Friday’s performance of the Mexican peso was rather good considering that Mexico’s central bank decided to cut interest rates. The currency was about flat versus the US dollar and even managed…
Posts published in December 2019
Canadian Dollar Drops After Shockingly Poor Retail Sales
The Canadian dollar fell during Friday’s trading session due to surprisingly poor retail sales data and falling crude oil prices. The currency trimmed losses later, though, and even managed to gain…
Swedish Krona Mixed After Rallying on Interest Rate Hike
The Swedish krona fell a little against the strong currencies like the US dollar and the Great Britain pound but jumped versus the vulnerable euro today. Yesterday, the currency rallied thanks to the much-anticipated interest…
Euro Crashes on Mixed Eurozone Reports and Upbeat US Prints
The euro today crashed against the US dollar following the release of mixed data from the euro area as market sentiment remained decisively bearish. The EUR/USD currency pair fell to new 1-week lows…
US Dollar Spikes on Higher Q3 GDP Reading
The US dollar enjoyed a spike against several currency rivals at the end of the trading week, driven primarily by a higher final reading of…
Monex Group Appoints Katsuki Mandai as Head of Sales of Monex Inc
Monex Group has announced a series of personnel changes to its retail brokerage subsidiary, Monex, Inc., this Friday, which will take effect at the beginning…
Bitfinex Eliminates Fees for Deposits Under US $1000
British Virgin Islands-based cryptocurrency exchange Bitfinex has announced that the fee for deposits of less than USD $1,000 has been eliminated. The announcement came in…
Binance Invests in Derivatives Platform FTX, Sum Not Disclosed
As continues to expand in the industry, it has invested an undisclosed sum in the crypto derivatives platform FTX. Announced on Friday, the move came…
Crypto Capital’s Co-Founder Likely to Plead Guilty Next Month
Reginald Fowler, one of the co-founders of Crypto Capital, is expected to change his plea in front of the court to “guilty” for the charges…
New Bill in House of Congress Seeks to Define & Regulate Crypto
After long days of impeachment hearings and a vote to initiate an impeachment trial in the US Senate, it’s clear that the US Congress…