Forex News

The SEC Is Finally Looking At the Prospects of a Bitcoin ETF

The US Securities and Exchange Commission (SEC) has now entered a period of active study. It is busily looking at cryptocurrency-based exchange-traded funds or ETFs, and thus it may be…

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How to Pick the Best Forex Pairs for Trading?

There is no right or wrong strategy when it comes to trading with forex pairs, considering that they vary among investors due to different individual needs. For instance, if forex…

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Forex – Dollar Surges vs Higher-Yielders, Fades vs Havens

Investing.com — The dollar was higher against high-yielding currencies but lower against havens in early trade in Europe on Friday, as the week-long flight to safety in global markets continued…

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Malaysia’s Mahathir says economic stimulus package to be announced soon

(Reuters) – Malaysia’s Mahathir Mohamad said on Wednesday, two days after he quit as premier, that an economic stimulus package will be announced soon. A post on Mahathir’s official Twitter…

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Safe-haven yen takes a hit as hopes for China stimulus grow

TOKYO (Reuters) – The Japanese yen traded near a nine-month low versus the dollar on Thursday as risk appetite improved on expectations that China will continue to take steps to…

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CDC Warns Travelers on Hong Kong; Two Die in Iran: Virus Update

(Bloomberg) — The International Monetary Fund reiterated that it sees a rebound in global growth this year, despite risks of a further spread of the coronavirus that has now killed…

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Does Correlation Between Bitcoin Price and Altcoins Mean Buy the Dips?

Bitcoin (BTC) price reached a new 2020 high on Feb. 13, 2020, crossing $10,497 following a 42% gain since the start of the year. This appreciation in price has led…

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Yen holds gains on virus woes, euro crumbles on weak growth outlook

TOKYO (Reuters) – The Japanese yen held onto gains against the dollar on Friday as renewed worries about the coronavirus outbreak supported demand for safe-haven currencies and weighed on prices…

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China FX, Bond Volumes Plunge With Traders Stuck at Home

(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. China‚Äôs currency and bond markets have been devoid of…

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IMF Sees China Rebounding From Virus, Though Uncertainty Is High

(Bloomberg) — International Monetary Fund Managing Director Kristalina Georgieva said the lender is collecting data to assess the impact of the coronavirus outbreak in China, and hopes to see a…

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