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Monthly archive August, 2018

Cryptocurrency Daily Roundup – Aug. 7

Most of the cryptocurrencies returned to the green Tuesday with Bitcoin moving above $7,000 mark. There are some positives going for the top cryptocurrency as it gains more market share, boosting hopes of a breakout. Expectations are high that regulators Read More →

Pound stays weak as no-deal Brexit stokes fear

The pound was frail on Tuesday after dropping to an 11-month low against the dollar overnight on worries over a 'hard' Brexit from the European Union, as simmering U.S.-China trade tensions provided support to the greenback.

Talk of a Read More →

Taiwan Inflation Accelerates More Than Forecast

Taiwan's consumer price inflation accelerated at a faster-than-expected pace in July, figures from the Directorate General of Budget, Accounting and Statistics showed Tuesday.Original Article Read More →

Cryptocurrency Daily Roundup – Aug. 6

Cryptocurrencies continue to trend lower Monday morning and Bitcoin has retreated below $7,000. Market capitalization also decreased and was $252.06 billion as of 10.15 am ET on CoinMarketCap.Original Article Read More →

Dollar firm as steady jobs data strenghten rate expectations

The dollar held its footing against a basket of its major rivals on Monday after U.S. job data reinforced investors' expectations the Federal Reserve will gradually raise interest rates this year.

The Dollar Index, which measures the greenback against Read More →

Bank Of England Hikes Key Rate By 25 Bps In Unanimous Vote

The Bank of England lifted its key benchmark rate by a quarter point to the highest since 2009 as policymakers were more concerned about above target inflation than Brexit uncertainties. The Monetary Policy Committee, headed by Governor Mark Carney, unanimously Read More →