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| Euro PLUMMETS in Christmas Day 'flash crash' blamed on 'computer algorithms' The single currency dropped dramatically in just a few minutes, Bloomberg claimed. Dramatic market news would normally cause such a drop but that was certainly not the case on Christmas Day, analysts are pointing the finger at computer-driven trading. Qi Gao, a Hong Kong-based foreign currency ...
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| Tax Overhaul Could Jolt Dollar as US Companies Bring Home Cash That typically requires them to sell foreign holdings and buy assets denominated in dollars, which could boost the U.S. currency. Gauging the dollar's trajectory is crucial to both investors and corporations. The currency's climb over the past several years has been blamed for pressuring profits among ...
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| Israel Mulls Issuing its Own 'Crypto Shekel' as Legal Tender A finance official told reporters that the digital currency would be based on blockchain technology, and maintained by a network of computers on the internet rather than a central authority. He also stated that the digital currency will not replace any specific currency, but will be a new tool for payments that ...
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