On Thursday the dollar was approaching 12-year highs against its peers, as markets expected the European Central Bank's policy statement due later in the day, as well as the weekly U.S. report on jobless claims...
On Wednesday the Canadian dollar plunged to six-year lows against the U.S. dollar on Wednesday after the Bank of Canada cut rates by 25 basis points in an unexpected move, as a response to the recent steep fall in oil prices...
On Thursday the Japanese yen and Australian dollar were volatile, ahead of a European Central Bank meeting expected to ease policy further and as China moved to aid liquidity in the market and investors took positions...
Q: What actually happened on Thursday? A: The SNB (Swiss National Bank) made an announcement that caused the CHF (Swiss Franc) to suddenly soar in value...
UK Banks Treat Bitcoin as Threat The British Bankers Association recently submitted a document to the Treasury’s consultation, mentioning the pros and cons of digital currencies...
On Wednesday the dollar traded lower against the other major currencies, after the release of mixed U.S. housing reports. Although the greenback remained close to recent 12-year highs...
On Wednesday the dollar slid lower against the other major currencies, as market sentiment improved ahead of the European Central Bank's upcoming policy statement. The greenback still remained close to recent 12-year highs...
The Australian dollar traded higher against its U.S. counterpart on Wednesday, supported by positive consumer sentiment data from Australia. The New Zealand dollar also rose vs greenback recovering after two-week lows, despite the release of disappointing New Zealand inflation data...
Here's a good documentary on PBS Frontline - The Crash. The Thai Baht vs USD. George Soros, Bill Clinton, Alan Greenspan, Robert Rubin, et al. Why pegging to another currency is not good fiscal & monetary policy?! It happens over and over again...
“The main interest has been the big euro-sterling drop and to what degree that has been inspired by anticipation of the ECB and to what degree was it aggravated by the SNB walking away from the euro-swiss floor,” said John Hardy, head of foreign-exchange strategy at Saxo Bank A/S in Hellerup, Den...
On Tuesday the greenback remained underpinned against its major counterparts, as Chinese GDP data failed to boost investor confidence and as markets expected the European Central Bank's upcoming policy statement on Thursday...
On Tuesday the euro was little changed vs the greenback, despite growing sentiment on German economy. Expectations for easing by the European Central Bank as soon as this week continued to weigh...
For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD to close at 1.1951. In the Asian session, at GMT0400, the pair is trading at 1.1976, with the USD trading 0.22% higher from yesterday's close. This morning, IMF slashed its projections for the growth of Canadian economy to 2...
On Tuesday the Japanese currency held weaker in Asia after China reported better-than-expected figures on GDP, industrial output and retail sales. The safe haven yen remained underpinned on Monday as last week’s market volatility meant that investors remained risk adverse...
BTC/USD 4H BitFinex Chart Bitcoin is still trending in a bearish bias. There are some notable attempts from the bulls’ end to shoot the price towards prevailing resistance levels. The BTC/USD moved upward after trending sideways for most of the weekend...
AUD/USD has had a quiet day on Monday, having traded sideways over the last hours after recovering from below 0.8200 as a strong fall in Chinese stocks weighed on the Aussie during the Asian session. AUD/USD bottomed out at 0.8195 but found support and managed to climb back above 0.8200...
The depressive Bitcoin value seems to have hit the cloud mining businesses hard. ZeusHash discontinues its cloud mining operations after facing a week of financial losses...
On Monday the greenback was almost unchanged against the loonie, trading close to more than five-year highs as trading volumes were expected to remain thin with U.S. markets closed for a national holiday...
On Monday the British currency rose against the U.S. dollar in quiet trade, but gains were expected to stay limited as investors locked in profits from the dollar's recent rally against its peers...
1. No more franc peg! In a surprising turn of events, the SNB announced that it would no longer defend the EUR/CHF floor at 1.2000, which was put in place back in September 2011...
