The Canadian dollar was mixed today, falling versus safe currencies, like the US dollar and the Japanese yen, but trading flat or even rising against others. Domestic macroeconomic reports did…
Posts published in December 2018
Swiss Franc Soft Despite Supportive Data & Market Sentiment
The Swiss franc was surprisingly soft today despite recent supportive domestic macroeconomic data and the market sentiment that was favorable to safer currencies. Reported yesterday by the Swiss Federal Customs Administration,…
US Dollar Surges on Data, Fed Comments
The US dollar is surging against its major rivals on Friday, thanks to positive economic data and comments by one Federal Reserve official. The greenback is on a tear in 2018, despite several factors…
Japanese Yen Extends Gains for Sixth Session on Risk Aversion
The Japanese yen continued to rise today, gaining for the sixth consecutive trading session. The currency continued to get support from risk aversion on markets, which made investors stick with safer assets.…
Beware of ZonggangCaifu! New Zealand’s FMA Warns
The (FMA) in New Zealand has once again identified a suspicious firm that could be operating a scam. This time, its ZonggangCaifu the regulator is…
Facebook to Develop Cryptocurrency for Whatsapp, Sources Say
Sources close to the situation have told Bloomberg that Facebook is developing plans for a to be used on messaging app ‘WhatsApp.’ A stablecoin is…
Cowen Strengthens Cross-Asset Team, Adds John Mori as MD
Cowen Inc., that provides sales, trading and prime brokerage services, announced on Thursday that it has added a new member to its Cross-Asset team, with…
Singapore Starts Probing Goldman Sachs for 1MDB Scandal
Singapore’s law enforcement authorities have extended their criminal probe against the Malaysian state investment fund 1Malaysia Development Berhad (1MDB) to include Goldman Sachs, according to…
ConsenSys is Eyeing Further Layoffs Amid Crypto Bear Market
ConsenSys, a blockchain software technology company founded by Joseph Lubin, is eyeing even further layoffs, a report from The Verge published on Thursday has revealed,…
Litecoin Founder Still Criticised 1 Year After Liquidating LTC
One year after the big crypto boom, founder of Litecoin Charlie Lee is reportedly continuing to focus on increasing the usage of. However, some in…