The US dollar is weakening against some of its counterparts midweek, despite several bullish indicators to suggest the economy is still strong. The labor market remains healthy, wages are climbing,…
Posts published in October 2018
Canadian Dollar Soft Despite Expanding GDP
The Canadian dollar gained today despite better-than-expected growth of Canada’s economy. The possible reasons for the weakness were: the strength of the US dollar, the decline of crude oil prices, and other macroeconomic indicators, some of which…
Euro Drops Further Driven by Political Uncertainty and Weak Data
The euro today fell to new lows last seen in mid-August against the US dollar as the political uncertainty in key eurozone countries such as…
Cobalt MD: FinTechs Struggling With Banks’ Compliance Procedures
Blockchain, in case you hadn’t already noticed, . Since the explosion in the price of Bitcoin earlier this year, it seems almost everyone has been…
Nomura Holdings, Inc., Japan’s biggest , announced its consolidated results for the second quarter and first half of its fiscal year ending March 31, 2019.…
CME Group has now received all of the regulatory approvals necessary to complete its estimated of Michael Spencer’s NEX Group Plc. In a joint statement…
JPMorgan to Tokenise Gold Using Quorum Blockchain
JPMorgan will use its new blockchain to ‘tokenise’ gold bars, according to the Australian Financial Review. Commodities on a blockchain This doesn’t mean that the…
Breaking: Capital.com Secures FCA License
Capital.com just announced that the company has acquired a new license with the UK Financial Conduct Authority (FCA). The firm’s move represents a commitment to…
On the Horizon: The Future of Mass Blockchain Adoption
Having eager eyes and high hopes describes the current state of many in the international crypto community as they await the SEC’s approval of a…
Chain2Pay Launches Cryptocurrency Debit Card
This Wednesday, Chain2Pay – a subsidiary of of blockchain company MinexSystems – announced that it has launched a . The company is making the cards…