Search Results for: currency market
Emerging market currencies are recovering
October 18th, 2018
Emerging market currencies are recovering as U.S. Treasury yields and the dollar falls back from the highs that sparked sharp falls across the developing world. Still, investors expect further volatility for emerging markets, given continued trade tensions between the ...
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 ...
Crypto market added $34 billion to its valuation; Bitcoin has retraced slightly
September 25th, 2018
Since September 18, within six days, the crypto market added $34 billion to its valuation. After a massive short-term rally, Bitcoin has retraced slightly, leading other major cryptocurrencies to fall by 3 to 5 percent. While Bitcoin recorded a ...
Asia stocks build on rally; These are the main moves in markets
September 21st, 2018
Asia stocks are set to cap the strongest two-week rally since February as investors take in evidence that escalating trade tensions have yet to hurt global growth and China’s moves to support its expansion. With the world’s expansion intact ...
European stocks end lower; What is driving the market?
September 14th, 2018
Europe’s main stock gauge gave up modest early gains to close slightly lower on Thursday, with the U.K. leading the way lower as the pound strengthened against a broadly weaker U.S. dollar. What are markets doing? The Stoxx Europe ...
Cryptocurrency ether plunges again, decoupling from bitcoin
September 13th, 2018
Ether, one of the best-performing cryptocurrencies during the boom last year, is taking another nose dive on Wednesday. The world’s second largest cryptocurrency fell 8 percent to a low of $170.34, bringing its drop since the high in January ...
U.S. Dollar slides as demand grows for emerging-market currencies
September 13th, 2018
The U.S. dollar slid Wednesday as hopes for easing trade tensions between the U.S. and China helped boost demand for emerging-market currencies. The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, fell for ...
US Securities and Exchange Commission halts trading in two cryptocurrency products
September 10th, 2018
The U.S. Securities and Exchange Commission (SEC) said on Sunday it was immediately suspending trading in two investment products that track cryptocurrencies, citing confusion in the markets over whether the products are exchange-traded funds (ETFs). In accordance the SEC’s ...
The world’s second-largest cryptocurrency Ether plunges more than bitcoin
September 7th, 2018
Ether was the star cryptocurrency last year, way outperforming its predecessor bitcoin. But 2018 has been a different story. The world’s second-largest digital asset is down 76 percent this year and can’t seem to catch a break. Investor patience ...
Spotware Launches cXchange Cryptocurrency Exchange Solution
September 3rd, 2018
Spotware, an award-winning financial technology provider and a developer of popular cTrader trading platform, has launched cXchange, a cryptocurrency exchange solution that allows anyone to start their own exchange. This makes Spotware the first professional developer of trading platforms ...
