European regulators slam major banks for forex manipulation
European regulators slammed a handful of major banks with a billion dollar fine for rigging forex markets.
EU antitrust regulators have fined Barclays, Citigroup, J.P. Morgan, and Royal Bank of Scotland a massive €1.07 billion...
Binance loses $41 million as exchanges grapple with growing threat from hackers
Binance, one of the world's biggest cryptocurrency exchanges, fell victim to a major data breach on Sunday evening.
The "security breach" as Binance is reporting it, led to 7,000 bitcoin being taken from the exchange...
Why crypto could spark a financial revolution
Listen, we all know what happened with crypto markets last year…
Investors lost their shirts. There was blood in the streets. Major news outlets declared the death of the space. But you and I both...
World’s largest wealth fund slashes exposure to emerging markets
The world's biggest sovereign wealth fund is minimizing its position in emerging markets.
According to its finance ministry, Norway's $1 trillion sovereign wealth fund is set to cut down its $300 billion fixed-income portfolio by...
Bitcoin continues rally, surpasses $5,000
Bitcoin surged unexpectedly overnight, stimulated by an unusual high-volume purchasing spree, bringing the bulls back into the crypto-sphere.
Despite last week's fall below the key $4,000 support level, Bitcoin soared as much as 20, breaking...
Gold falls below $1,300 as the dollar rebounds
Gold crept upward slightly over the weekend in its path to a second quarterly rise as the dollar fell slightly on lukewarm U.S. financial data.
U.S. consumer spending rose less than forecasted in January and earnings...
Bitcoin prices fall below key support level
Bitcoin prices are down over a percent on the day, trading around $3,960 range, according to CoinMarketCap.
Some experts believe that if Bitcoin fails to stabilize above $4,000, a further drop could be expected as...
Hong Kong intervenes to protect dollar peg
Hong Kong is rushing to intervene as the country's currency inches alarmingly near to unhinging from its USD peg.
This month alone, the Hong Kong Monetary Authority has invested HK$ 7.4 billion (US$ 1 billion)...
The catalyst that could wake sleeping FX markets
FX markets have been surprisingly calm over the past few years, and it looks like only a crisis might wake the sleeping bear.
This week, the JP Morgan global foreign exchange volatility index fell to...
Dollar takes a hit as trade war woes worsen
The U.S. dollar is revealing weakness at the start of the week, as investors bet on a dovish Fed and disappointing financial growth.
The U.S. dollar fell versus all the notable currencies other than the...
