Appeals Court Rules Against Latest Travel Ban Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to a peak close to $20,000 prompted warnings by experts of a bubble. After falling to as low as $11,159, it recouped some losses […]
Foreign Exchange Markets
Bitcoin hits bigger stage as exchange giant CME launches futures Bitcoin futures received a lukewarm reception at its launch on the CME Group Inc on Sunday, although market experts believe a recent rally in the cryptocurrency has further to go. The CME bitcoin front-month futures contract did open higher at […]
Asia stocks, dollar steady as investors await Fed clues Asian stocks steadied on Wednesday and the dollar held firm as investors awaited the Federal Reserve’s policy decision later in the day for more clues on its tightening plans. The Fed concludes a two-day meeting later on Wednesday, and is widely […]
Oil rebound hauls up global stocks, commodity currencies Oil rebound hauls up global stocks, commodity currencies : Oil prices bounced back from multi-week lows on Monday, hauling up world stock markets and commodity-linked currencies, on hints that producers were close to reaching an output deal. Crude prices rose more than […]
