Tag Archives: Currency

Mr. Yen Says Trump Victory Doesnt Change Currency-Market Trend

Former Japanese top currency official Eisuke Sakakibara said Donald Trumps election victory doesnt change the outlook in the money markets, and the yen around 100 per dollar is no problem for countries around the world third-largest economy. The ongoing veer of gradual persuasivenes in the Japanese money against its U.S. counterpart is very likely continue, … Read More

The Worlds Biggest Wealth Manager Wont Touch Bitcoin

UBS Group AG, the world’s largest opulence director, isn’t is fully prepared to build portfolio quotums to bitcoin because of a lack of government omission, the bank’s chief asset polouse said. Bitcoin has also not reached the critical mass to be considered a viable money to invest in, UBS’s Mark Haefele said in an interview. … Read More

Dollar Slide Deepens as Euro Strength Saps Stocks: Groceries Wrap

Despite a U.S. vacation, the dollar dominated trading on Monday as it headed for a fourth daytime of rejects, diluting against every major currency. The euro’s rush weighed on European inventories, while golden gained. Bloomberg’s dollar index approached its lowest level in three years as the euro increased additions that have pushed it to the … Read More

Mysterious Swiss Franc Slide Shows Reach of Russia Sanctions

Mysterious Swiss Franc Slide Shows Reach of Russia Sanctions By Anooja Debnath @anoojad More storeys by Anooja Debnath Updated on Swiss money puts on daytimes chao supports other sanctuaries Investors nervous as sanctions dent Swiss refuge: Swissquote

As Bitcoin Sinks, Crypto Bros Party Hard on a Blockchain Cruise

When 600 cryptocurrency addicts set sail from Singapore on Monday evening for the second largest annual Blockchain Cruise, the cost of Bitcoin was poising comfortably above $13,500. By the time their 1,020 -foot-long ship gathered into Thailand on Wednesday, for the purposes of an afternoon of boundless potions and crypto-focused talks on a sun-soaked private … Read More

What Will Italys Referendum Mean for the Euro?

Investors reeling from democratic collapses in Britain and the U.S. are worried about Italys future in Europes monetary confederation. Theyre concerned that a defeat for Prime Minister Matteo Renzi in the Dec. 4 constitutional-reform referendum would undercut the nations unstable political stability. Yet attracting Italy out of the euro doesnt seem to be an imminent … Read More

1MDB Blot Overshadowed by Oil Means Ringgit Rally to Top Forecaster

A stormy year for the Malaysian ringgit shows the volatility that can occur when domestic upheaval crashes with shiftings in global markets. The best-performing emerging-Asia currency in the first three months of 2016 has already become the worst this one-quarter after the state-run 1Malaysia Development Bhd. money defaulted on a attachment. International actions may hitherto … Read More

Broths Wane on Earnings as Draghi’s Remarks Spur Euro Slide

Stocks halted a two-day rally as sellers analyse earnings from some of “the worlds” largest business. The euro fell after Mario Draghi said the regions central bank hasnt considered spreading or tapering stimulus. Equities slumped as lackluster predicts from Nestle SA to EBay Inc. outweighed optimism with American Express Co. and Deutsche Lufthansa AGs projections. … Read More