Search Results for: dollar
Sterling resilient as Britain pursues Brexit deal change
January 31st, 2019
Sterling recovered on Wednesday after declines triggered by the UK parliament’s rejection of amendments to delay Brexit, as investors bet the government would still avoid exiting the European Union without an agreed divorce deal in place. Growing expectations that ...
The pound’s world-beating rally is unsustainable; Money managers
January 29th, 2019
The pound’s world-beating rally is unsustainable as traders are over-optimistic about the way forward on Brexit, according to money managers. Sterling has gained more than 3 percent versus the dollar this year, the most among its Group-of-10 peers, on ...
$5 Billion wiped out of Crypto: Bitcoin below $3,500 could spell trouble
January 21st, 2019
In the past 24 hours, the crypto market has experienced a slight decline in valuation from $224 billion to $219 billion as the Bitcoin price dropped to $3,500. Previously, traders said that a drop below the $3,500 mark could ...
Crypto market begins to fall rapidly again; Bitcoin below $3,500
January 14th, 2019
Bitcoin fell below $3,500 as $5 billion was wiped out of the crypto market, and major digital assets like Ethereum recorded a six percent drop against the U.S. dollar. The 4.8 percent drop in the combined valuation of all ...
Once ‘the most hated metal’, silver is now in an uptrend
January 10th, 2019
The precious metal silver is seeing a strong start in 2019, with prices near their highest levels in almost six months. It is a great buying opportunity for investors now, metal analysts say. Continued financial market volatility and a ...
Recession And Stocks In Free-Fall: Michael Pento’s 2019
January 9th, 2019
Money manager Michael Pento has been bearish on both stocks and bonds for some time. 2019 is the year, he says, when the big crash finally arrives. “Some Predictions for 2019 Bond Yields Continue to Fall in First Half ...
Markets are all about flows
January 8th, 2019
This article looks at prospective supply and demand factors for financial assets in the New Year and beyond. Investors should take into account money flowing into and out of financial assets as well as stock flows, particularly escalating ...
Europe bets on bug bounties in fraud fight
January 8th, 2019
The European Commission (EC) is beginning the new year with a major commitment to fight fraud – and is turning to the world of white hat hackers to help them do it, reports David Penn at Finovate. The EC ...
Stocks across Asia kicked off the week with strong gains; Events investors focus on this week
January 7th, 2019
Stocks across Asia kicked off the week with strong gains after soothing Federal Reserve comments and an easing of monetary policy in China stoked a renewed appetite for risk assets. The dollar fell to the lowest in more than ...
The Arrival Of The Credit Crisis
January 2nd, 2019
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anyway. The timing had recently become apparent as well, and in early August I ...