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The U.S. building permits and housing starts for December and weekly jobless claims for the week ended January 13 have been released at 8:30 am ET Thursday. After these data, the greenback edged down against its major counterparts. The greenback was worth 1.2239 against the euro, 111.14 against the...

The U.S. building permits and housing starts for December and weekly jobless claims for the week ended January 13 are set for release at 8:30 am ET Thursday. Ahead of these data, the greenback traded mixed against its major counterparts. While the greenback held steady against the yen, it dropped against...

The U.S. dollar dropped against its most major counterparts in the European session on Thursday, as investors weighed the likelihood of a government shutdown in the United States on Friday. The federal government faces the threat of a shut down tomorrow, as Republican leaders scramble to get enough...

The NZ dollar advanced against its major counterparts in early European deals on Thursday, as strong Chinese GDP data and improved corporate earnings lifted investor sentiment. The Chinese economy grew an annual 6.9 percent in 2017, up from 6.7 percent in 2016 and marking the first expansion in seven...

bitcoin1-011818.jpg Bitcoin was the wonderkid of the financial markets in 2017 with the price of the cryptocurrency, once dismissed as something reserved for the geeks, cryptography enthusiasts and the darknet, skyrocketing to unprecedented levels, alternating with several nosedives.

The Swiss franc rose against its major opponents in early European deals on Thursday. The franc edged up to 115.50 against the yen and 0.9624 against the greenback, from its early low of 115.11 and a 3-day low of 0.9667, respectively. The franc hit a 6-day high of 1.1751 against the euro, off its...

The U.S. dollar dropped against European major counterparts in early European deals on Thursday. The greenback eased to 1.2217 against the euro and 0.9631 against the franc, from its early 6-day high of 1.2165 and a 3-day high of 0.9667, respectively. Reversing from an early high of 1.3805 against...

Reversing direction, the Japanese yen climbed against its most major opponents in late Asian deals on Thursday. The yen rose to 111.11 against the greenback, from an early 6-day low of 111.48. The yen recovered to 153.65 against the pound, 115.28 against the franc and 89.29 against the loonie,...

EUR-USD4-0117.jpg The dollar is turning in a mixed performance against its major rivals Wednesday afternoon. The buck is up slightly against the Euro and the Japanese Yen, but has dropped to over an 18-month low against the British pound. The U.S. economy continue to expand at a "modest to moderate" pace in December...

cryptocurrencies2-011718.jpg The bloodbath in the cryptocurrency market extended into Wednesday with severe declines in both prices and market capitalization. Going with the flow, the BitConnect coin tanked more than 90 percent as the company said it's shutting down its platform and cryptocurrency exchange. Amid all the gloom, two...

The U.S. Fed's industrial production for December has been released at 9.15 am ET Wednesday. Following the data, the greenback changed little against its major rivals. The greenback was trading at 1.2219 against the euro, 110.82 against the yen, 0.9634 against the franc and 1.3798 against the pound around 9:16 am ET.

The U.S. Fed's industrial production for December will be released at 9.15 am ET Wednesday. The economic analysts are looking for consensus of 0.4 percent, compared to 0.2 percent in the prior month. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback held...

blockchain-markets-011718.jpg The investing world will be presented with two new products on Wednesday that try to cash in on the blockchain technology that underlies Bitcoin. Reality Shares Inc. and Amplify Investments LLC are launching their Exchange-Traded Funds, or ETFs, focused on investing in companies that lead in the research...

The pound was higher against its major counterparts in the European session on Wednesday, after the Bank of England policy maker Michael Saunders said that the U.K. labour market would possibly tighten further this year, lifting pay growth and triggering modest hike in interest rates "over time." The...

BoonePickens-Bitcoin-011718.jpg American oil tycoon and financier T. Boone Pickens is not at all enthusiastic about cryptocurrencies. The reason is the term itself. "At 89, anything with the word "crypt" in it is a real turnoff for me," the 89-year old famed Texas corporate raider said on Tuesday, in a reply to a question on his Twitter account.

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