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Currencies

Currencies

Pound climbs into BoE decision after Black Friday boosts retail

Dec 14 2017 13:57

The pound has risen heading into the Bank of England’s final interest-rate decision of the year after retail sales were boosted by Black Friday to beat economist expectations.

Currencies

Traders brace for 'explosive' rand moves after ANC election

Dec 14 2017 10:25

Just days before the ANC elects a new leader to replace President Jacob Zuma as party head, the rand’s implied volatility versus the dollar has shot up to levels last seen in 2008.

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Currencies

Dollar suffers further losses as Fed fails to inspire

Dec 14 2017 07:41

The dollar has suffered fresh losses as Asian investors followed their New York counterparts in shifting out of the unit, unmoved by another interest rate hike and the upbeat economy.

Currencies

Dollar eyes best week this year, Asia stocks climb

Dec 08 2017 07:52

The dollar is poised for its biggest weekly gain this year as the US tax reform bill made encouraging progress and ahead of employment data that’s expected to show hiring remains robust.

News

Bitcoin soars through $14 000, up more than 40% this month

Dec 07 2017 06:50

Bitcoin, the largest cryptocurrency by market value, has soared more than 40% in this month alone to trade at a record $14 000 from just $1 000 at the start of the year.

News

Bitcoin bursts to $12 000 as futures move closer to reality

Dec 06 2017 06:14

Bitcoin surpassed $12 000 for the first time amid speculation that the widespread use of futures will help lead to digital currencies being viewed as a legitimate asset class for mainstream investors.

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