Investing.com - Major cryptocurrencies slipped on Wednesday morning in Asia as a Singapore-based digital currency exchange operator, ABCC, called for more stringent regulations on the tokens.
Investing.com - Gold prices climbed on Wednesday morning in Asia, despite indications that the Federal Reserve might be more dovish on interest rates.
It’s all eyes on the Pound as talks of a vote of no confidence hit the wires ahead of a make or break emergency EU gathering tomorrow.
This week’s shock departure of India’s central bank chief and defeat for Prime Minister Narendra Modi’s ruling party in key state elections have dealt a double blow to the currency, taking its year-to-date loss to 11 percent. Mizuho Bank Ltd. is expecting more pain. The rupee may drop to about 73 per dollar as Urjit Patel’s resignation leads foreign investors to fret over the Reserve Bank of India’s independence and policy continuity, according to Masakatsu Fukaya, an emerging-market currency trader at the lender in Tokyo.
Bitcoin is trading lower on Tuesday, extending Monday’s losses and taking the No. 1 digital currency towards a fresh multimonth low.
Gemini has launched a mobile app with full functionality, allowing customers to buy, sell and transfer funds, among other features.
After a day dominated by Brexit headlines, currency markets are driven by news on the trade front on Tuesday, helping risk appetite across the board.
Investing.com - The dollar rose against its rivals Tuesday on higher-than-expected U.S. wholesale inflation and a slump in the pound amid growing uncertainty over UK Prime Minster Theresa May's future.
Gold prices eased on Tuesday following the Labor Departments report on wholesale prices. Gold prices broke out above resistance on Friday following a softer than expected employment report but has since ease and forming a bull flag continuation pattern.Technical Analysis
Theresa May is meeting with top EU leaders today to try to tweak the Brexit deal and make it more palatable for members of parliament. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer and Alanna Petroff examine the details.