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IMF Head: Cryptocurrency Could Be the Future

October 3rd, 2017 (0)
Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are ...

Mastercard released advanced alert for cards to fight fraud

October 3rd, 2017 (0)
Mastercard, a technology company in the global payments, has issued a press release to announce that Mastercard Arms Issuers with Predictive Tool to Combat Account Related Fraud from Data Breaches New service helps reduce fraud-related costs while improving the ...

Why the Euro is in negative picture

October 3rd, 2017 (0)
The euro doesn’t look like an attractive option in the short-term given political uncertainty in regions like northeastern Spain, currency strategists told CNBC Monday. Catalonia’s separatist calls add to a negative picture for the euro, traders say The euro-dollar ...

ESMA finalises MiFID II’s Derivatives Tradings Obligation

October 2nd, 2017 (0)
The European Securities and Markets Authority (ESMA) has issued its final draft Regulatory Technical Standard (RTS) implementing the trading obligation for derivatives under the Markets in Financial Instruments Regulation (MiFIR). ESMA’s draft RTS provides the implementing details for on-venue ...

Oil prices lower after strong third quarter

October 2nd, 2017 (0)
Oil prices fell on Monday, pausing for breath after posting gains of as much as 20 percent in the third quarter, after a survey pointed to a slight increase in OPEC production in September. U.S. crude was down 13 ...

Dollar gains, euro dipped, yen fell; What to watch this week

October 2nd, 2017 (6)
Treasury yields rose with the dollar as investors contemplate prospects for U.S. tax cuts and the potential of a less dovish Federal Reserve chief. Stocks were mixed in an Asia-Pacific region affected by holidays, after China unveiled a targeted ...

South Korea bans all new cryptocurrency sales

September 29th, 2017 (0)
South Korea’s financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions in China on initial coin offerings. The Financial Services Commission said all kinds of initial ...

Swiss bank UBS probed in Germany over alleged tax fraud

September 29th, 2017 (0)
Prosecutors have started an investigation into clients of Swiss bank UBS in Germany suspected of tax evasion. According to Reuters, about 130 prosecutors and tax investigators from the city of Bochum carried out searches of premises, including UBS’ offices. ...

Elliott Wave Analysis: GBPUSD, USDNOK and Crude oil

September 28th, 2017 (0)
  Elliott Wave Analysis: GBPUSD, USDNOK and Crude oil From USD bearish point of view our favorite pair may still be GBPUSD because of overlapping decline, especially in latest stage of a decline, which is normally evidence of lower ...

Bitcoin shows that can survive and thrive without China

September 28th, 2017 (0)
Bitcoin traders have got a couple of things right lately. The digital currency can survive and thrive without China. And government regulation is positive, not negative, for the future of Bitcoin and other major cryptocurrencies. It adds credibility to ...
Broker Cyprus TopFX