Search Results for: currencies
Pound tumbles 11% as Britain has voted for Brexit
June 24th, 2016
Pound Plunges on U.K. Vote to Leave the European Union All asset classes down as final result of referendum is announced Pound tumbles 11% as Britain has voted for Brexit Britian’s vote to leave the European Union battered the ...
Everything you need to know about Bitcoin and the new contender Ethereum
June 23rd, 2016
Well, if we leave the EU and the Pound plummets, there’s always Bitcoin,” a glum currency trader joked last week. “Assuming our computers still switch on after Brexit.” He was being facetious. But then the king of all currency ...
Financial technology company MyBucks starts trading today on the Frankfurt Stock Exchange
June 23rd, 2016
MyBucks – the first African focused Fintech company listed in Germany – starts trading today on the Frankfurt Stock Exchange MyBucks S.A. successfully raised EUR 15.5m in its IPO First trading day of shares at Frankfurt Entry Standard today ...
Oil slips after small U.S. drawdown; seen choppy before Brexit vote
June 23rd, 2016
Oil prices slipped on Wednesday after the U.S. government reported a smaller-than-expected inventory drawdown, and as investors fretted about Britain’s upcoming vote on whether to stay in the European Union. Crude futures rose in early trading, with global benchmark ...
Currency traders would likely dump the pound in the event of a Brexit
June 23rd, 2016
If the U.K. voted to exit the European Union (EU), currency traders would likely dump the pound and send funds into the dollar, FX pros said. The Brexit referendum, which will decide whether the U.K. remains in the 28-member ...
Pound Rises to Highest in 2016 Hours Before Brexit Vote Begins
June 23rd, 2016
Polls had indicated vote on EU membership is too close to call Foreign-exchange traders are bracing for heightened volatility The pound climbed to the strongest level this year as the U.K. prepares to vote on membership of the European ...
Oil prices above $50, buoyed by U.S. stock draw
June 22nd, 2016
Oil prices rose in Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data from the American Petroleum Institute (API) showed a larger than expected draw on stocks. U.S. crude futures’ August contract, the ...
Brexit Rules The Week
June 21st, 2016
The Brexit vote is this Thursday, so nothing else matters until then. And polls, just to make it even more stressful, have it neck and neck. See Brexit poll tracker back to even at 44-44. While we’re waiting, let’s ...
Foreign-Exchange Traders Staff Up for Brexit
June 21st, 2016
Many banks have slashed currencies-trading staff; now they are girding for an anticipated surge of activity stemming from this week’s U.K. vote Scott Schultz won’t be making any social plans for this Thursday evening. The co-head of foreign-exchange trading at ...
Bitcoin exchange Quoine raises $20m venture investment
June 21st, 2016
Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round, leveraging off the large opportunity for Bitcoin in the Japanese market, led by venture capitalists (VCs) and other ‘strategic investors’. It’s last funding round was a $2 million ...
