Rise for the yen, other Asia-Pacific currencies in forex marketsRise for the yen, other Asia-Pacific currencies in forex marketsRise for the yen, other Asia-Pacific currencies in forex markets

Grayscale Capital, the producer of exchange-traded shares based on leading digital coins, appear to be shifting its strategy on inviting institutional investors. There has been some changes with its GBTC shares, which are on a special offer, with their Bitcoin (BTC) component at Native Asset Value (NAV).Shares of the Grayscale Bitcoin Trust (GBTC) typically areContinue reading “Rise for the yen, other Asia-Pacific currencies in forex marketsRise for the yen, other Asia-Pacific currencies in forex marketsRise for the yen, other Asia-Pacific currencies in forex markets”

Pound plummets in forex markets after more Brexit problemsPound plummets in forex markets after more Brexit problemsPound plummets in forex markets after more Brexit problems

Commenting on the rising Brexit optimism following Thursday’s talks between Irish Prime Minister Leo Varadkar and his British counterpart, Boris Johnson, “today is an injection of some much-needed optimism but mark my words, we are not there yet,” said Irish Foreign Minister Simon Coveney, per Reuters.“The positivity has to translate to negotiation in Brussels, intoContinue reading “Pound plummets in forex markets after more Brexit problemsPound plummets in forex markets after more Brexit problemsPound plummets in forex markets after more Brexit problems”

Problems for dollar in forex markets as difficult US data releasedProblems for dollar in forex markets as difficult US data releasedProblems for dollar in forex markets as difficult US data released

Assessing Thursday’s inflation report from the United States (US), “September Core Consumer Price Index (CPI) inflation came in below expectations at 0.1% mom (ABN/consensus: 0.2%), while the annual measure was in line at 2.4% yoy (the difference due to rounding),” noted ABN AMRO senior economist Bill Diviney. “The downside surprise was driven by bigger paybackContinue reading “Problems for dollar in forex markets as difficult US data releasedProblems for dollar in forex markets as difficult US data releasedProblems for dollar in forex markets as difficult US data released”

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