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Currency Dealers Warn Against Forex Speculation
The Association of Bureau De Change Operators of Nigeria (ABCON) has attributed the pressure facing the naira at…
Crypto Recovery Stalls As Miners Eye Exits
Cryptocurrencies fought to find a footing on Monday after even weekend cheerleading from Tesla boss Elon Musk…
New Finnish Finance Minister Promises Continuity When She Takes Office Next Week
Annika Saarikko, the leader of Finland’s Centre Party who will take over as finance minister next week, said on…
C.Banks In Ghana, Kenya And Nigeria To Keep Rates Steady Next Week
Central banks in Ghana and Kenya will keep interest rates on hold next week to check quickening inflation while…
U.K.’S Patel To Unveil Post-Brexit Overhaul Of Immigration
U.K. Home Secretary Priti Patel is set to announce a “wholesale” reform of the nation’s immigration system in the…
Nigeria Economic Growth Picks Up As Oil And Factory Output Rise
Nigeria’s economic growth quickened in the first quarter as oil output started to recover and manufacturing…
Bitcoin Resumes Selloff Over Weekend, Falls Below $32,000
The bitcoin selloff continued Sunday following a roller-coaster week of trading, as authorities in China and the…
Consolidation In FX May Be Welcome Given The Volatility Elsewhere
The reluctance of the Federal Reserve officials to signal a recalibration of policy given the booming economy,…
PBOC Says It Will Maintain Exchange Rate ‘Basically Stable
China’s central bank said it will maintain the exchange rate of the yuan at “basically stable” levels after recent…
White House Makes $1.7 Trillion Infrastructure Counteroffer — But Republicans Say…
WASHINGTON — White House aides working on a bipartisan infrastructure deal made a counteroffer on Friday to…
Stocks could be volatile in week ahead amid turbulence from cryptocurrency
The trading pattern of the past two weeks – particularly alongside cryptocurrency’s movements – suggests stocks…
EU Disburses €10m To Combat Human Trafficking In Nigeria
The European Union (EU) says it has invested 10 million euros in Action Against Trafficking in Persons and…
China Should Let Yuan Rise To Offset Imported Price Rises, C.Bank Official Says
China should let its yuan currency strengthen to help offset the impact of rising import prices, a central bank…
CNY: Hints Of A PBoC Change In FX Policy Priorities?
A central bank official has today proposed that China should let the yuan appreciate to offset the rising costs of…
IMF Pushes G20 States To Back $50bn Global Mass Vaccination Drive
Wealthy nation backing for a $50bn (£35bn) mass global vaccination drive could provide a $9tn boost to the world…
Hong Kong To Restrict Crypto Exchanges To Professional Investors
Cryptocurrency exchanges operating in Hong Kong will have to be licenced by the city’s markets regulator and will…
Pound Hits Two-Year High Against Dollar Amid Optimism For UK Recovery –
The pound reached a two-year high against the dollar (GBPUSD=X) on Friday amid rising hopes for a rapid economic…
Sterling Steadies After Strong Retail Sales Data; PMIs In Focus
The British pound was steady in early trading on Friday, on track for a weekly rise versus the dollar, after…
China Will More Than Double Millionaires By 2025, HSBC Says
Pedestrians walk past a Prada SpA store in the Wangfujing shopping area of Beijing, China, on Monday,…
Bitcoin’s Claim Of Rivaling Gold As Portfolio Hedge Loses Luster
ISTANBUL, TURKEY - APRIL 16: A woman uses a bank ATM next to a Bitcoin ATM machine at a shopping mall on…
FOREX-Dollar Set For Weekly Loss As Taper Fears Subside; Crypto Bounce Loses Steam
The dollar hovered around recent lows on Friday and was set to notch a modest weekly drop as traders’ concerns…
How U.S. Government Paper Currency Began, And How Private Banknotes Ended
A couple months ago, in arguing that “The Fed should give everyone a bank account,” journalist Matt Yglesias cited …
Treasury Calls For Crypto Transfers Over $10,000 Reported To IRS
The U.S. Treasury said the Biden administration’s proposal to strengthen tax compliance includes a requirement for…
Bitcoin’s Wild Price Moves Stem From Its Design — You’ll Need Strong Nerves To…
So you want to play in crypto and become a millionaire overnight? Brace yourself for more days like Wednesday.…
Cathie Wood Buys More Coinbase Amid Crypto Plunge
Ark Invest’s Cathie Wood is buying more shares of Coinbase amid the spiral in crypto prices.
The Ark Invest…
UBS Upgrades Chipotle To Buy, Says Stock Can Jump 30% From Here
Chipotle Mexican Grill should benefit from the economic reopening while also holding on to increased digital…
Dogecoin Jumps After Elon Musk Tweet Fans More Wild Cryptocurrency Trading
The price of dogecoin spiked Thursday morning after Tesla CEO Elon Musk mentioned the coin on Twitter, adding…
JPMorgan Chase Launches New Health-Care Business After Winding Down…
JPMorgan Chase is going it alone.
After the health-care joint venture formed by Amazon, Berkshire Hathaway …
As Bitcoin Lurches, Wall Street Plots Its Way Into Cryptoland
CRYPTO BUFFS have had a punishing week. On May 13th Tether, which issues a “stablecoin” widely used to facilitate…