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| Currency markets send a warning on the US economy It is instructive to consider what the combination of interest rates and current exchange rates says about market expectations of future currency values. US 10-year interest rates are about 230 basis points above German rates and about 280bp above Japanese rates. This implies that markets expect ...
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| Yen emerges as currency market winner from trade tensions President Donald Trump is touting the virtues of a trade war. In the $5.1tn-a-day currency market, the yen has emerged as a clear winner from the escalating rhetoric. The latest move pushes forward the administration's trade agenda, after it took similar actions on other goods this year and jawboned the ...
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| Poll Shows People Want An Amazon Cryptocurrency, Starbucks Hints Of A Blockchain App While Amazon has not announced any plans to create their own digital currency, they have ventured into the Blockchain technologies that are behind most cryptocurrencies. In December of last year, Amazon Web Services (AWS) signed a deal with R3 to use their Blockchain-based Corda platform.
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| Performance of Iran's gold & currency markets on March 4 The gold coin was traded in Iran at 15,900,000 rials (about $356.8 according to the currency rate in Iran's free market) on March 4, indicating a rise of 1.08 percent compared to the preceding day. According to data on the website of the Tehran Gold and Jewelry Union, one gram of the 18-karat gold was ...
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| Euro US Dollar Exchange Rate Fluctuates Wildly As Trump Tariffs Rock Currency Markets The US Dollar had an eventful session last week, with the currency riding a veritable rollercoaster due to rising Fed rate bets and concerns that the US could spark a possible trade war. After losing out against the Euro on Monday the 'Greenback' was able to soar higher on Tuesday afternoon as the new ...
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| Global Currency Reserve 24 Hour Volume Reaches $210929.00 (GCR) Global Currency Reserve logo Global Currency Reserve (CURRENCY:GCR) traded 5.2% higher against the US dollar during the 1-day period ending at 10:00 AM E.T. on February 25th. One Global Currency Reserve coin can now be purchased for $0.15 or 0.00001339 BTC on popular exchanges.
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| 5 Arrested With Demonetised Currency Worth Rs 49 Lakh: Gurugram A total of 5 people were arrested by Gurugram police on Sunday for the possession of demonetised currency. The police have also seized over Rs 4.9 million in demonetised currency notes of Rs 500 and Rs 1,000. As per the police reports the accused were trying to change the demonetised notes with ...
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| Saudi Arabia reform efforts, Aramco IPO may be complicated by Fed rate hike campaign Saudi Arabia, in the midst of transforming its economy and poised for a public offering of its state-owned oil company, could be vulnerable to Federal Reserve policy, observers say. The country's decades-old currency peg to the dollar means it "must heed the Fed" as it shakes up the economy, one ...
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| Well Played: 'In-Game Purchases' label added by ESRB Video games that include in-game purchases will be labeled as such starting this spring, according to the Entertainment Software Ratings Board. The label will apply to any game in which real world currency can be exchanged in some way for virtual rewards, including bonus levels, skins, loot boxes, ...
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| Egypt Foreign Reserves Surge to Record After Eurobond Sale Egypt cut benchmark interest rates last month for the first time since floating the pound, starting a widely anticipated easing cycle after record-high borrowing costs helped to damp inflation and attract $20 billion into local-currency debt. Falling interest rates in Egypt, coupled with expectations that the U.S. ...
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