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| Dollar stuck near one-month low, commodity currencies buoyant "Seasonal trends in the currency market have shown that the dollar tends to weaken after Christmas through the first few days of the following year before eventually being bought back again," he said. Many institutional investors close their books at the year-end, a deadline for taxation and performance ...
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| India joins countries warning over crypto-currencies India has warned against investing in crypto-currencies including bitcoin, likening them to "Ponzi schemes", as it became the latest country to urge caution. Despite a boom in trade that has seen prices soar, crypto-currencies "don't have intrinsic value and are not backed by any kind of assets," the Indian ...
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| EUR: Best G10 currency in 2017 – SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the best G10 currency in 2017 was the Euro while the worst was the US dollar. ... The parallel shift up in Euro forward rates has helped the currency, but from here, further progress may need clear signs that an earlier hike is possible.".
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