Recent News Headlines : Currency

HALF OF ALL CANADIAN FAMILIES WERE WORTH AT LEAST $295.1K LAST YEAR -- DOUBLE 1999'S LEVEL


The median net worth of Canadian families was 295,100 in 2016, a jump of nearly 15 per cent from four years ago and almost double the 1999 level... READ MORE

7th December, 2017 831

BITCOIN 'NOT COMPATIBLE WITH ISLAM', TURKEY'S RELIGIOUS AUTHORITIES SAY


Turkey's top religious body has declared that Bitcoin is not compatible with Islam. The Directorate of Religious Affairs, or Diyanet, a state organisation dealing with religious... READ MORE

28th November, 2017 2054

GENERAL NAMED TO HEAD DEBT-RIDDEN VENEZUELAN OIL COMPANY


Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE

27th November, 2017 0

GENERAL NAMED TO HEAD DEBT-RIDDEN VENEZUELAN OIL COMPANY


Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE

27th November, 2017 0

GENERAL NAMED TO HEAD DEBT-RIDDEN VENEZUELAN OIL COMPANY


Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE

27th November, 2017 0

GENERAL NAMED TO HEAD DEBT-RIDDEN VENEZUELAN OIL COMPANY


Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE

27th November, 2017 0

GENERAL NAMED TO HEAD DEBT-RIDDEN VENEZUELAN OIL COMPANY


We are going for a total restructuring of PDVSA, he said during his weekly show on official VTV television... READ MORE

26th November, 2017 0

EURO STEADIES AFTER BIG DROP AS MARKETS LOOK BEYOND POLITICS


Germany's Chancellor Angela Merkel raised the prospect on Monday of a new election after talks on forming a three-way coalition collapsed... READ MORE

21st November, 2017 0

SOUTH KOREA'S FX DEPOSITS MARK BIGGEST-EVER JUMP IN OCTOBER


Deposits denominated in U.S. dollars rose 7.82 billion to 62.47 billion for the month, which accounted for 85.2 percent of the total foreign exchange deposits... READ MORE

16th November, 2017 0

ZIMBABWE DOESN'T HAVE ITS OWN CURRENCY AND BITCOIN IS SURGING


Demand for bitcoin in Zimbabwe has surged amid a shortage of hard currency... READ MORE

15th November, 2017 2393

CENTRAL BANKS MUST FACE CHALLENGE OF VIRTUAL CURRENCIES


Central banks must face challenge of virtual currencies IMF official... READ MORE

15th November, 2017 45

THE DOLLAR IS NOW MORE CORRELATED WITH OIL THAN SOME PETROCURRENCIES


Meanwhile, the link is getting weaker between oil and the currencies of major oil producers such as Russia and Canada... READ MORE

7th November, 2017 316

DOLLAR SAGS AS U.S. YIELDS SLIP, AUSSIE TAKES RBA HOLD IN STRIDE


The Australian dollar was little changed at 0.7692 AUD D4 after gaining about 0.5 percent the previous day against the broadly weaker dollar... READ MORE

7th November, 2017 58

ASIA SHARES STUMBLE FROM DECADE HIGHS OIL HITS TWO-YEAR TOP ON SAUDI PURGE


The dollar index .DXY held near four-month highs against a basket of currencies, while the euro EUR trod water to loiter around its lowest since July... READ MORE

6th November, 2017 374

U.S. STOCKS AT RECORDS, DOLLAR GAINS ON ECONOMY


The S P 500 Index finished higher for an eighth week as Apple jumped 2.6 percent to a record... READ MORE

3rd November, 2017 437

PEOPLE'S BANK OF CHINA SEEN SUPPORTING YUAN AROUND TRUMP VISIT


China is leaving nothing to chance during next week's visit by U.S. President Donald Trump, and will likely fortify the value of the yuan... READ MORE

2nd November, 2017 301

NORDEA PUSHES FURTHER INTO EMERGING MARKETS WITH NEW DEBT FUND


Scandinavia's largest bank wants a bigger chunk of emerging markets asset management... READ MORE

25th October, 2017 158

BREXIT HAS MADE THE UK 'THE SEVENTH BEST VALUE HOLIDAY DESTINATION IN THE WORLD'


Estonian capital Tallinn is number one, followed by Lanzarote in the Canary Islands and the US state of Arizona... READ MORE

25th October, 2017 285

BITCOIN PIONEER SAYS NEW COIN TO WORK ON MANY BLOCKCHAINS


They have to go to an online exchange, and sell their bitcoins and buy another cryptocurrency... READ MORE

24th October, 2017 3871

CHINESE STOCKS FALL, YUAN SLIPS AS GROWTH AND PROPERTY COOL


The Chinese yuan also eased against the US dollar... READ MORE

21st October, 2017 18

PROPERTY MOGUL TOPS CHINA'S RICH LIST CONTAINING '36% OF WORLD'S BILLIONAIRES'


Mr Hoogewerf said Mr Wang's fortunes declined after he de-listed Wanda from Hong Kong's stock exchange last year, missing out on a mini-boom for Chinese developers... READ MORE

