|Day's Range||64.419 - 64.419|
|52 Week Range||61.3500 - 70.6017|
Venezuela is considering to close mutual trade settlements with Russia using the ruble, Russian government-backed TV channel RT reports on May 17. Venezuela’s representative to the United Nations in Geneva Jorge Valero said they are also discussing uses for the state-owned Petro (PTR) cryptocurrency. Valero reportedly revealed that Venezuelan authorities are now working with Russia to find opportunities for eliminating the use of the United States dollar in trade deals between the two countries.
Transport provider Forward Air Corp . (NASDAQ: FWRD ) said May 13 that Chris C. Ruble, chief operating officer (COO) of Forward Air's Expedited unit, was named the company's COO. In addition, Matthew J. ...
Trade wars continue but you have to admit that the volatility on the market caused by that is not extraordinary. Prices of risky assets are pretty resilient and save heaven assets are not surging as one could expect.
Story of the day on Tuesday is definitely the RBA not cutting the cash rate in Australia. They put that decision on hold, despite the consensus being the rate cut. That helped the AUD a lot and now, the currency is climbing much higher.
Investing.com -- Major currencies were little changed in early trading in Europe Monday, although a positive tone in equity markets in the wake of the U.S. GDP report on Friday helped the Aussie and kiwi to strengthen a little against the dollar.
Investing.com -- The dollar was consolidating near its highs for 2019 in early trading on Friday, showing little sign of weakening after a week of data and central bank actions that have underlined the relative strength of the U.S. economy, at least for the present.
Investing.com -- The dollar is continuing its march higher early Wednesday in Europe, enjoying further support from a strong corporate earnings season at home coupled with better-than-expected economic data.
The dollar index, which measures the greenback against six major currencies, was 0.2% lower at 97.283. Against the Japanese yen the dollar was about flat, while the euro was 0.11% higher against the greenback. Financial markets in Australia, Hong Kong and many major countries in Europe were closed on Monday for the Easter holiday.
USD/JPY sustained near the 112 levels, staying apathetic over BoJ’s bond purchase cuts. The EUR/USD showed less reaction to the greenback weakness today. USD/RUB marks day’s high near 64.05 levels.
The greenback fell in the Asian session but was underway recovery in the latter half. Crude upshot invited the Ruble bulls. EUR/USD amassed weekly gains above 1.1300 levels.
investing.com -- The British pound is recovering in early trade in Europe on Friday from a buffeting Thursday after the European Union agreed to only a minimal extension of the deadline for Brexit.
Investing.com - The dollar hit a new high for 2019 against most major currencies Friday as discouraging comments on trade from President Donald Trump spooked the stock market.
The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat. According to Russian news agency TASS, the 62-year old banker also declared that he put central bank digital currencies in the same basket of decentralized cryptocurrencies, adding that: “I’m not a big supporter of crypto-ruble. For me, this
The new law prohibits currency-exchange offices from displaying rates to passersby. In 1937, Josef Stalin established a full state monopoly on currency operations in the Soviet Union. Exchanging currency at (black) market rates was a crime. It was only on Nov. 15, 1991, a little more than a month before the Soviet Union was gone, that the prohibition was lifted, as President Boris Yeltsin legalized all exchange operations and set off a forex mania.
The US Senate Intelligence Committee lambasts Facebook, Twitter, and Google's “belated and uncoordinated response” to Russia's attack on the 2016 presidential election in a report to be released today (Dec, 17), according to a draft obtained by the Washington Post. In a damning sign of their incompetence, the Silicon Valley giants apparently didn't pick up…