Search Results for: currency market
What actually is … Blockchain technology?
March 23rd, 2016
A new technology is causing a stir in the FinTech community: Blockchain has many market experts believing that it is the greatest achievement of the past decade for financial technology and the most important digital innovation since the internet ...
Dollar rises as Brussels attacks weaken European currencies
March 23rd, 2016
Dollar rises as euro weakens; yen rises on risk aversion Sterling off 1 pct on fears of rising ‘Brexit’ possibility Dollar index extends rebound from five-month trough The dollar rose on Tuesday as the euro and sterling weakened following ...
Egypt is weighing tougher regulations on foreign-exchange dealers
March 21st, 2016
Authorities targeting black market to end dollar shortage Central bank devalued the pound and raised rates last week Egypt’s central bank is weighing tougher regulations on foreign-exchange dealers, part of a broader effort to crack down on the black ...
Chinese Brokerages Rally on Revived Support for Margin Trading
March 21st, 2016
State finance agency to resume offering shorter-dated loans Everbright Securities among firms that jumped by daily limit Chinese brokerages rallied after policy makers loosened controls on margin lending, which helped fuel last year’s stock-market boom. Everbright Securities Co. was ...
Fitch reports about Cyprus’s decision to exit its three-year EU-IMF programme
March 17th, 2016
Fitch: Cash Buffer, Debt Management Support Cyprus Programme Exit Cyprus’s decision to exit its three-year EU-IMF programme ahead of schedule without a precautionary post-programme credit line reflects the sovereign’s comfortable cash position and strong debt management, which limit refinancing ...
The Rats Keep Pressing The Bar: Two Amazing Stories, One Inevitable Result
March 17th, 2016
Anyone who doubts that the global financial system has run out of (good new) ideas has only to track the recent words and deeds of central bankers and mainstream economists: Slightly-negative interest rates didn’t lead people to borrow more? ...
Why Latin American economies are turning to bitcoin
March 17th, 2016
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...
Asian Stocks Fall as Dollar Strengthens Before Fed; Oil Rebounds
March 16th, 2016
Yen weakens as Kuroda says negative rate can be cut further Crude climbs toward $37 a barrel before U.S. investories data Asian stocks fell and the dollar strengthened against most major currencies before a Federal Reserve policy review on ...
Gold is the only sound money
March 11th, 2016
This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, and implications for the future The technical situation is shown ...
FOREX-Euro pressured ahead of ECB, kiwi skids on RBNZ rate cut
March 10th, 2016
RBNZ surprises with interest rate cut, signals more easing Euro slips amid expectations of further ECB easing steps Loonie firms after Bank of Canada holds pat on policy The euro was under pressure in Asian trade on Thursday ahead ...
