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Roger J Kerr says the fresh global market 'risk-off' sentiment is negative for the New Zealand currency In other words, the cost of borrowing USD to invest in EUR at 0% interest rate return does make it expensive to hold long Euro/short USD currency positions. A pull back in the EUR/USD exchange rate to $1.2000 therefore appears more likely over coming weeks than continued USD selling, as market ...
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Lloyds Bank bans Bitcoin purchases on its credit cards Lloyds Banking Group has banned its customers from buying Bitcoin on their credit cards following a sharp fall in the value of the digital currency. The ban, starting Monday, applies to Lloyds Bank, Bank of Scotland, Halifax and MBNA customers. It will not apply to debit cards, only to the banking group's ...
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