While the Japanese yen was soft against commodity currencies today, it managed to gain on many other most-traded peers. That was surprising considering the risk-on market sentiment, which made…
Posts published in December 2018
The euro today rallied higher against the US dollar during the Asian session mainly due to the risk-on sentiment following the US-China trade truce. The euro…
Canadian Dollar Surges on Trade Truce, Higher Energy Prices
The Canadian dollar is surging against its American counterpart to start the trading week, supported by rallying energy prices and the temporary pause in trade hostilities between the worldâs two largest economies. The loonie,…
Aussie Emerges as Strongest on Forex Market, Ignores Domestic Data
The Australian dollar opened sharply higher on Monday thanks to the news about a ceasefire in the trade war between the United States and China. The news overshadowed Australia’s domestic macroeconomic reports, basically all of which…
NZ Dollar Surges on News About US-China Trade War Truce
The New Zealand dollar surged along with other commodity currencies today on the news about a temporary truce in the trade war between the United States and China. The kiwi was unable to beat its…
Crypto Enters Wall Street, Aussie Firm Goes Bust: Best of the Week
Australian investment firm goes under Sydney-based Halifax Investment Services, an investment management company, has taken down its website and is unresponsive to attempts to communicate.…
Squire Mining to Purchase CoinGeek for $45 Million
Squire Mining, a Vancouver-based company that designs ASIC chips, is to purchase CoinGeek, a cryptocurrency news site and mining pool operator. This is significant because…
Breaking: G20 Discusses International Cryptocurrency Tax
The G20 conference, which is happening at this moment in Buenos Aires, has produced a decision which will be interesting to the cryptocurrency world. The…
Singapore Watchdog Releases Comprehensive Guide to ICO Legality
The Monetary Authority of Singapore has released a guide for businesses that want to make money via an initial coin offerings in the city-state. Securities,…
On the Precipice: Is Bitcoin a Bubble and When Will it Burst?
Cryptocurrencies have quickly entered the public consciousness, sweeping up both populist support and commercial interest in the form of swathes of investors (and traders). For…