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Monthly archive February, 2018

USD short covering continues fueling the rebound ahead of fed minutes; Gold sells off

USD rebound continues, as we enter what seems to become the fourth consecutive daily gain on the US Dollar index (DXY). FOMC Meeting Minutes for the January meeting may shed some light on the faith of the USD – but Read More →

South Korea Cryptocurrency Exchange Revenue Rises 88 Times

The commission-related sales of South Korean cryptocurrency exchanges have increased by about 88 times last year compared to the previous year, a report said. South Korea's Yonhap news agency published government data collected by Rep. Park Kwang-on. Total commission-related sales Read More →

US Dollar takes a breather after seeing levels that were lowest since 2014

The USD continues to distance itself from Friday’s 3-year lows of 88.25 seen on the US Dollar index (DXY), an index which measures the strength of the USD against a basket of currencies. So far it seems we are entering Read More →

New Zealand Q4 Producer Price Outputs Rise 1% On Quarter

Producer price outputs in New Zealand climbed 1.0 percent on quarter in the fourth quarter of 2017, Statistics New Zealand said on Tuesday - in line with expectations and unchanged from the previous three months.Original Article Read More →

U.S. Import Prices Jump More Than Expected In January

Import prices in the U.S. jumped by more than expected in the month of January, according to a report released by the Labor Department on Friday, while export price growth also exceeded estimates. The Labor Department said import prices surged Read More →

Bank Of America Tops List Of Cryptocurrency Patents

Bank of America has emerged as the company that has the most cryptocurrency patents in the world. The second-largest bank in the U.S. has so far applied for or received 45 patents for blockchain, the ledger technology used for verifying Read More →