officials, company ...
The Monetary Authority of Singapore has issued a Monetary Policy Statement
April 14th, 2016
INTRODUCTION 1. In October 2015, MAS kept the Singapore dollar nominal effective exchange rate (S$NEER) policy band on a modest and gradual appreciation path, but reduced its rate of appreciation slightly. There was no change to the width of the ...
Emerging Currencies Halt Rally as Singapore Flags Growth Risks
April 14th, 2016
Malaysian ringgit leads declines after Singapore eases policy Won sinks on Korean election shock as dollar extends advance Emerging-market currencies fell for the first time in six days as Singapore surprised markets by easing monetary policy, spurring speculation other ...
FC Exchange joins Saxo Payments Banking Circle
April 13th, 2016
Saxo Payments, the global transactions services provider, is starting a new partnership with currency broker and international payments solution provider, FC Exchange. Under the new agreement, the Saxo Payments Banking Circle will help FC Exchange deliver sophisticated solutions, across ...
Global Capital Flows: Why No Crisis (So Far) This Time?
April 12th, 2016
Here’s the puzzle. Outflows of international capital from emerging markets around the world played a key role in causing financial shocks and steep recessions all over the globe in the late 1990s, including the east Asian financial crisis affecting ...
Mysterious billionaire inventor of Bitcoin expected to reveal his true identity
April 12th, 2016
Tech world braces for big news as rumours about the identity of digital currency’s shadowy creator reach fever pitch The secretive billionaire inventor of Bitcoin is preparing to finally reveal his identity, tech industry sources have claimed. A mysterious ...
Israeli internet companies offering binary options and forex are coming under scrutiny
April 11th, 2016
Scam trading is ‘dark side’ of Israel tech leap Israeli internet companies offering customers around the world the opportunity to trade in “binary options” and speculate on currency fluctuations – the “forex” markets – are coming under scrutiny. Many ...
China Foreign-Exchange Reserves Rise for First Time in Five Months
April 8th, 2016
Increase comes as the yuan has staged a recovery in recent weeks China’s foreign-currency reserves rose during March, the first increase in five months, a sign Beijing may have partially succeeded in stemming heavy capital outflows that destabilized global ...
Saxo Q2 Outlook: A social contract in tatters fuels anti-establishment voices and volatility
April 7th, 2016
A rise in political and social risk is the biggest challenge facing financial markets in Q2 2016 Saxo Bank, the online multi-asset trading and investment specialist, has today published its quarterly outlook for global markets and key trading ideas for the second quarter ...