The Australian dollar was very strong lately, reaching the highest level in more than a year and a half against its US counterpart last week. But some traders are worried that…
Posts published in August 2020
Euro Firm After Mixed Data, Comments from ECB Board Member
The euro rose today. In fact, the shared 19-nation currency was one of the strongest currencies during Monday’s trading session despite mixed domestic macroeconomic data released during Monday’s trading. Positive…
The Australian dollar was among the strongest most-traded currencies today thanks to the risk appetite caused by the surge of the Nikkei stock index. Decent macroeconomic data in China, Australia’s biggest trading partner, and in Australia…
NZ Dollar Flat-to-Lower as Business Confidence Deteriorates
The New Zealand dollar traded either flat or lower against its most-traded peers today, though it managed to gain on few currencies, like the US dollar and the Japanese yen. The kiwi was…
The Japanese yen is weakening against multiple currency rivals to start the trading week, driven primarily by disappointing macroeconomic data. Despite higher-than-normal inflows into the traditional safe-haven asset, the yen slumped…
Plus500 is about to expand its operations into physical equity trading, moving the online contracts for difference (CFD) broker into mainstream stockbroking. According to a…
Cryptos Earned from Microtasks are Taxable: IRS
The United States Internal Revenue Services () has confirmed that cryptocurrencies earned from microtasks through various crowdsourcing platforms are considered as taxable income. The agency…
A claims that transactions on the Ethereum blockchain network may be vulnerable to “frontrunners,” or certain kinds of arbitrage bots that attempt to exploit pending…
ASIC Lays Out Strategic Focus for 2020-24 in Corporate Plan
The (ASIC) has published its Corporate Plan for the next four years this Monday, outlining its strategies and priorities for the 2020-24 period. Unsurprisingly, the…
Blackwell Global UK Records Full-Year Profit for Fiscal 2020
Blackwell Global Investments (UK) Limited, , has published its financial results for the year ended on the 31st of March 2020, in which the company…