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TheÂ US dollar extended yesterdayâ€™s rally today asÂ positive economic data from theÂ United States fueled talks about aÂ possibility ofÂ anÂ early interest rate hike from theÂ Federal Reserve.(...)Read the rest of Dollar Extends Rally on Positive GDP & Jobless Claims Data (105 words) Posted on Forex News.
Â On October 27, 2014, the Financial Crimes Enforcement Network (FinCEN) released new guidance for custodial bitcoin exchanges and payment processors, ruling that such companies may be considered money services businesses under US law. The past couple of days have been very hectic. Besides fielding calls from lots of people, everyone is asking the same question. What can a Bitcoin company, operating in the US, now do to get back to business' Are you affected by the...
Euro is gaining ground against theÂ UK pound, but losing ground against theÂ US dollar andÂ theÂ Japanese yen. TheÂ 18-nation currency continues toÂ struggle asÂ risk appetite fades from theÂ Forex market, andÂ asÂ expected policy divergence between theÂ United States andÂ theÂ eurozone widens. (...)Read the rest of Euro Trades Down Against US Dollar, Japanese Yen (114 words) Posted on Forex News.
TheÂ US dollar weakened yesterday andÂ retained its softness today asÂ theÂ string ofÂ poor economic data from theÂ United States led toÂ speculations that theÂ Federal Reserve will not start monetary tightening asÂ early asÂ was thought previously. TheÂ greenback retained its gains versus theÂ Japanese yen.(...)Read the rest of Dollar Retains Weakness Ahead of FOMC Decision (130 words) Posted on Forex News.