USDCHF trades at the lowest level since March 18 The USDCHF is the next currency to extend to a new extreme against the US dollar (to the downside) following moves by the GBPUSD… Read more »
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation,… Read more »
© Reuters. PBOC Acts to Stabilize Yuan After Currency Underperforms Peers (Bloomberg) — China set its daily reference rate for the yuan at a stronger-than-expected level Thursday, with the central… Read more »
© Reuters. By John Revill ZURICH (Reuters) – The Swiss National Bank hiked its foreign currency interventions to their highest level since the Brexit referendum in 2016, data on Monday… Read more »
While its well-known that the revised Schedule 1 form for U.S. taxpayers now contains a question about cryptocurrencies, what is lesser discussed are the legal ramifications this may have for… Read more »
US dollar hits another record against the peso The market is laser-focused on the coronavirus crisis in developed markets right now. It’s understandable because the newsflow is just overwhelming and… Read more »
It might only be Monday, but it’s already been a busy day on the foreign exchange (forex) markets, with some dubbing the day as “Black Monday” as a slew of… Read more »
Japan is keeping mum still so far today Says want to watch further developments Says that there are nervous moves in the market Still considering BOJ, MOF, FSA meeting ForexLive… Read more »
Today’s arrival of Super Tuesday, that 15-state do-or-die Democratic primary battle, seems like a good excuse for a retrospective on how the U.S. presidential campaign has played out until now. Specifically,… Read more »
CARACAS (Reuters) – More than 50% of basic goods sold in Venezuela’s major cities are paid for in hard currency, a local economic consultancy Ecoanalitica said on Wednesday, amid a… Read more »