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S&P downgrades South Africa's local currency debt to "junk" status JOHANNESBURG (Reuters) - S&P Global Ratings downgraded South African local currency debt to "junk" territory on Friday, citing a further deterioration in the country's economic outlook and public finances, sending the rand tumbling. But Moody's decision to only place South Africa on review for a ...
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Price Analysis, November 25: Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, Dash A few bears are likely to attempt to fade the breakout of the channel around the $8,750 mark. Above this, the next target is $9,000 and $9,969.13. Our bullish view will be invalidated if the digital currency turns down from the channel resistance line and breaks below $7,400 levels. Until then, the uptrend ...
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What is Bitcoin? Is it safe? And how can you get your hands on some? This was because Chinese regulators were concerned with the amount of investment the volatile and unregulated currency was drawing. The closing of the Chinese Bitcoin exchange saw Bitcoin lose nearly $1000 of its value in a fortnight as a direct result - that shows just how volatile the currency is.
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Epiq Nights launches its coin, the HARD Coin in an ICO Epiq Nights is a popular brand name, especially in the world of health supplements. Yet, the company has gone a step further by creating a digital currency. This is so, as Epiq Nights has made it known to the public that it will be launching its cryptocurrency in a couple of days. Tagged, the Hard Coins, ...
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Zimbabwe's New President Promises Reform, Urges Forgiveness The president said he would try to pay the country's international debts, ease restrictions on imports, and make it easier for Zimbabweans to get hard currency. Currently, nine forms of currency are accepted, yet the country has a shortage of ready money or cash. Mnangagwa's presidential inauguration ...
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Global credit ratings agency has downgraded South Africa to junk status Membership in the WGBI requires that either Moody's or S&P Global rates a country's local currency rating as investment grade. But S&P lowered South Africa's local currency rating to BB+, leaving it now at sub-investment grade, as well as lowering the foreign currency rating, which was already junk, ...
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Trading Watch: Chaikin Oscillator Below Zero for Japan Currency Hedged PS (FXJP) Tracking shares of Japan Currency Hedged PS (FXJP), we have seen that the Chaikin Oscillator reading is currently below zero. Traders following the stock may be on the lookout for possible bearish momentum. Japan Currency Hedged PS (FXJP) currently has a 14-day Commodity Channel Index ...
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Hauling in Pre-Market Gains as Shares Gap up: iShares Currency Hedged MSCI Japan ETF ... iShares Currency Hedged MSCI Japan ETF (:HEWJ)'s RSI (Relative Strength Index) is 56.57. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. iShares Currency Hedged MSCI Japan ETF's ...
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