Search Results for: currencies
Kim Dotcom’s new Bitcoin venture will pay content uploaders
April 6th, 2017
Internet entrepreneur Kim Dotcom is rolling out a Bitcoin payment system that will allow users to sell their content uploads or charge for live video streaming. The New Zealand-based mogul recently took to YouTube where he announced a new ...
Virtual cards could displace cheques in the travel market
April 6th, 2017
With the B2B virtual card market estimated at more than $95 billion in gross spending in 2016, payment providers would do well to target the travel sector, which represents the largest single vertical volume of that spending, according to ...
Stocks Fall in Asia After Fed Balance-Sheet Signal
April 6th, 2017
Bloomberg Dollar index erases Wednesday loss; yen rises again Treasury yields steady as pace of U.S. hikes questioned Stocks slid in Asia and futures in the U.S. ticked lower after minutes from the latest Federal Reserve meeting showed that ...
Gold is marching toward $1,300
April 5th, 2017
The investor love affair with gold seems to have gotten a bit lukewarm recently, after a pretty strong start to the year. That’s why yesterday’s big move toward a key technical level got a few out there excited. The ...
Bitcoin Could Soon Be Accepted at 260,000 Stores in Japan
April 5th, 2017
Japan’s legal classification of bitcoin as a payment method is set to trigger a bitcoin boom in adoption as retailers make haste to accept the world’s most popular cryptocurrency. Late last year, Japanese officials took the formal decision to ...
Asia Shares Slump Before Data, Summit; Yen Climbs: Markets Wrap
April 5th, 2017
Investors await Trump-Xi meeting, U.S. jobs data, Fed minutes Shanghai and Taiwan shares advance after holiday breaks Asian equities slipped as investors awaited more clues on U.S. interest rates and economic growth, ahead of a meeting between Donald Trump ...
Elliott Wave Analysis: AUDUSD and GBPUSD
April 4th, 2017
Elliott Wave Analysis: AUDUSD and GBPUSD The USD is in bullish mode, now also against commodity currencies. We see a nice breakdown on AUDUSD following RBA rate decision. The following chart shows us a nice impulse to be in ...
Cryptocurrency Market Cap Soars to All-Time High Near $28 Billion
April 4th, 2017
A bullish 2017 for bitcoin and other cryptocurrencies has helped spur the overall cryptocurrency market cap through a series of highs this year, to nearly scale $28 billion over the weekend. On Sunday, April 2, the collective market cap ...
Oil edges up on weaker dollar; Libya output return weighs
April 4th, 2017
Oil prices rose slightly on Tuesday due to a weaker dollar, though a rebound in Libyan production put pressure on the market and rising U.S. drilling signaled the potential for increased supply and capped price gains. International Brent crude ...
Asia Stocks Drop as Yen Gains; Aussie Dollar Slips: Markets Wrap
April 4th, 2017
Tokyo, Sydney stocks lower; China, India shut for holidays Australia’s central bank leaves interest rates unchanged Asian stocks slipped, taking their cue from a weaker U.S. equities session, as a rising yen weighed on shares in Tokyo. The Australian ...