12th October, 2017 0

CATALONIA RELIEF SENDS EURO TO TWO-WEEK HIGH


But the situation is still potentially incidiary, said Rabobank currency strategist Jane Foley, in London... READ MORE

11th October, 2017 0

DOLLAR HITS ONE-AND-HALF-MONTH PEAK AS YIELDS RISE ON IMPROVED U.S. ECONOMIC OUTLOOK


The dollar index against a basket of six major currencies was up 0.3 percent at 93.847 after touching 93.891, its highest since Aug. 17... READ MORE

3rd October, 2017 98

CATALONIA WORRIES KNOCK EURO AGAINST STRONGER DOLLAR


But now we have another against-the-status-quo European vote, so for financial markets, political risks in Europe have increased, said UBS currency strategist Constantin Bolz, in Zurich... READ MORE

2nd October, 2017 3

DOLLAR SET FOR BEST WEEKLY GAIN IN 2017; FOCUS ON TRUMP TAX PLAN, FED OUTLOOK


The dollar index edged up 0.1 percent to 93.211 .DXY... READ MORE

29th September, 2017 62

LONDON MARKET FALLS AS INVESTORS FRET OVER GEOPOLITICAL UNCERTAINTY


London's top-flight index drifted lower on Tuesday as investor concerns over geopolitical risks dragged on the market... READ MORE

26th September, 2017 0

NORTH KOREA RISKS SUPPORT YEN, EURO STRUGGLES NEAR 4-WEEK LOWS VS DOLLAR


The dollar was 0.15 percent lower at 111.550 yen JPY after coming off a high of 112.530 the previous day... READ MORE

26th September, 2017 0

NORTH KOREA RISKS LIFT YEN, EURO STRUGGLES NEAR FOUR-WEEK LOWS VS DOLLAR


The dollar was steady at 111.760 yen JPY after coming off a high of 112.530 the previous day... READ MORE

26th September, 2017 334

ASIA STOCKS FALL, YEN GAINS AS NORTH KOREA MOOTS ANOTHER H-BOMB TEST


Shanghai was down 0.5 percent after S P Global Ratings downgraded China's long-term sovereign credit rating on Thursday... READ MORE

22nd September, 2017 0

HEDGE FUND UP 21 SETS SIGHT ON FED TO SUPERCHARGE RETURNS


The U.S. currency has slumped 10 percent this year, on track for its biggest decline since 2003... READ MORE

20th September, 2017 35

Trending News Headlines : Currency

ASIA'S UGLY DUCKLING OF THE YEAR IS THE PHILIPPINE PESO


Political developments might be the catalyst to drive the dollar-peso higher, said Alan Cayetano, Manila-based head of foreign-exchange trading at the bank... READ MORE

5th March, 2017 24748

FORGET BITCOIN AND MOBILE PAY CASH IS STILL KING OF THE WORLD


A study of seven countries shows reports of the death of cash have been greatly exaggerated... READ MORE

14th December, 2016 9336

HERE'S WHAT GOLDMAN IS TELLING BIG MONEY CLIENTS ABOUT BITCOIN


In the U.S., the Internal Revenue Service has ruled that virtual currency does not have legal tender status in any jurisdiction... READ MORE

11th August, 2017 6515

HERE ARE THE BEST AND WORST PERFORMING ASSETS OF 2016


Were the worst performing, as rating agency Moody's Investors Service downgraded the firm and warned of a possible default... READ MORE

1st January, 2017 5862

JAPAN OVERTAKES CHINA AS LARGEST HOLDER OF U.S. TREASURIES


Collectively, the two nations account for about 37 percent of America's foreign debt holdings... READ MORE

16th December, 2016 4151

LOSSES PILE UP AS POLITICAL DRAMA MOUNTS


But he's hardly tweeted a word about another, less rosy measure of Trump's America the U.S. dollar... READ MORE

31st July, 2017 2576

BITCOIN FRAUD SUSPECT ARRESTED IN GREECE


Police said 38-year-old Alexander Vinnik was held on a US warrant near the northern city of Thessaloniki... READ MORE

26th July, 2017 2400

INSTANT VIEW: REACTIONS TO GRAND JURY SUBPOENAS REGARDING DONALD TRUMP JR.


