“The substantial real effective appreciation over the past year has brought the exchange rate to a level that is no longer undervalued,” said the IMF mission to China, which is led by its deputy director of Asia and Pacific Markus Rodlauer...
On Tuesday the dollar extended gains against its peers, rising to eight-year highs against the yen boosted by expectations for higher U.S. interest rates later this year. Meanwhile, the euro was under heavy selling pressure, as Greek fears continued to linger...
Nonetheless, as the company does not charge fee’s it pays all of them including PayPal//WesternUnion/MoneyGram/Bank Transfer customers will feel at home when transacting with it. BTC Flap’s Marketing Manager Jim Walsh showed his enthusiasm with their latest gift idea to the potential customers...
New Income Tax Guidelines for Swedish Bitcoin Miners Announced Swedish Tax Authority Skatteverket had published new income tax guidelines for the local Bitcoin miners last month, which recently was unearthed in a reworded version...
On Monday the greenback was higher against its peers, supported by U.S. data showing that consumer prices rose for a third straight month in April and comments by Federal Reserve Chairwoman Janet Yellen...
"Spain's leftist and right-center parties punished the ruling Popular Party in the regional and municipal elections," scream newspaper headlines today. Indeed, the PP suffered its worst result in 20 years with regards to local elections...
On Monday the greenback rose against the yen approaching its year high in Asian trade, extending gains after positive U.S. inflation data and Friday's comments by Federal Reserve head Janet Yellen...
The greenback surged vs its peers after data indicated that consumer prices rose at the fastest pace since January 2013 - signaling that inflation in the U.S. may be close to the Federal Reserve's target. The dollar now logged its first weekly gain against the euro in five weeks. It was up 2...
The euro remained higher against the U.S. dollar on Thursday, as investors locked in profits after the recent rally and were reluctant to put on strong dollar positions, so they are lagging what you can see in terms of economic data. Some disappointing U.S...
On Thursday the greenback slid against its rivals, as markets digested the Federal Reserve's minutes from its most recent meeting, which signaled that an interest-rate hike in unlikely in the midyear...
On Thursday the British currency rose against the other major currencies in European trade, after data showed that UK retail sales climbed higher than expected in April. The new data spurred hopes that Britain's economic growth may accelerate in the second quarter...
On Thursday the single currency was steady at two-week trough against the dollar after the minutes of the Federal Reserve’s latest meeting did little to alter expectations that it will hold off on raising rates until later this year...
On Thursday the greenback declined against the yen in Asia trade, with gains limited by profit taking and selling by Japanese exporters after a recent rally that brought the greenback to a two-month high...
The dollar hit a two-month high just above 121 yen on Wednesday and extended gains against the euro to a three-week high, as the euro extended the previous session's sharp falls after the ECB comments...
In a nutshell, Bank of America analysts called on their clients to be dollar bullish, reiterating their positive forecasts for dollar-yen pair, dollar-euro pair and U.S. Treasuries...
On Wednesday the dollar reached a two-month peak against the yen and extended its gains vs the euro in Asia trade, boosted by positive U.S. data and comments suggesting a front-loading of European Central Bank bond purchases...
On Tuesday the dollar strengthened broadly against its peers, as soft data from the euro zone and the U.K. undermined market sentiment and as market players awaited the Federal Reserve's upcoming policy statement...
On Monday the greenback was moderately higher against the yen in Asia, supported by a bout of buying early in the session that ultimately failed to gather wider momentum...
By Brent Radcliffe AAA | Since the early 1990s, there have been many cases of currency investors who have been caught off guard, which lead to runs on currencies and capital flight. What makes currency investors and international financiers respond and act like this...
"The euro rally has continued today despite more stable German bond markets, suggesting the move is being driven by a weaker dollar," Barclays wrote in a note on Thursday...
