Trading

Image for Sterling rises as Sunak victory in PM race offsets economic gloom

Trading

Sterling Rises as Sunak Victory in PM Race Offsets Economic Gloom

Image for Capitalizing on Cryptocurrency: Tips for Protecting Against Fraud, Minimizing Risk and Maintaining Compliance

Trading

Capitalizing on Cryptocurrency: Tips for Protecting Against Fraud, Minimizing Risk and Maintaining Compliance

Image for The retail case for CBDCs: public money for the public

Trading

The Retail Case for CBDCs: Public Money for the Public

Image for Market reaction to the pound hitting a record low

Trading

Market Reaction to the Pound Hitting a Record Low

Image for Sterling falls again as investors await Friday’s U.S. jobs data

Sterling Falls Again as Investors Await Friday’s U.S. Jobs Data

Date: October 6, 2022

By Harry Robertson LONDON (Reuters) -Sterling slipped on Thursday after a sharp drop the previous day, as investors waited for Friday’s highly significant U.S. jobs data. The pound was 0.66% lower against the dollar at $1.1244, after dropping 1.4% on Wednesday. The euro was last up 0.38% against sterling at 87.67 pence. Gyrations in the...

Image for Dollar gains as Friday’s U.S. jobs data looms

Dollar Gains as Friday’s U.S. Jobs Data Looms

Date: October 6, 2022

By Alun John LONDON (Reuters) – The dollar edged up on Thursday, extending its gains from the previous day as investors looked ahead to U.S. labour and inflation data for any softness that could signal slowing U.S. rate hikes and weaken the greenback after months of strength. The euro EUR=EBS> was down 0.27% to $0.9859,...

Image for Democratisation in Trading: Deriv Continues to Drive Accessibility

Democratisation in Trading: Deriv Continues to Drive Accessibility

Date: October 5, 2022

As one of the world’s largest online brokers, Deriv has grown its customer base to more than 2.5 million over the past 23 years. Deriv offers CFDs and other derivatives on forex, indices, cryptocurrencies, commodities and synthetics to its users around the world. Its Head of Marketing & Global Partnerships, Derek Swift, joined the organisation...

Image for Dollar soars to two-decade high as Putin shakes FX market ahead of Fed

Dollar Soars to Two-Decade High as Putin Shakes Fx Market Ahead of Fed

Date: September 21, 2022

By Dhara Ranasinghe and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar surged to a new two-decade high on Wednesday just ahead of another expected aggressive Federal Reserve interest rate hike, as investors fled for safety after a decision by Russian President Vladimir Putin to mobilize more troops for the conflict in Ukraine. Putin on...

Image for Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Cryptoverse: After Merge, Ether Heads for a $20 Billion Shanghai Splurge

Date: September 20, 2022

By Medha Singh and Lisa Pauline Mattackal (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices. The Ethereum blockchain’s mega-upgrade finally went live on Sept. 15, moving it to a less energy-intensive “proof of stake” (PoS) system with hardly a hiccup. Even though anticipation of the event had seen...

Image for Yen jumps vs dollar after BOJ rate check, hints on intervention, U.S. PPI data

Yen Jumps vs Dollar After BOJ Rate Check, Hints on Intervention, U.S. Ppi Data

Date: September 14, 2022

By Caroline Valetkevitch and Alun John NEW YORK/LONDON (Reuters) – The yen was up more than 1% against the dollar on Wednesday after the Bank of Japan conducted a rate check in possible preparation for currency intervention, with the Japanese currency strengthening more in the wake of U.S. producer prices data. In a rate check,...