Gold Silver Reports – Dollar’s Bounce Means Time to Sell for Global Growth Optimists – The dollar’s up against all of its major peers right now, and that’s a good opportunity to sell, according to some Wall Street forecasters.
Currencies
At Gold Silver Reports, we deliver timely currencies news and forex updates covering USD, INR, EUR, GBP, and global forex markets. Our expert insights and daily analysis help traders and investors track price trends, exchange rates, and market movements effectively.
Australian Dollar’s Surge Is Bringing Out the Bears
Gold Silver Reports – Australian Dollar’s Surge Is Bringing Out the Bears — The Australian dollar’s longest rally in 18 months is bringing out the bears. The Aussie is poised to go into reverse as the Federal Reserve keeps raising interest rates, while the Reserve Bank of Australia leaves borrowing costs at a record low, said James Athey at Aberdeen Standard Investments in London, who is adding to his short positions. Schroder Investment Management Australia Ltd., which is also short, said the Aussie is likely to trade closer to 70 U.S. cents than 80 cents in 12 months.
Dollar Slide Deepens as Euro Strength Saps Stocks
Gold Silver Reports – ⭐⭐⭐⭐⭐ Dollar Slide Deepens as Euro Strength Saps Stocks – Despite a U.S. holiday, the dollar dominated trading on Monday as it headed for a fourth day of declines, weakening against every major-currency. The euro’s jump weighed on European stocks, while gold gained.
South Korea Plans to Ban Cryptocurrency Trading
Gold Silver Reports – South Korea Plans to Ban Cryptocurrency Trading – The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion.
Indian Rupee Real Printing Press Video | All New India Currency
Indian Rupee Real Printing Press Video | All New India Currency
Funds Raised via QIPs at All-Time High of Rs-61118 Crore in 2017
Gold Silver Reports – ✅ Funds Raised via QIPs at All-Time High of Rs-61118 Crore in 2017 — Fund-raising through qualified institutions placement (QIP) showed signs of recovery in 2017 after two years of muted growth. Funds raised through the QIP route in the year gone by were nearly 13 times the money raised in the previous year.
Rupee opens Little Changed against US Dollar
Gold Silver Reports – The Indian rupee on Friday opened little changed against the US dollar as traders avoided taking long positions ahead of a long weekend. Markets will remain closed on Monday due to Christmas.