"Control over the gold price is exercised in New York and London, leaving China at the mercy of those two centers." Julian Phillips, GoldForecaster.com...
Jersey to Create Bitcoin Regulations in Line with Public Opinion The Government of Jersey has asked public to provide its opinion on whether it should regulate decentralized virtual currencies such as Bitcoin or not...
On Friday the dollar pushed lower against a basket of other major currencies, as growing hopes for progress in Greece debt negotiations spurred demand for riskier assets...
On Friday the euro hit one-and-a-half week highs versus U.S. dollar, lifted by hopes that the Greek deal will be reached before the end of the week...
BitX mentioned how it was to receive requests from Nigeria, traders and businesses, something that led them to full-fledged launch in Africa’s largest economy. Greece...
On Thursday the U.S. dollar climbed as Chinese stocks recovered, easing traders’ nervousness that the rapid selloff in that market could could impact the world economy...
On Thursday the pound rose against the U.S. dollar, ahead of the Bank of England's monthly rate statement later in the day. Greek turmoils remain in focus...
On Thursday the euro hit a one-week high versus the greenback in Asia, as there emerged fresh hopes in the markets that Greece and its creditors can reach a deal preventing the country from exiting the euro bloc. In the meantime, minutes of the FOMC June meeting put the dollar under pressure...
On Wednesday the dollar dropped to one-and-a-half month trough against the broadly stronger yen, losing more than 1% as plunging Chinese stocks bolstered investor demand for the shelter of the Japanese currency...
On Wednesday the euro traded weaker in Asia as a fresh deadline was set for Greece to submit new proposals. News on account surplus in Japan boosted the yen...
On Tuesday the dollar extended gains against its peers, after data signaled that the U.S. trade deficit expanded less than expected in May and as demand for the safe-haven dollar remained supported amid ongoing Greek debt worries...
On Tuesday the greenback climbed to fresh 1-month highs against its peers, as demand for the safe-haven greenback remained underpinned ahead of a euro zone summit scheduled later in the day and aimed at restarting negotiations between Greece and its lenders...
The euro dipped for a second day against the dollar as finance ministers and leaders from the European Union gather to discuss Greece's fate...
On Tuesday the Australian dollar was weaker as the Reserve Bank of Australia left interest rates on hold. Fresh news from Greece spurred renewed concerns...
Total remittances in 2014 reached $583 billion which is more than double the official development assistance (ODA) in the world. Whereas India received $70 billion, Chinese were able to send $64 billion back home...
EURUSD 'It has had a muted reaction despite the surprise outcome from the Greece referendum. Even though the market is positioned short, we expect the pair to test the downside sooner rather than later this week. Keep it tight but prefer short and add on more spikes above 1...
On Sunday Greeks voted against creditors' demands for further austerity, leaving Europe’s leaders to determine if the nation can remain in the euro currency union...
On Monday the euro fell sharply in Asia trade, as the Greek voted against the proposed bailout terms from international creditors. The question of the country's continued membership in the euro zone is now the main concern for financials markets...
To answer this question, you need to know how much you are aiming for in terms of average monthly income and what is your average monthly return from forex trading...