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.

Emerging country policymakers have tried to allay fears over their economies after a spate of investors continue to sell off their emerging currencies. A series of mismanagement allegations and political scandals in some of the world's most prolific developing economies caused chaos on the international stock exchanges on Friday. Traders were...
A money transfer firm has beaten a challenge to build a  cheaper foreign currency exchange system for a leading bank. Money mover CEO Hamish Anderson was asked to build an online dashboard for NatWest Bank based on the firm's innovative cash transfer system. After months of planning, the dashboard went live...
The value of virtual currency Bitcoin is bouncing around trying to find a new level after hitting a new high. Over the past two weeks, the currency exchange rate climbed a massive 40% to hit a new peak of $1,140. Then, the value fell away spectacularly by a fifth in just...
Worries about interest rate rises in the United States may have been put on the back burner by the Federal Reserve. Minutes of the latest open market committee meeting cite concerns about the strengthening dollar and fear of global economic growth faltering may put off a decision to hike rates. The...
Gibraltar is launching a bid to become the world’s virtual currency hub with an exclusive exchange traded instrument for investing in Bitcoin. BitcoinETI will trade on the Gibraltar Stock Exchange (GSX) and colisted on the German Deutsche Bourse under the ticker BTCETI. The move is the first officially traded and regulated...
All eyes are on the Chinese yuan as Asia Pacific central banks tinker with interest rates to try to spur economic growth. Banks are cutting rates around the region in a bid to spur flagging growth and slow down inflation, but all their plans could come to nothing if China...
Expats are bearing the brunt of the Bank of England’s plans to punt interest rate rises into touch. Bank of England governor Mark Carney has put any thought of a rate rise out of mind for many months. He blames low inflation and economic volatility around the world. The news has sent...
The Bank of England is warning that virtual currencies could pose a serious threat to financial stability if their growing popularity leads to a mainstream take-up in Britain. As a result, the bank is urging regulators and the government to develop policies for managing the currencies, such as Bitcoin. The view...
Panic in the foreign exchange markets followed the sudden decoupling of the Swiss France from the Euro. Hedge funds, forex speculators and stock markets all suffered as a result of the measure. English Premier League football club West Ham shirt sponsors Alpari, a retail currency exchange, announced going into insolvency after...
On New Year’s Day Latvia joined the European Union and became the 18th country to adopt the euro. " a big opportunity for Latvia's economic development," noted Latvia’s Prime Minister Valdis Dombrovskis during celebrations in Riga on the cusp New Year’s Day, as fireworks burst off the top of churches...
As currencies fluctuate in value almost hourly, expats would be forgiven for worrying about the impact the volatile markets are having on their cash – especially if they are in retirement and living on limited savings. Now, one expert says that with some planning, expats can safeguard themselves from currency...
Bitcoin has already been consigned to novelty status by high-powered central banks and governments. The virtual currency and other cryptocurrencies are looked upon as novelties and fads by the powers-that-be. Liberal do-gooders who propound the right of individuals to set up their own currency and stay outside the realms of the...
Due to a number of factors in recent months, the American dollar has been entering a slump. It was reported that on Wednesday the US currency reached an eight-month low. The dollar also hit a two year low against the euro and it is now valued at $1.379 versus its...
Virtual currency Bitcoin has suffered a lot of bad press due to a lack of security and regulation for investors but the founders are taking steps to make trading safer for consumers. Tyler and Cameron Winklevoss, two of the founders of the virtual currency, are concerned about fraudsters ripping off...
The investment return on Bitcoin has outstripped the yield of three major currencies this year, according to new data. Bitcoin was not the only cryptocurrency champion - EOS won over 11 currencies and VeChain performed better than five currencies when compared against the US dollar. TRON, Ethereum Classic and Stellar also...