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...
Currency manipulator designation sends market into a tailspin
In a rare move, the United States Treasury has officially labeled China as a currency manipulator, a move that could have unforeseen impacts on global markets.
The U.S. Treasury Department officially labeled China a currency...
Pound continues to slide as no-deal Brexit looms
The pound is taking a pounding versus the dollar, euro and other currencies as the possibility of a no-deal Brexit looks increasingly likely.
Under new Prime Minister Boris Johnson, the government has strengthened its stance...
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)...
Can bitcoin return to its roots?
Bitcoin underwent a sort of transformation in 2018…
Consider it the awkward teenage years of the burgeoning crypto space.
Cryptos stumbled, struggling to find its place in the world. And regulators, officials and traditional economists didn’t...
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...
Coinbase Custody completes first cold-storage OTC trade
If you're active in the crypto community and have been on Linkedin at any time in the previous year, I am sure you're aware of how much of a 'wild west' the OTC market...
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...
Tether no longer backed by fiat alone
Tether, among the most popular stablecoins in the cryptocurrency world, is a widely used vehicle for hedging against the volatile crypto market, as well as getting dollars in and out of exchanges easily. And...
Hyperinflation hits the U.S. dollar in Venezuela
As Venezuela's embattled government continues its downward spiral, hyperinflation is soaring. And now, not even the U.S. dollar is immune.
Once a prosperous country, Venezuela is suffering from the collapse of its economy amid corruption,...
