Sunday, November 17, 2019
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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.

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...
Microsoft’s internet browser Bing blocked more than 5 million cryptocurrency ads last year. The data was revealed in Microsoft’s annual review of advertising quality. Microsoft explained that digital advertising is a powerful and open channel. “it is also prone to abuse by bad actors trying to defraud and deceive users by delivering...
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...
Bitcoin flirted with a $20,000 valuation before falling to $18,500 at the close of the first day of trading futures on the massive Chicago Mercantile Exchange. The day marked another step towards acceptance as a mainstream investment in this year’s phenomenal rags to riches story of the cryptocurrency as the...
A foreign exchange firm that won customers by slamming banks for overcharging customers is accused of basing the claims on misleading data. TransferWise has taken the foreign exchange market by storm by rubbishing rivals but failed to explain how customers can save money with their service despite relying on the...
Advertising watchdogs are warning expats to watch out for misleading foreign exchange rates quoted by currency brokers. The alert from the Advertising Standards Authority comes after broker World First was rapped for displaying exchange rates that were unavailable to customers on their web site. Rival foreign exchange firm Eris FX complained...
If you want to go shopping online to pay in cryptocurrency, a new app for one of the world’s leading shopping platforms will open the way. Magento is a market-leading shopping and payment software system for online merchants with more than 200,000 web store outlets selling just about anything anyone...
So the Islamic State wants to start minting coins to escape the tyrannical yoke of foreign countries that control economies with the flow of paper money. The Islamic State caliph Abu Bakr al-Baghdadi regards a national currency to underpin the foundations of a wider Islamic empire that harks back to...
Money transfer firms are ripping off customers by making them pay four times over the odds to switch their cash from the UK to an overseas destination, according to experts. More than £600 million is wasted each year in transfer fees – most of which the operators are hiding, claims...
Poor security and the proliferation of devices on the internet of things has opened a new source of victims for cryptojackers. Improving technology means devices such as routers and TV sticks are targets for the crooks illicitly mining cryptocurrencies. Cryptojacking is fast taking over as the malware crime of choice, says...
The world’s leading economies have agreed a strategy to regulate cryptocurrency exchanges in the same way as they lay down rules for commercial banks to operate. The plan was drawn up by the Financial Action Task Force- a talking shop and think-tank for 353 of the world’s leading economic nations. A...
They said it wouldn’t happen, but now economic analysts say there is a currency war in progress. The issue is that Japan has begun to devalue the yen in a bid to make exports cheaper, which in turn will help boost its flagging economy and boost its GDP. Though like most...
A landmark court ruling has sorted out some of the issues for trading the virtual currency Bitcoin. The Court of Justice of the European Union (CJEU) has ruled the supply of Bitcoin is exempt from VAT, but any service involved in the transaction, like the cost of trading is not. The...
If you are a cryptocurrency veteran or a newbie ready to dip into investing, you need to pick a trading platform that is right for you. But with a huge number of exchanges worldwide vying for your custom, how do you know which one to pick? The first decision is probably...
Expat shoppers are cashing in on the slump in the pound by buying their favourite groceries and clothes online from British web sites. Online retailers have seen a massive spike in sales as the result of the plunging pound. One major clothing retailer, ASOS, saw their web site crash. The official reason...