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By Bill Bonner in Sao Paulo, Brazil Every day, we think we see more clearly where this is going. And every day, we are staggered by it. Our mind boggles. Our knees buckle...
Currency
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Matthew Todorovski, 15 February 2015, 01:35 #inflation
On Friday the U.S. dollar declined against its Canadian peer, as positive Canadian manufacturing sales supported the local currency, while Thursday's disappointing U.S. data continued to weigh on the greenback...
Currency
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News, 13 February 2015, 15:46 #usd/cad, forex news
MyCoin Customers Lost $US8 Million, Not $US387 Million The Hong Kong Commercial Crime Bureau is conducting a preliminary investigation into alleged illegal activities that took place in the demised Bitcoin investment firm MyCoin...
Currency
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BlondieNews, 13 February 2015, 15:11 #Cryptocurrency, bitcoin
On Friday the Australian dollar gained in Asia after central bank Governor Glenn Stevens noted driving demand in the economy would take more work, hinting the government should increase spending. The euro was higher versus the U.S. dollar on Friday...
Currency
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News, 13 February 2015, 07:51 #eur/gbp, forex news, EUR/USD
The South China Morning Post report that as MyCoin, a Hong Kong-based Bitcoin trading company, has shut down its operations, nearly 3,000 local investors may have lost combined value of more than HK$3 billion...
Currency
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BlondieNews, 13 February 2015, 03:11 #Cryptocurrency, bitcoin
The Euro is trading higher Thursday as investors welcomed that Greece will receive assistance from the ECB for banks and the announcement of the agreement for a ceasefire in Ukraine. Furthermore, the ECB's Constancio said the stimulus plan and cheaper oil will boost the european economy...
Currency
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Andrius Kulvinskas, 12 February 2015, 23:36 #EUR/USD
A continuation of the increasing buying interest is now lifting EUR/USD above the 1.1400 handle, printing fresh weekly highs at the same time...
Currency
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Andrius Kulvinskas, 12 February 2015, 18:38 #EUR/USD
EUR/USD jumped to 1...
Currency
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Andrius Kulvinskas, 12 February 2015, 17:08 #EUR/USD
Valeria Bednarik, Chief Analyst at FXStreet, notes that technicals suggest the short-term picture for cable favours the upside. Key Quotes “The GBP/USD surged to a fresh 6-week high around 1.5387 finding support in a relatively hawkish BoE Quarterly Inflation Report...
Currency
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Andrius Kulvinskas, 12 February 2015, 16:24 #GBP/USD
The NZD/USD pair recovered losses during the US session to trade above 0.74 levels. The Kiwi had weakened earlier today due to a disappointing New Zealand manufacturing activity data...
Currency
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Andrius Kulvinskas, 12 February 2015, 16:18
Valeria Bednarik, Chief Analyst at FXStreet, shares the technical setup for EUR/USD, with the pair making a new high at 1.1374 as market sentiment flips towards risk appetite...
Currency
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Andrius Kulvinskas, 12 February 2015, 15:49 #EUR/USD
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, notes that EUR/USD trades within its multi-week range, in need of a catalyst for further direction. Key Quotes “The focus has been the cease fire agreement in Ukraine combined with the outlook and potential paths for Greece...
Currency
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Andrius Kulvinskas, 12 February 2015, 15:25
On Thursday the dollar edged lower against its counterparts, after the release of weak U.S. retail sales and jobless claims data. At the same time, fears over Greece's bailout crisis continued to drive safe-haven demand...
Currency
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News, 12 February 2015, 15:14 #Bank of England, forex news
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, notes that the short-term technicals for USD/CAD are mixed, as the pair trades stronger, but within its multi-week 1.2314-1.2799 range. Key Quotes “CAD is stronger, up 0.6% but trading at the midpoint of its multi week range of 1...
Currency
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Andrius Kulvinskas, 12 February 2015, 15:03 #usd/cad
The Growth Aces Research Teamcomments on BOE’s inflation report and Carney’s statement, and further shares the trade setup for GBP/USD. Key Quotes “The Bank of England revised up its growth forecasts and predicted wages would grow faster...
Currency
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Andrius Kulvinskas, 12 February 2015, 14:43 #GBP/USD
After bottoming out in the vicinity of 0.7640, AUD/USD managed to gather traction and advanced to the boundaries of 0.7700 the figure. AUD/USD depressed by data, focus on Stevens The pair is extending the weekly decline today, remaining in the area of multi-year lows around the mid-0.7600s...
Currency
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Andrius Kulvinskas, 12 February 2015, 14:20
EUR/USD keeps intact the congestive pattern around the 1.1350 area on Thursday, stabilizing after recent tops above the 1.1500 handle. EUR/USD focus on US data The pair remains sidelined and keeps ignoring the headlines from Greece, following the recent failure in the EU-Greece debt negotiations...
Currency
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Andrius Kulvinskas, 12 February 2015, 13:47 #EUR/USD
USD/CAD shaved-off previous and dropped during the European session as the USD bulls took a backseat amid rising oil prices which boosted the loonie. Back below 1.2600 levels Currently, the USD/CAD edged lower by -0.57% at 1.2559 levels, having posted fresh session lows at 1...
Currency
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Andrius Kulvinskas, 12 February 2015, 13:27 #usd/cad
The buying interest is growing bigger around the sterling on Thursday, boosted by the hawkish tone struck by Govenor M.Carney in today’sQuarterly Inflation Report...
Currency
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Andrius Kulvinskas, 12 February 2015, 13:21
Hong Kong’s central bank has warned people against investing in virtual currencies like Bitcoin. The decision came after the bank across with local media reports that a Bitcoin exchange may have run off with $387 million in client funds. This is expected to be one of the biggest Bitcoin scandal...
Currency
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BlondieNews, 12 February 2015, 09:11 #Cryptocurrency, bitcoin