Feb 032018
 
Crackdown Sends Cryptocurrency Prices Tumbling

Leading cryptocurrencies, including bitcoin and Ethereum, tumbled after Bloomberg reported that digital currency exchange Bitfinex was subpoenaed by the U.S. Commodity Futures Trading Commission. In addition to the Bitfinex subpoena, South Korea has begun implementing a new set of stricter …
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Seoul not banning cryptocurrency exchanges, uncovers US$600m illegal trades

SEOUL: South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that … Illegal foreign currency trading of 472.3 billion formed the bulk of the cryptocurrency crimes, it said in a statement, but gave no details on what action …
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Forex – Korea Flows: USD/KRW traded tightly above 1070.00

USD/KRW onshore spot gapped higher to open at fresh 1-month high of 1074.00 from last close of 1073.60. The currency pair sustained trading above 1070.00 handle and traded tightly at 1072.80. South Korea and U.S will begin 2nd round of FTA talks to seek amendments amid rising trade tensions …
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FOREX-Euro gains as dollar bounce runs out of steam

After Trump said on Thursday he ultimately wanted the dollar to be strong, the dollar pared losses against major currencies. But against a basket of six major currencies, the dollar last traded on Friday at 88.87 .DXY , after hitting a three-year low of roughly around 88.43. The dollar index has slid more …
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