Search Results for: currencies

Moscow Exchange Signs Cooperation Agreement with Bank of China

October 13th, 2014 (0)
Moscow Exchange and Bank of China have signed a cooperation agreement aimed at expanding collaboration between the Russian and Chinese financial markets. Bank of China President Chen Siqing and Moscow Exchange CEO Alexander Afanasiev signed the agreement during an ...

Ruble Risks Betrayal at Home in Nation’s Rush for Dollars

October 13th, 2014 (0)
More Russians are beginning to keep their cash in dollars and euros as the ruble tumbles to records amid central bank efforts to maintain control over the pace of the decline. The number of people with foreign-currency holdings rose ...

More pressure for Australian dollar after rollercoaster 24 hours

October 10th, 2014 (0)
The Australian dollar came under renewed pressure on Friday after a relatively stable week during which it settled into a new comfort zone between US86.50¢ and US88.50¢. Late in the local session, the Aussie was trading at US87.71¢, compared ...

Interview with St. Louis Fed Vice President on Bitcoin

October 9th, 2014 (0)
Dr David Andolfatto, who is Vice President of the St. Louis Federal Reserve, has been one of the most forward-looking people at central banks around the world when it comes to crypto-currencies. Here he speaks with Max Rangeley, Editor ...

Where Next? A peek through the Macro Lens

October 9th, 2014 (0)
Financial markets have been on a heady ride since the financial crisis began in 2008. It looks like we are now at a very critical juncture which will define how things play out over the next 18-24 months. There ...

I.M.F. Asks Rich Nations for Support

October 8th, 2014 (0)
The International Monetary Fund said that cash-rich countries needed to step up large public investments to help keep the flagging global recovery on track. The International Monetary Fund, showing heightened concern over a slowing world economy, said on Tuesday ...

Earnings season begins with dollar in spotlight

October 8th, 2014 (0)
The bar is low for earnings season, with a strong dollar and slowing global growth. The third-quarter earnings season kicks off on Wall Street Wednesday with the bar set low due to analysts slashing profit forecasts — but also ...

FXTM offers new trading instruments

October 7th, 2014 (0)
Forex Time (FXTM) has announced its upgrading list of financial instruments that offers to its clients. FXTM now provides more currency pairs to boost diversification in the forex market and additional opportunities to trade spot metals paired with major ...

Japanese stocks, dollar shine on upbeat U.S. jobs

October 6th, 2014 (0)
The U.S. dollar held near four-year highs against a basket of currencies and Asian shares advanced on Monday, after upbeat U.S. jobs data eased concerns over slower global growth. Tokyo’s Nikkei .N225 jumped 1.3 percent, while Hong Kong shares ...

Russia against Bitcoin use and promotion with monetary penalties

October 6th, 2014 (0)
The Ministry of Finance of the Russian Federation has published the full version of the draft bill which, if passed in current form, would effectively ban the creation and distribution of software that allows for the use of money ...
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