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| Hong Kong defends its dollar peg in both directions The Hong Kong dollar's weakness reflects the gap between rising American interest rates and Hong Kong's low borrowing costs. In other places, investors might worry that the central bank's efforts to defend its currency would exhaust its dollar reserves. But the HKMA has enough foreign assets to buy its ...
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| Fate of the single currency to be decided by forthcoming ECB meeting These comments contributed to the growth of the single currency, as many investors bet that more decisive steps would be taken towards the further tightening of monetary policy. While the economy continues to grow, there is increasing evidence that the ECB can take a more cautious approach.
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| 3 Reasons To Support FuturoCoin – The Currency That Likely To Outrun Bitcoin All transactions in FuturoCoin are instant and have one fixed fee, while in DASH it varies and depends on the rate of the currency and type of the transaction – instant is more expensive than the ordinary one. The fee in FuturoCoin doesn't depend on the number of coins being sent. With one transaction ...
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| Asset management roundup: ERAFP awards €2bn currency mandate French public sector pension fund ERAFP has awarded a currency mandate worth roughly €2bn to Millennium Global Investments. BNP Paribas Asset Management and Russell Investments were named as back-up managers for the mandate to hedge foreign exchange risk linked to ERAFP's €30bn ...
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