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Tag: currency


Activity, Trading

Dollar takes back chunk of post-Fed losses

March 21, 2019

Via: Market Watch

The U.S. dollar climbed in early Thursday trading, retracing some of its losses from the previous session that it incurred after the Federal Reserve reiterated its dovish monetary policy stance. The U.S. central bank cut its expectations for 2019 interest-rate […]


Activity, Trading

Dollar extends advance as rate differentials, trade spat drive trading

June 15, 2018

Via: Market Watch

The leading dollar index hit a seven-month high Friday, boosted by lingering U.S. economic optimism, even as global markets braced for the next round of trade jabs between economic powerhouses China and the U.S. The still largely disparate interest-rate policy […]


Capital and Risk, Liquidity

Currencies: Dollar pulls back from 2018 high after fresh tariff threats, dovish Fed minutes

May 24, 2018

Via: Market Watch

The U.S. dollar declined on Thursday, pulling back from a 2018 high on renewed trade-war jitters after the Trump administration said it was investigating whether to slap import tariffs on cars. Meanwhile, the British pound gained strength on the back […]


Capital and Risk, Liquidity

Dollar holds after data-fueled climb, heads for fourth weekly gain in a row

March 16, 2018

Via: Market Watch

The U.S. dollar held on to its gains after climbing higher in the wake of stronger-than-expected economic data, reversing a previous loss that had the buck trading at a nine-day low. This move also led to some of its rivals […]


Capital and Risk, Liquidity

Bitcoin has ‘pretty much failed’ as a currency, Bank of England Governor Carney says

February 20, 2018

Via: CNBC

Bank of England Governor Mark Carney raised concern over extreme volatility in the world’s best known digital currency. “It has pretty much failed thus far on … the traditional aspects of money. It is not a store of value because […]


Capital and Risk, Liquidity

Dollar trims losses as euro’s GDP-inspired boost fades

January 30, 2018

Via: Market Watch

The U.S. dollar pared earlier losses on Tuesday as the trading day marched on and the euro gave up some of the gains it achieved on the back of strong economic growth data. What are currencies doing? The ICE U.S. […]


Activity, Trading

Currencies: Dollar sees choppy trade after payrolls data

December 8, 2017

Via: Market Watch

The U.S. dollar saw volatile trading after the release of nonfarm payroll data, which beat consensus estimates, while average hourly wage data disappointed. What are currencies doing? The ICE U.S. Dollar Index DXY, +0.28% was last up 0.2% at 93.950. […]


Capital and Risk, Liquidity

Dollar extends gains as Powell confirmation gets on under way

November 28, 2017

Via: Market Watch

The U.S. dollar added to previous gains against its major rivals on Tuesday, as traders braced for remarks from Jerome Powell, the Federal Reserve official nominated to take the baton from Chairwoman Janet Yellen when her term ends in February. […]


Retail Banking

China central bank to launch digital currencies

January 21, 2016

Via: CNBC

China’s central bank wants to launch its own digital currencies to cut the costs of circulating traditional paper money and boost policymakers’ control of money supply, the People’s Bank of China said on Wednesday. A PBOC research team set up […]


Activity, Trading

9 Smart Uses for Leftover Foreign Currency

January 11, 2016

Via: Daily Finance

Traveling internationally? Unless you’re meticulous at forecasting travel costs and only withdraw the precise amount of cash you’ll need, it’s likely you’ll return stateside with a pocket full of euros or yen. Most foreign exchange servicesdon’t accept smaller denominations, so […]