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As Trade War Heats Up, Biggest Currency Whales Make Their Move After shunning the common currency for years because of negative interest rates and the region's persistent turmoil, reserve managers at some of the biggest central banks are now looking to add more euros, according to two heads of foreign-exchange strategy who've held regular discussions with ...
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Releasing value from failed crypto-currency projects In what is believed to be a world first, a community project aimed at releasing the potentially enormous value currently lost or trapped in crypto-currencies that are no longer supported or developed, is set to make its international debut with an initial coin offering (ICO) in May. The project, CoinJanitor, is ...
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Daily Currency Outlook: EUR/GBP And EUR/AUD : March 26,2018 Intraday bias in EUR/GBP remains neutral for the moment. On the upside, break of 0.8757 minor resistance will turn bias back to the upside to extend recent sideway pattern with another rebound, towards 0.8967. Nonetheless, break of 0.8666 again and sustained trading below 0.8686 will resume whole ...
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Daily Currency Outlook: GBP/JPY And EUR/JPY : March 26,2018 Intraday bias in GBP/JPY remains neutral at this point. While another rise cannot be ruled out, we maintain the view that rebound from 144.97 is a corrective move. Therefore, strong resistance is expected from 150.92 (50% retracement of 156.59 to 144.97 at 150.78) to bring fall resumption. On the ...
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US stock futures bounce offers support to struggling dollar LONDON (Reuters) - The dollar held close to a 16-month low against the Japanese yen on Monday as investors remained wary about the greenback's outlook, though a rebound in U.S. stock futures offered some support to relatively high-yielding currencies also including the Australian dollar.
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Rand may retest R11.50/$ on good economic news - analyst The local currency was trading at R11.63 to the dollar at 10:26, after briefly touching R11.60 to the greenback, its best level in a month. It opened at R11.67/$. The rand almost breached the R11.50/$ in late February, in the wake of the 2018 Budget and President Cyril Ramaphosa's maiden State of the ...
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