currency

The global coronavirus pandemic has impacted forex market performance, with many smaller currencies outperforming the more liquid ones.  Prior to the COVID-19 outbreak, Brexit and the trade war between the U.S. and China determined FX performance. “Before the COVID-19 outbreak,...

Treasury Secretary Steven Mnuchin on Monday determined China is manipulating its currency and will engage with the International Monetary Fund (IMF) to eliminate the "unfair competitive advantage" created by the country's latest actions, Treasury said in a press release Aug. 5. "In recent days,...

Bitcoin’s meteoric rise in 2017 has catapulted it to the front of the pack of leading cryptocurrencies with a market cap of nearly $280 billion. Even with bitcoin now priced at around $17,000 per coin and the Bitcoin Investment Trust (OTC: GBTC) up 1,600 percent year-to-date, numismatists...

Investors have been flocking to safe-haven assets this year, but in the flight to safe currencies, the U.S. dollar has not benefited. The PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP), which serves as an exchange-traded fund proxy for the U.S. Dollar Index, is off slightly year-to-date...

Emerging markets currencies and equities are struggling once again this year, but the WisdomTree Indian Rupee Strategy Fund (NYSE: ICN) continues to be relatively sturdy compared to broader baskets of developing world currencies. ICN “seeks to achieve total returns reflective of both money...

Small-cap ETFs were shunned in 2014 for lackluster performance that lagged far behind their large-cap peers. Nevertheless, funds that track small-cap stocks are shaking off that weakness this year and attempting to restore faith in a forgotten growth story. iShares Russell 2000 Index The...

The International Coffee Organization released a report showing that it sees international demand for coffee rising by nearly 25 percent over the next five years, despite sagging production. A drought in Brazil combined with a fungus affecting Central American output has reduced estimates for...

In the second half of 2013, Bitcoin made an unprecedented jump from the $70 level and passed $1,140 from July to December, an increase of more than 1,000 percent. Then, it dropped. Not as drastically as it popped, but the crypto-currency has been on a steady decline since that all-time high....

News that a Malaysian commercial aircraft with nearly 300 people on board had crashed -- and was possiblly shot down -- near the Ukrainian-Russian border on Thursday has prompted both air carriers and Russian shares to move lower. Airline Movers: SkyWest, Inc. (NASDAQ: SKYW) down 3.91percent...

Positioning Open short at eur/usd at current price targeting long-run technical level 1.3521 (50.00 percent of Fib. retracements 2009-2010 and 2011-2012 two highest and lowest levels repsectively). The currency is trading in the highest price since Nov. 2011. Technically, under the stochastic...

Bitcoin, the crypto-currency that has become immensely popular in the tech and finance world, is still somewhat of a mystery. Many pundits and analysts have a hard time trying to figure out what Bitcoin actually is -- is it a commodity? How can it work without any regulation? Can it develop into a...

As reported in the Financial Times, Chinese officials were using the government shutdown in the United States to push for greater usage of the Chinese currency, the yuan, as a monetary unit for the settlement of transactions around the world. A major part of the lobbying effort pointed to the...