Gold dropped 2.4% Monday as upbeat economic data spurred fresh expectations that the Fed was on track to raise short-term interest rates later in the year...
Greek banks reopened Monday after a three-week shutdown. However, investors remained cautious over the finalizing of the bailout, which sent EUR/USD to two-month lows. Meanwhile, gold has hit a five-year low with investors weighing the possibility of higher interest rates in the U.S...
France's president Francois Hollande departs following all-night Greek bailout talks in Brussels on July 13, France’s Hollande Proposes Creation of Euro-Zone Government French President Francois Hollande said that the 19 countries using the euro need their own government complete with a budget an...
Greek banks to reopen Monday but cash restrictions remain As talks begin on third massive bailout for ailing eurozone member, fears of devastating bank runs remain ATHENS, Greece (AP) — Greek banks are reopening Monday after a forced 3-week closure but restrictions on cash withdrawals will remain...
Zinger (startup initially servicing the Canadian-Filipino remittance corridor) announced partnership with Coins.ph to provide instant remittance to the Philippines. The sent Bitcoin can be cashed out at a range of Philippines locations. Lorne Lantz, CEO of Zinger, said he came onboard with Coins...
After The Iran Deal To Sweeten Oil prices dropped further in Asia on Tuesday, amid signs the deal soon between Iran and Western powers that would enable Iran crude oil flows back to the global market is already saturated. A strong u.s...
On Friday the greenback saw a rise versus rivals after the release of positive U.S. inflation and housing data which added to expectations for the Fed rate hike in the near future...
U.S. stocks look set to round up their week on an upbeat note on Friday, with technology stocks set to take the lead as shares of Google Inc. climbed in premarket trading on the back of blockbuster results...
On Friday the pound edged up to nearly two-and-a-half week highs versus the greenback, as mounting expectations for a U.K. rate hike continued to support demand for sterling...
The euro fell to fresh six-week lows against the dollar on Thursday after the European Central Bank stood pat on its monetary policy. Meanwhile, fresh data from the U.S. signaled the number of people who filed for unemployment assistance in the U.S...
On Thursday the euro dropped to an eight-year trough against the pound, as sentiment on the single currency weakened before the European Central Bank's press conference and as Greece remained in focus. Meanwhile, expectations for a rate hike in the U.K. spurred demand for sterling...
On Thursday crude-oil futures logged small gains, though still trading near three-month lows after posting sharp losses in the previous session on concerns over U.S. fuel demand and a global supply glut...
Gold prices held near multi-month lows Thursday amid receding concerns over Greece's debt crisis and amid mounting expectations of a Fed rate hike later this year...
On Thursday the euro was weaker against the greenback and the yen, with investors becoming aware of monetary policy divergence in the U.S. and the eurozone...
On Thursday the Australian dollar and the euro were lower in Asia trade as investors looked ahead to the timing of a likely Federal Reserve rate hike later in 2015. Meanwhile in Europe, Greece passed an austerity bill late on Wednesday in a fiery session of parliament...
New York-based Bitcoin exchange Coinsetter announced margin trading “Coinsetter has made bitcoin trading capital efficient with the expansion of our margin trading capabilities, which were previously only available to business customers...
Humiliation Complete So this is it. Greece has now surrendered much of it’s sovereignty to a Europe led by Germany in return for an €86 billion bailout program which will keep the embattled nation in the Eurozone...
On Wednesday the greenback was sharply higher against rivals on upbeat remarks from Federal Reserve Chair Janet Yellen who said the bank is still on track to raising rates at some point this year...
On Wednesday U.S. stocks were on track for a fifth straight day of gains, as stock futures climbed ahead of testimony from Federal Reserve Chairwoman Janet Yellen that could provide hints on the timing of the first interest-rate hike...
