The New Zealand dollar climbed today with the help of very positive employment data that made New Zealand assets more attractive to investors. The currency lost its upward momentum (though…
Posts published in November 2014
The United States District Court For The Western District of Missouri has to grant total control over Butterfly Labs’ (BFL) assets to the Temporary Receiver, Eric…
Japanese Yen Lost More than a Third of Its Value “Thanks” to Bank of Japan Stimulus
It’s been a year and a half since the Bank of Japan delivered its unprecedented quantitative and qualitative easing policy to the markets, and almost…
PayCash announces bitcoin integration for merchants at Web Summit, using Kraken for exchange
Luxembourg-based payment processor PayCash is launching bitcoin payment integration for merchants. The new service was announced today at Web Summit in Dublin. PayCash is an…
FMA Pushing Forward with Plans to Raise Regulatory Standards and Shed Soft-Touch Reputation
The Consumer Affairs Minister in New Zealand [Paul Goldsmith] today confirmed the approval and imminent implementation of the second phase of sweeping financial markets regulatory…
PayPal compliance exec moves to Bitstamp to lead compliance program
that Jean-Baptiste Graftieaux, chief compliance officer for PayPal’s Europe, Middle East and Africa (EMEA) division, will be joining Bitstamp in a similar capacity. He will lead Bitsamp’s…
Euro Pares Gains as European Union Revises Outlook
Euro is mostly higher today, but the 18-nation currency is paring some of its gains. The latest growth outlook from the European Union has been revised lower, and that is…
US Dollar Falls Back, Consolidating Against Major Currencies
US dollar is a little big lower today, falling back after rallying earlier. Right now, the greenback is consolidating, and Forex traders are taking profits. However, there is…
Won Drops vs. Dollar, Domestic Fundamentals Remain Supportive
The South Korean won dipped today against the dollar as the US currency was propelled higher by positive economic data from the United States. Reports from South Korea itself were not…
NZ Dollar Finds Strength in Spite of Economic Data
The New Zealand edged higher against its US peer and erased earlier losses versus the Japanese yen today even though economic data from New Zealand was not particularly…