Posts Tagged ‘currency’

EURUSD Steady Around 1.34300

by Forex Rooton July 28, 2014 9:02 am BST
EURUSD was around $1.3434 at 7:38 a.m., little changed from July 25, when it reached $1.3422, the strongest since Nov. 21. The US currency was at 101.87 yen from 101.84 at the end of last week. USD was about 1% from the strongest level in eight months against the EUR as investors raised bets it […]

Danish Bourse to Become World’s First to Offer EURNXT & USDNXT

by Forex Rooton July 18, 2014 10:36 am BST
Danish’s virtual currency bourse setting Bitcoin dominance on a challenge after its announcement that it will become the world’s first party to offer its clients to swap USD and EUR against NXT. This step is fourth-largest crypto-payment form which until now has only been traded via bitcoin. Bitcoin, in which CCEDK also offers trading, has […]

New Zealand’s Dollar Slumped The Most in Seven Weeks

by Forex Rooton July 16, 2014 8:06 am BST
New Zealand’s consumer prices rose 1.6 percent in the second quarter from a year earlier, less than the 1.8 percent increase. The central bank has raised its benchmark rate by 75 basis points, or 0.75 percentage point, this year to 3.25 percent, the highest among major developed nations. New Zealand’s dollar slides most in seven […]

FSB Weighs Wider Window for Foreign-Exchange Benchmarks

by Forex Rooton July 15, 2014 3:18 pm BST
Global regulators published details of their plans to overhaul foreign-exchange benchmarks in response to allegations traders colluded to manipulate rates in the $5.3 trillion-a-day currency market. The Financial Stability Board proposed changes to the way the WM/Reuters rates are calculated, including extending the length of the one-minute windows on which the benchmark is based, and […]