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European Central Bank Warns Against Global Currency War Davos, Switzerland Jan 26 (Prensa Latina) Attempts to target exchange rates risk setting off a currency war, a top European Central Bank executive argued today, just days after U.S. ... 'The last thing the world needs today is a currency war,' Coeure said a panel at the World Economic Forum in Davos.
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Coincheck: World's biggest ever digital currency 'theft' One of Japan's largest digital currency exchanges says it has lost some $534m (£380m) worth of virtual money in a hacking attack on its network. Coincheck suspended deposits and withdrawals for all crypto-currencies except Bitcoin as it assessed its losses in NEM, a lesser-known coin. If the theft is ...
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Australian dollar dives after Trump says the US dollar will get 'stronger and stronger' It's been a wild 24 hours for currency traders and US President Donald Trump's latest comment - that he wants "to see a strong [US] dollar" - is adding to the volatility. At 9am AEDT on Australia Day, the dollar was 0.5 per cent lower at US80.26¢; it ranged over the past day from a four-month high of ...
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BNP Paribas fined $90m by DoJ over foreign currency rigging The US branch of French bank BNP Paribas (BNPP) has been fined $90m by the US Department of Justice (DoJ) for conspiring to rig foreign currency markets. BNPP USA admitted that between September 2011 and July 2013 it conspired to suppress and eliminate competition by fixing prices in central ...
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