Sunday, December 15, 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.

Cryptojacking has increased by more than 450% this year and shows no sign of slowing down, according to new research. Cryptojacking is when a remote computer illicitly takes control of a device and harnesses the processor power to mine cryptocurrency. The Cyber Threat Alliance (CTA) says detections of malware have increased...
Just when investors thought the Euro crisis was over comes research showing that financially-savvy Brits say they are concerned about the collapse of the currency and what it means for them. The study by wealth advisors Towry revealed that 13% of Brits have Euro collapse fears, particularly now France is...
Black market spivs and organised crime gangs are the target of pulling millions of currency notes out of circulation in Venezuela. With inflation so high that the government has stopped recording the statistics, a 100 bolivar note is worth a few US cents on the black market in Caracas and...
The halvening has passed as expected – slashing the value of newly mined units of the virtual currency Bitcoin by 50%. The halvening was an automatic slowdown in the generation of new Bitcoin written into the master code. The authors have included halvenings at prespecified times to preserve the value of...
City regulators are proposing a ban on selling investors derivatives and exchange traded notes based on cryptocurrency. The Financial Conduct Authority believes consumers fail to understand the risks of the market. A damning analysis fears investors face sudden and unexpected losses and argues the market should be cleared of poor products. The...
Currency experts believe the sudden closure of a leading British Bitcoin exchange is the beginning of the end for the virtual currency. Beset by scandal and fraud, Bitcoin has struggled to lead the way as the world’s first major online currency. The strengths appear to be the very weaknesses pulling the...
Horrified investors who have accounts with one of the world’s largest Bitcoin exchanges are set to lose more than a third of their money following a $65 million hack. Even if their accounts were unaffected by the theft, Bitfinex will take 36% of their deposits to help compensate customers who...
Bemused holders of the virtual currency Bitcoin are wondering what has happened to millions of dollars of their money as a major online trader’s web site closed without warning. MtGox suddenly went offline among rumours and speculation that hackers had breached the security code of the digital currency. Bitcoin has had...
Deflation in the Eurozone is the latest potential financial crisis to hit British expats in retirement destinations like Spain, France and Portugal. The European Central Bank admit deflation is a real concern and is putting checks and balances in place to try to avoid falling prices. Although a cheaper cost of...
Mortgage borrowing has just become that much harder for expats as new European mortgage rules mean many hopeful buyers could find they are locked out of the market next year. Workers with foreign income looking to borrow to fund buying a home overseas will have to negotiate the tough terms...
The Australian Dollar may be riding high for now, but a reality check is on the way and the price is expected to fall against the US Dollar by the end of the year. BNP Paribas global head of FX Steven Saywell predicts the Aussie dollar will drop from the...
It’s time to revisit US stocks and shares despite a strong showing on the markets this year, says an industry expert. Traditionally, the markets dip in June, causing savvy investors to sell in May. However some fund managers consider that US equities may pick up later this year due to high...
Russian president Vladimir Putin has scoffed at international claims that his country’s economy is in trouble and that rouble is in decline. In a telephone call-in programme on Russian TV, he told viewers that Russia’s economy was performing well and that the rouble was standing strong against foreign currencies. Nevertheless, the...
This past week has be rough for the Brazilian real, it has sunk to the lowest it has been in almost 5 years and was valued at 2.45 real to the US dollar. This slow dive has been rearing its head since reports of investors leaving Brazil towards greener and...
The Federal Reserve Bank announced that they will continue to pump money into the United States economy until March of next year. This news came after the government shutdown that took place due to a difference in Republican and Democratic views on healthcare funding. The 800,000 government employees that were furloughed...