The Indonesian rupiah fell today on speculations that the nation’s current-account deficit widened in the past quarter. Political uncertainty in Indonesia was also eroding the appeal of the currency. Analysts estimated ahead of the official report,…
Posts published in April 2014
Dollar Weaker After Fed Trims Stimulus
The US dollar dipped today even after the Federal Reserve trimmed its stimulus program yet again. The possible reason for the drop was the mention of low interest rate for a prolonged period of time…
Today’s Government Warnings on Bitcoin
More state authorities have weighed in on virtual currency and issued warnings about its use. California and New Mexico have issued new consumer guidance. have also…
Dukascopy Bank Elevates Luis Sanchez to First VP
Dukascopy Bank has promoted Luis Sanchez to First VP today, culminating what has been both a fulfilling and lengthy journey since 2007, that started for…
As the clock ticks towards the end of the month, sources from major brokerages across the are confirming to Forex Magnates that what we see…
Cyprus-based IronFX Global Limited (IronFX), the company behind the growing number of entities under the IronFX brand, continues its global expansion spree with its latest location announced…
PPC/USD Technical Analysis – 30th April 2014
So Peercoin continued to rise from yesterday, defying the bears from the past fortnight. Let’s take a closer look at the latest PPC/USD Daily chart…
NMC/USD Technical Analysis – 30th April 2014
Namecoin has followed a predictable path today, if that’s ever possible with digital currencies. The bears of the past two weeks have finally surrendered to…
Expanding their equity offering, Saxo Bank has the launch of stock options trading on its platform. The new product adds to their existing offering of…
LTC/USD Technical Analysis – 30th April 2014
Wow, the bulls of Litecoin have really stamped their authority today, after the struggle to establish a clear direction for this week. In my last…