Search Results for: European Commission
Euro short-squeeze stage set as currency tests three-month high
September 27th, 2018
Euro bears are holding tight, setting the common currency up for a potential short squeeze that could turbocharge a burgeoning rally. Hedge funds and other large speculators have been adding to their euro short positions, according to the latest ...
Hedge funds are betting big against sterling
September 25th, 2018
Hedge funds are betting big against sterling, the most since May last year. And following last week’s Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest on record. Funds and speculators ...
Positions, problems and prospects of EU ‘digital tax’ proposal
September 14th, 2018
Explained: The EU ‘Digital Tax’ Scramble EU finance ministers met last weekend for the fourth time this year to agree on a tax levy targeting large digital multinationals such as Apple, Facebook and Google – yet the political battle ...
Early Forex Review: Euro, sterling rise on hopes for Brexit deal
September 11th, 2018
The euro and sterling rose against the dollar on Monday after the European Union’s top negotiator said an agreement for Britain to leave the economic bloc might be reached in the coming weeks. The pound in particular had been ...
Bitcoin dropped sharply falling $500 in just over an hour; Other cryptos fell even more sharply
September 6th, 2018
Cryptocurrency prices plunged across the board suddenly and sharply Wednesday morning, seemingly with no clear reason. Having been steady at about $7,350 a coin during most of trading during both Asian and European morning hours, bitcoin lost more than ...
EU finance ministers to discuss proposals to adopt a tax on companies’ digital turnover
September 6th, 2018
European Union finance ministers will this week discuss proposals to adopt a tax on companies’ digital turnover by the end of the year, a document prepared by the Austrian presidency of the bloc said. EU governments agree that tax ...
The EU is taking another look at regulating crypto
August 30th, 2018
Cryptocurrency traders and issuers of virtual currencies are in for a fresh round of scrutiny from European politicians. Finance ministers from the European Union’s 28 member states will discuss a host of challenges posed by the growing popularity of ...
Data protection complaints in UK doubled since GDPR took effect
August 28th, 2018
The number of data protection complaint reported to UK regulators has nearly doubled since the introduction of new data protection laws, the Information Commissioner’s Office (ICO) has said. Saturday marks three months since the General Data Protection Regulation (GDPR) ...
ESMA agreed to renew prohibition on Binary Options for a further three months
August 27th, 2018
The European Securities and Markets Authority (ESMA) has agreed to renew the prohibition of the marketing, distribution or sale of binary options to retail clients, in effect since 2 July, from 2 October 2018 for a further three-month period. ...
A new legal challenge to Brexit is filed
August 17th, 2018
The UK in EU Challenge group, an anti-Brexit organization consisting largely of British expatriates living in Spain, France and Italy, filed a new legal challenge to Brexit Tuesday alleging that the referendum vote was not a fair vote and the ...
