The excitement kicked off on Monday with word that South Korea â one of the world's busiest and priciest bitcoin trading hubs â was on the verge of banning digital currency exchanges. âThere are great concerns regarding virtual currencies, and the justice ministry is basically preparing a bill to ban …
See Original Article
At 9:18 a.m. EST (1418 GMT), the Canadian dollar was trading at C$1.2428 to the greenback, or 80.46 U.S. cents, up 0.2 percent. The currency touched its strongest since Tuesday at C$1.2405. Speculators have raised bullish bets on the Canadian dollar for the first time in three weeks, data from the …
See Original Article
Investing.com – The dollar continued to fall against a currency basket on Monday amid speculation that the European Central Bank is preparing to scale back its massive stimulus program, as trading remained thin on a U.S. holiday. The U.S. dollar index, which measures the greenback's strength against …
See Original Article
Data from the Chicago Futures Trading Commission show that hedge funds' and speculative accounts' short dollar position against a basket of major and emerging currencies virtually doubled in the week to Jan. … Most of the FX market's bearish view on the dollar is rooted in its bullish view on the euro.
See Original Article