The British pound today rallied higher against the US dollar after the release of upbeat UK retail sales data for the month of November. The pound declined significantly from its daily highs after…
Posts published in December 2017
UAE-Saudi Central Banks Working Together to Develop a Cryptocurrency
Blockchain technology is gradually penetrating the centralized financial sector all over the world. After the announcement of , the Middle East has now jumped into…
Euro Maintains Gains Against US Dollar as Manufacturing Activity Grows in December
The euro maintained its gains against the US dollar on Thursday following a series of data releases that revealed strong activity in the manufacturing sector throughout the European Union. However, the shared currency failed…
The Chinese yuan gained in the US dollar today following the release of positive macroeconomic data in China. The National Bureau of Statistics of China reported that industrial production grew by 6.1%, fixed asset investment…
‘Cryptojacking’: Some Websites Are Using Your CPU to Mine Monero
If you’ve recently used Streamango, Openload, OnlineVideoConverter, or RapidVideo, your computer or phone may have been hijacked to mine cryptocurrency without your knowledge. The practice,…
Deutsche Börse Reportedly Considering Launch of Bitcoin Futures
Deutsche Börse has announced that it is considering launching Bitcoin futures, according to local newspaper WirtschaftsWoche. The giant exchange is still investigating the subject, but…
Australian Dollar Boosted by Amazing Jobs Data
The Australian dollar gained on its most-traded rivals today after the surprisingly good employment report boosted the currency. Australian employment climbed by 61,600 in November, more than three times the forecast increase…
Just five years ago, Bitcoin’s market cap was less than $1 billion; now, it reaches nearly $300 billion. The cryptocurrency market cap as a whole…
Client’s Manipulative Orders Cost Interactive Brokers $250,000
The Australian Securities and Investments Commission (ASIC) has penalized Interactive Brokers with a penalty of $250,000. The decision was taken by the watchdog’s Markets Disciplinary…
Crowdfunding Site IndieGoGo Now Hosts ICOs
This Tuesday, Indiegogo expanded its repertoire of crowdfunding services when it began to serve as a platform for hosting and investing in ICOs. The decision…