Financial News
Dollar Index Boosted by Weaker Euro, Gains Limited by Surge in Yen
The U.S. Dollar finished mixed against individual currencies last week, but because of the weighting, the Dollar Index finished higher for the week. The Euro represents 57.6% of the index, the Japanese Yen 13.6%, the British Pound 11.9%, the Canadian Dollar 9.1%, the Swedish Krona 4.2% and the Swiss Franc
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Bitcoin Sees Red Again. Is a Weekend Rally around the Corner?
Economic News
ALL ECONOMIC NEWS
U.S Mortgage Rates Up Again, Making It 15 Weekly Rises this Year!
Mortgage rates were on the rise once more, with rates hitting 4.66%, the highest level since May 2011’s 4.71%, according to figures released by Freddie Mac, the upward trend reported to have been the most sustained rise in rates in over 40-years. According to Freddie Mac, rates have risen in
Forex News
ALL FOREX NEWSDollar Index Boosted by Weaker Euro, Gains Limited by Surge in Yen
The U.S. Dollar finished mixed against individual currencies last week, but because of the weighting, the Dollar Index finished higher for the week. The Euro represents 57.6% of the index, the Japanese Yen 13.6%, the British Pound 11.9%, the Canadian Dollar 9.1%, the Swedish Krona 4.2% and the Swiss Franc
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Cryptocurrencies News
ALL CRYPTOCURRENCIES NEWSBitcoin Sees Red Again. Is a Weekend Rally around the Corner?
Bitcoin slipped 1.58% on Friday, reversing Thursday’s 1.08% gain, to end the day at $7,456.8.A move through to a morning high $7,654.1 fell short of the day’s first major resistance level at $7,783.93 and 23.6% FIB Retracement Level of $7,906.4 before reversing. Bitcoin fell to an intraday low $7,318.2 in
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ICO News
ALL ICO NEWS
SPINDLE Project Goes in High Gear, to Be Listed on FIVE Cryptocurrency Exchanges
BLACK STAR&CO., co. ltd, (hereinafter referred to as “BLACK STAR&CO,” head office: Chiyoda Ward, Tokyo, CEO: Masamitsu Hirai) has announced that, as part of the SPINDLE project it has been promoting in conjunction with its partners both home and abroad, its SPINDLE tokens (hereinafter referred to as “SPD”) have been
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Commodities News
ALL COMMODITIES NEWS
Gold Underpinned by Safe Haven Demand, Lower Treasury Yields
Dollar-denominated commodities like copper and gold finished lower on Friday, but a steep sell-off in crude oil grabbed most of the headlines. While the metals may have been influenced by a stronger U.S. Dollar and some light safe-haven buying, crude oil was pressured by expectations of increased OPEC-led production in
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Opinions
ALL OPINIONS
Will The Price Of Bitcoin Drop To Zero As Forecasted By Vanguard Economist?
Bitcoin (BTC) is the perfect example of what the cryptocurrency market can achieve and the opportunities that it offers. It was the first digital currency to be introduced and has experienced phenomenal growth especially in the past one year. However, the price has since then been dropping but Joe Davis,
How will U.S. Sanction on Iran Impact on the Global Markets?
While there are many words that may be used to describe Donald Trump’s tenure as U.S. President, ‘dull’ is certainly not one of them. A list of his recent endeavors definitely makes for interest reading, from initiating a trade war with China to withdrawing from the controversial Iran Nuclear Deal
A Fork on The Road: Bitcoin Cash Hard Fork Pursues Bigger Block Size
Cryptocurrency forks are no longer a new concept especially owing to the many that have happened recently. The Bitcoin Cash is the latest cryptocurrency to benefit from a hard fork, with the main goal being the expansion of its block size and enhance the functionality of its network.Hard forks are
Goldman Sachs, JPMorgan, NASDAQ And Others Have Big Plans for Cryptocurrencies
Director of Financial and Risk Innovation at Thomson Reuters Sam Chadwick said that conversations with various clients have revealed that many hedge funds and other asset managers are showing increased interest in adding crypto to their portfolios. The increased enthusiasm is in line with a recent Thomson Reuters survey that
Global Warning from Economic Warming?
The threats keep coming, Russia, Syria, Brexit, Inflation, trade wars, radioactivity, Middle East and Korea. The IMF report and the Global Financial Stability report did not help allay my concerns, instead, it added to them. Add to that, 75% of the ultra rich say a recession is likely in the
How Close are We to a Stock Market Crash?
Could the bull market be over, and a stock market crash be imminent? In late April the Dow Jones Industrial Average sank more than 420 points, just under two percent, which leads some experts to claim that stocks have peaked. In addition, as US bond yields reached 3%, funds will slowly
Brokers News
ALL BROKERS NEWS
RoboForex has Introduced an Opportunity to Buy Bitcoin Using Fiat Currencies
RoboForex, an international financial company, introduces an opportunity to buy Bitcoin (BTC) for fiat money. This innovation will allow the Company’s clients to buy BTC, perform trading operations with this asset, and convert the cryptocurrency back to fiat money. Along with an opportunity to buy Bitcoin, RoboForex clients can benefit
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