The euro today dropped from 2-week highs against the US dollar as the greenback rallied higher from the early European session to recoup most of…
Posts published in October 2018
US Dollar Halts Decline as Stocks Sell-Off Pauses
The US dollar rallied today against most of its major peers, breaking the three-day long streak of losses. The greenback has lost its gains against the Japanese yen by now but kept…
Exclusive: MasterCard Ban Starts Monday, VISA in December
As expected, card payments are becoming more and more difficult for some brokers. Those who are operating from unregulated or loosely regulated environments will need…
Chinese Yuan Still Lower on Reports US Will Not Label China âCurrency Manipulator’
The Chinese yuan is still trading lower on Friday, despite reports that the US Treasury Department will not label the worldâs second-largest economy a âcurrency manipulator.â The positive news was offset…
Saxo Bank Expands Operations and IT Teams in India
Saxo Bank is continuing with the expansion of its operational and IT base in India. The company has officially opened its new office space in…
Plastic Surgeon Acquires Majority Shareholder Position in Bithumb
A consortium led by a plastic surgeon and start-up investor has taken a majority shareholder position in Bithumb, . Kim Byung Gun, who has spent…
Japanese Yen Traders Near Opening After Falling Earlier
The Japanese yen fell intraday but as many other currencies was trading near its opening level later. Domestic macroeconomic data was mixed, giving the currency no reason to go…
NZ Dollar Rallies Intraday, Trims Gains Later
The New Zealand dollar rose today, though the currency has trimmed its gains by now, losing them outright against some rivals. The seasonally adjusted BusinessNZ Performance of Manufacturing Index fell…
Australian Dollar Shows Resilience in Face of Adverse Fundamentals
The Australian dollar managed to hold its ground, trading near the opening level against its major peers, despite fundamentals that were rather unfavorable to the currency today. The Australian Bureau of Statistics…
Remember Flash Player? That handy-dandy web add-on that we all needed to play Insaniquarium in the early 2000s? Well, it’s still alive and kicking. And…