JIM PAULSEN, CHIEF INVESTMENT STRATEGIST, THE LEUTHOLD GROUP, MINNEAPOLIS We're going to get a fair number of these headlines... READ MORE

3rd August, 2017 2150

EURO JUMPS 1.6 PERCENT IN MINUTES AS ALGO ORDERS SURPRISE MARKET


The euro surged as much as 1.6 percent against the dollar in the Asian morning Friday as a rush of computer-generated orders caught traders off guard... READ MORE

1st January, 2017 1829

OPEC BE WARNED: RUSSIA PREPARES FOR OIL AT $40


Rising 16 percent from current levels by the end of the year, oil's 10 percent decline in March alone amid supply woes is making the market nervous... READ MORE

26th March, 2017 1776

"THIS IS INDIA'S BREXIT AND TRUMP ROLLED INTO ONE"


The new currency laws in India are causing chaos for travellers and residents alike... READ MORE

16th November, 2016 1532

A US-CHINA TRADE WAR IS THE LAST THING THE WORLD NEEDS


Based on the numbers alone, China fits the profile, with annual US-China trade nearing 520 billion and a deficit exceeding 300 billion in 2016... READ MORE

16th August, 2017 1386

THE INDIAN VILLAGE THAT HAS RETURNED TO BARTERING


Many Indian villages are returning to bartering amid a nationwide cash crisis... READ MORE

5th December, 2016 1238

CHINA'S HOLDINGS OF TREASURIES DROPPED IN 2016 BY MOST ON RECORD


Japan, America's largest foreign creditor, trimmed its holdings for a second straight year... READ MORE

16th February, 2017 1211

CHINA'S CHOICES NARROWING AS IT BURNS THROUGH FX RESERVES TO SUPPORT YUAN


The authorities also stepped up scrutiny on individual foreign currency purchases, although they kept the 50,000 annual individual quota in place... READ MORE

5th January, 2017 1161

CHINA TAKES NEW STEP TO DOWNGRADE THE DOLLAR'S PROMINENCE


The move lowers the dollar's weighting by 4 percentage points, to 22.4 percent... READ MORE

1st January, 2017 994

HERE'S WHAT THE LATEST TRUMP-COMEY NEWS IS DOING TO MARKETS


The latest developments in the saga of President Donald Trump and ousted FBI Director James Comey is weighing on a number of assets... READ MORE

17th May, 2017 983

AS YUAN WEAKENS, CHINESE RUSH TO OPEN FOREIGN CURRENCY ACCOUNTS


All up, households had 118.72 billion of foreign money in their bank accounts at the end of November, while total foreign currency deposits were 702.56 billion... READ MORE

19th December, 2016 943

NOBODY KNOWS FX CYCLES LIKE JOHN R. TAYLOR, WHO'S BACK UP, AGAIN


Taylor presides over a far smaller and less lucrative operation than during the hedge fund's heyday... READ MORE

31st January, 2017 924

BITCOIN SLIDES ON 'FRAUD' WARNING FROM JPMORGAN'S DIMON


The cryptocurrency tumbled to as low as 3,720.01 on the Bitstamp exchange BTC BTSP before recovering to trade around 3,810 by 1524 GMT, still down 8.7 percent on the day... READ MORE

13th September, 2017 905

TRUMP BUBBLE BURST WILL DRIVE YEN TO 98 PER DOLLAR UBS WEALTH


UBS Wealth Sees Trump Bubble Burst Strengthening Yen to 98... READ MORE

30th November, 2016 900

GLOBAL DEBT MAY BE UNDERSTATED BY $13 TRILLION


The BIS said non-financial users employ FX forwards and currency swaps for speculation and to hedge international trade and foreign currency bonds... READ MORE

17th September, 2017 898

APPLE LIFTS DOW TO 22K IN MIXED DAY; DOLLAR FALLS


Dragged major indexes higher, propelling the Dow Jones Industrial Average past 22,000 for the first time... READ MORE

2nd August, 2017 894

CURRENCY TRADERS SPOT FATAL FLAW IN REPUBLICANS' BORDER TAX PLAN


That amounts to 0.3 percent of the 4.4 trillion in dollars transacted in the global currency market each day... READ MORE

19th April, 2017 884

ASIAN EXPORT NATIONS WARY DOLLAR BOOST GIVES TRUMP PRETEXT TO BEAT THEM


Asia's trade surpluses with the United States were firmly in Trump's sights during the election campaign... READ MORE

20th November, 2016 847

TRUMP MAY HAVE WRONG ASIAN CURRENCY IN HIS CROSSHAIRS


In its October foreign exchange report, the outgoing Obama administration gave both Taiwan and China a pass by not naming either a currency manipulator... READ MORE

12th December, 2016 827

CHIEF OF BITCOIN EXCHANGE MT. GOX PLEADS NOT GUILTY TO EMBEZZLEMENT


Chief of bitcoin exchange Mt. Gox pleads not guilty to embezzlement Nikkei... READ MORE

11th July, 2017 825

GOOD FOR SHOPPERS, BAD FOR OIL PRODUCERS


Traditionally the value of the Canadian dollar moves with oil as oil prices move higher, the loonie does as well... READ MORE

25th July, 2017 751

U.S. STOCKS SLIP, DOLLAR GAINS AFTER FRENCH VOTE


The common currency faces headwinds after moving further than bonds in recent days, and because data shows investors still shorting the euro, he said... READ MORE

8th May, 2017 744

TRUMP STRONG DOLLAR WARNING SENDS US CURRENCY TUMBLING


President Donald Trump has triggered a sharp decline in the US dollar by criticizing the currency's strength on the back of increased confidence in his presidency... READ MORE

13th April, 2017 722


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