The euro is in a kind of currency market limbo right now, looking for direction after the latest economic data for the eurozone. Eurozone leaders and ECB policymakers have expressed an interest in a weaker euro recently.…
Posts published in May 2014
PayPal unveils its new redesigned logo
Online payment leader PayPal has undergone a revamp and redesign of its now iconic logo. In the 15 years since its launch PayPal has redesigned…
LTC/USD Technical Analysis – 1st May 2014
Litecoin hit a high of 11.4 this morning, only to be rejected by a certain Fibonacci level. Will we see the bears take control? Let’s…
Acquiom takes M&A payments online
Just when some thought it would not be possible to introduce Ecommerce and internet payments to any more industries, one firm has taken it upon…
BTC/USD Technical Analysis – 1st May 2014
Bitcoin continues to rise this week, once again testing a key Fibonacci retracement, which thus far, is proving to be a fairly consistent obstacle. If…
Another major figure in economics has weighed in on Bitcoin, this time Larry Summers- former adviser to Barack Obama, Harvard President and World Bank chief…
The Great Britain pound rose today, reaching new highs versus the US dollar, as economic reports from the United Kingdom were mostly good, confirming that recovery of the UK economy is…
The Tokyo Financial Exchange (TFX) is the first major institution to release its volumes numbers for the month of April and the amount of exchange listed FX…
The Australian dollar declined against the Japanese yen and erased the previous rally versus its US peer as economic data from Australia was not particularly good. The manufacturing report from China…
Bank of Canada: We’re Not Worried About Bitcoin
The Bank of Canada posed by Bitcoin to its national currency. As part of testimony in the Senate banking committee, top officials have indicated that…