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Currency NewsBrexit: Lawmakers Move to Block No Deal, Johnson Counters With Election ThreatThe U.K. pound surged in early London trading Wednesday after lawmakers wrested control of the parliamentary agenda in Britain's House of Commons last night, a move that both reduces the changes of a No Deal Brexit and inches the country closer to its third national election in four years. 9/4/19 7:03AM Cryptocurrency in Focus: RippleXRP recently strengthened its hand through a major deal with money-order giant MoneyGram. 8/20/19 12:30PM Cryptocurrency in Focus: BitcoinTheStreet is teaming up with Flipside Crypto to check out key cryptocurrencies. Here's a look at bitcoin (BTC), the most popular cryptocurrency in the market. 8/6/19 4:17PM US Treasury Department Labels China a 'Currency Manipulator': What Happens Next?The U.S. Treasury Department's decision to label China a currency manipulator may satisfy a long-standing ambition of President Donald Trump, but it will have little impact on actions in Beijing as it continues to hold firm against an increasingly aggressive stance on trade and tariffs from the White House. 8/6/19 12:42PM US Treasury Labels China a Currency Manipulator; Dow Futures Resume PlungeThe U.S. Treasury Department declared China to be manipulating its currency to gain unfair advantage in international trade late Monday, a move that will trigger formal action from Washington that could accelerate tensions between the world's two biggest economies. 8/5/19 6:54PM Trump Calls China Currency Move a 'Major Violation', Urges Fed ResponsePresident Donald Trump said Monday that China's move to allow its currency to trade at a decade low against the U.S. dollar is a "major violation" that should warrant reaction from the Federal Reserve. 8/5/19 10:49AM Yuan Devaluation Triggers Fed Rate Cut Bets, Dollar Intervention Risk, Trump IreChina's yuan fell to the lowest level against the U.S. dollar in more than a decade Monday as officials in Beijing hit back at President Donald Trump's move to apply fresh tariffs on China-made goods amid a dangerously-escalating trade war between the world's two biggest economies. 8/5/19 5:00AM Trump Tweet Prompts Dollar DropThe value of the U.S. dollar took a hit in currency markets on Wednesday after U.S. President Donald Trump said in a tweet that the U.S. should match China's and Europe's "currency manipulation game." 7/3/19 12:04PM What Is Bitcoin And How Does It Work?In a market where many experts thought it would flame out, bitcoin has survived. And the technology behind it may have a bright future ahead of it. 6/25/19 11:20AM Trump Targets 'Devalued' Euro; German Autos Next for US Tariffs Amid NATO Spat?President Donald Trump singled-out the euro as an undervalued currency Tuesday in what could be a sign that Europe, and its $1.2 trillion auto sector, is next on his tariff hit-list. 6/11/19 1:51PM Bitcoin Comeback? Cryptocurrency Briefly Tops $5,000 in Mystery Overnight SurgeBitcoin prices spiked higher Tuesday, briefly topping the $5,000 mark for the first time in nearly five months, in a move that has left market watchers bewildered by the mysterious surge. 4/2/19 8:28AM Central Banks Turn Dovish, Boosting US Dollar and Accelerating Earnings HeadwindMajor central banks around the world are indicating an increasing need to ease policy as trade tensions accelerate a global growth slowdown, adding upward pressure to the U.S. dollar and another headwind to corporate earnings in the coming quarters. 2/19/19 7:52AM Bitcoin Prices Tumble 9%Prices for cryptocurrency fall below $4,000 for first time this week. 1/10/19 9:27PM Apple Warning Sparks Currency 'Flash Crash,' Highlighting Strong Dollar ConcernsApple's shock revenue warning triggered the biggest 'flash crash' in global currency markets in more than two years. 1/3/19 6:59AM Brexit Chaos Keeps Pound Volatile, Dovish Draghi Comments Trim Euro GainsCurrency markets were active again Friday, following the biggest upheaval for both sterling and the euro in more than two years, as investors continue to grapple with headline risk associated with Britain's looming exit from the European Union and slowing growth and tepid inflation in the Eurozone itself. 11/16/18 5:26AM |
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