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News

The US Federal Reserve Indicates 3 Rate Hikes in 2017
 

The US Federal Reserve Indicates 3 Rate Hikes in 2017

Following are currency forecasts, analyses, and reactions to exchange rates for Euro, British Pound, and US Dollar for Federal Open Market Committee (FOMC) meeting to determine policy. The US Federal Reserve delivered a 25 point rate increase, [...]
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Airport Currency Exchanges Charge Shockingly Huge Rate to Holidaymakers
 

Airport Currency Exchanges Charge Shockingly Huge Rate to Holidaymakers

In news that comes as a major surprise to most people, British airports are estimated to earn as much as £100 million every year thanks to their dealings with currency exchange companies. In fact, airport bureaux de change are now understood to [...]
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Citigroup Invests in London FX Blockchain Startup Cobalt
 

Citigroup Invests in London FX Blockchain Startup Cobalt

Citigroup Inc recently announced that it was investing in forex trading blockchain company, Cobalt. Furthermore, former Nasdaq NLX CEO Charlotte Crosswell is also moving in as a strategic advisor to Cobalt DL and her focus will be on long term [...]
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US Dollar Approaches 14-Year Peaks After Indications of Fed Rate Hikes
 

US Dollar Approaches 14-Year Peaks After Indications of Fed Rate Hikes

The US Dollar is all set to finish 2016 in a big way, surging ahead this week to approach 14-year highs against a basket of currencies including the euro. The big gains have come in anticipation of increased rate hikes by the U.S. Federal [...]
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The US Dollar Slows Down, Approaching 14-Year Peak
 

The US Dollar Slows Down, Approaching 14-Year Peak

The US Dollar has slowed down its steady climb as it nears its 14-year peak against a basket of leading currencies. Interest in the currency seems to have flagged slightly Wednesday in what can only be termed a pause for reorientation. Investors [...]
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US Dollar Steadies After Trump-Inspired Surge
 

US Dollar Steadies After Trump-Inspired Surge

The United States Dollar which has been on a sharp rally over the past couple of weeks has finally slowed down just before the Thanksgiving holidays. The currency had reached a 13-1/2-year high this Wednesday as a result of rising positive [...]
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Dollar Rises Up, Beating the Other Currencies of the World
 

Dollar Rises Up, Beating the Other Currencies of the World

Recently, the hike of dollar against the major currencies of the world was in the news. It is known that the Federal Reserve is expected to raise the interest rates right after the increased bets by the investors. In comparison to the dollar, [...]
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