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Currency

The world’s money markets can change within minutes – and new developments are taking place every second.
To keep you up to speed, our currency writers provide you with the latest news on the international and FOREX markets, foreign exchanges, currency exchange rates, and other relevant financial matters.
We also provide commentary and groundbreaking analysis so you have a broad understanding of the developments shaping economies.
Whether you require the latest currency news as a trader, are thinking of widening your investment portfolio, or would simply like to keep abreast of the latest exchange rate developments, we deliver.

The massive surge in the price of Bitcoin from $900 to nearly $20,000 last year was like the spread of an infectious disease, says an economist. The 900% increase in Bitcoin value was driven by buyers clamouring for a stake in the digital currency buoyed by the euphoria surrounding the...
The cryptocurrency gravy chain that saw so many investors make huge profits from soaring investment values seems to have hit the buffers. All the major cryptocurrencies other than Ethereum are trading down and have a market value that is at least a huge 50% below the highs of only a...
The numbers just don’t add up in the first state-backed cryptocurrency offering. Venezuela launched El Petro amid a blaze of publicity with President Nicolas Maduro claiming that the venture raised $5 billion for the cash-strapped economy that has seen inflation rage like a wild fire for the past five years. Mismanagement...
Banks are banning cryptocurrency purchases on credit cards because they fear they will be left holding huge debts if something goes wrong with the transaction. The banks and card issuers have concerns about how they can manage cryptocurrency issues. The major worry is that customers could buy into a cryptocurrency, such...
Europe’s top policeman has joined the clamour for more regulation of cryptocurrency to stop organised crime gangs from laundering their illicit cash. Europol director Rob Wainwright reckons criminals generate £100 billion each year from people trafficking, drugs, illegal weapons and other activities - and that between £3 billion and £4...
British investors who want to buy into the Bitcoin bonanza have few choices about where to go to make a secure purchase. But one UK online fund supermarket has opened the door on Bitcoin investing by offering access to the market for SIPP and brokerage accounts. Investors can buy into exchange...
Questions are being asked about the slide of the Indian rupee against the world’s major currencies. Not long ago, the rupee was up around the 80 mark against the US dollar, but months of steady collapse have left the Indian currency hanging loose in the wind. Now, currency experts and analysts...
The utility and power of Bitcoin can be debated to no end. Some view it as the next stage in world currency—a clever and robust digital alternative that in time will replace conventional forms of money. Others view it as an potential investment, something to be bought and stored...
Transferring money from Britain to Thailand often leaves a sour taste because most people think the bank or exchange bureau has conned them. The companies are in foreign exchange quite literally for the money. They know that anyone who wants to send money between countries and currencies has to use a...
Despite a source familiar to the matter claiming JPMorgan Chase does not have plans to introduce a competing online currency product, the international press has been awash with stories focusing on the leading lender’s ‘bitcoin killer.’ Digital currencies – a much published alternative to the cash currencies organised and managed...
A stronger pound is good news for expats who have more spending power overseas. Sterling has seen a steady rise against other major currencies over recent months, and the signs are that as the UK economy outpaces recovery in Europe, the gap will continue to widen between the value of...
If you are a British cryptocurrency trader, the deadline day for tax filing is fast approaching, but do you know if you have any profits to declare - and if so how to declare them? The answer is probably no as cryptocurrency is a fiendishly complicated market with fluid rules...
Bitcoin has broken new ground with the price heading to new record highs this week – but should you invest in cryptocurrencies? Bitcoin may be the most well-known, but more than a thousand cryptocurrencies are living on the internet. Few are worth more than a few dollars, with Ethereum and Ripple...
The cryptocurrency market has lost $640 billion after peaking in January - and the fall is led by the second largest digital coin, ether. Ether has plunged to a 12-month low of $172.48 from a high of $1,359.48 on January 13. The collapse started over the weekend when the US Securities...
Expat investors buying homes in Britain are cashing in on massive discounts afforded by the falling value of the Pound. Currency exchange rate fluctuations are piling up cash reductions on the price of property. Investors in 18 of the G20 developed nations can all pick up discounts of between 9.5% and...