Bitcoin smashes through $53000 barrier to record high, boosting its price gain this year to 81% - Business Insider

Bitcoin smashes through $53000 barrier to record high, boosting its price gain this year to 81%  Business Insider

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Dollar Marking Time and Some Profit-Taking in Stocks

Wednesday has seen the release of more price data and several measures of economic confidence. Attention is poised to turn to central bank monetary policies. Up first today will be the Bank of Canada followed later in the week by statements from monetary authorities in Euroland, Japan, and Brazil. Stocks in several places touched record […]

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Bank of Canada Ends Bond Purchase Stimulus and Signals Slightly Earlier Interest Rate Lift-Off Timing

Canada’s policy interest rate has been at 0.25% since a trio of 50-basis point reductions in March 2020. While significant progress has been achieved toward economic and labor market recovery, that task has not yet been sufficiently completed. Various areas of the labor market are not yet all the way back to pre-pandemic conditions. Canada’s […]

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Reflections on the 2021 MLB Baseball Playoffs

Unlike the other three major professional sports played in the United States, baseball as it was traditionally played changes the most influential position in each successive game. That would be the starting pitcher, who throws more innings than do relievers. In recent world series match-ups excluding the pandemic-abbreviated season of 2020, the 2019 series included […]

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How to Calculate Foreign Exchange Rates - Investopedia

How to Calculate Foreign Exchange Rates  Investopedia

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Pound Australian Dollar Exchange Rate Flat amid Mixed Sentiment

GBP/AUD Rangebound on Mixed Sentiment The Pound Australian Dollar (GBP/AUD)...

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Monetary Authority of Singapore Tightens Stance

Today, the Monetary Authority of Singapore, which targets the exchange rate rather than an interest rate and which reviews its stance only semi-annually, surprised analysts by raising the slope of the S-dollar’s allowed trading band. The band had been lowered in April 2020 as Covid hit to a slope of zero percent. Officials did not […]

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Pound Australian Dollar Exchange Rate News: GBP/AUD Buoyed as Evergrande Fears Weigh on Markets

Australian Dollar (AUD) Undermined by Gloomy Market Mood The Australian Dollar (AUD) is trending lower against the Pound (GBP) and the majority of its other peers today as a deterioration in market risk appetite undermines the appeal of the risk-sensitive ‘Aussie’. This gloomy market mood appears to be primarily...

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Pound Canadian Dollar Firm on Positive UK Data

GBP/CAD Steady on UK GDP Increase The Pound Canadian Dollar...

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USD to CAD Update: "Dead cat bounce?" Canadian dollar partially recovers as markets stabilize and election comes to an end - Interchange Financial

USD to CAD Update: "Dead cat bounce?" Canadian dollar partially recovers as markets stabilize and election comes to an end  Interchange Financial

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Bitcoin hits new high of above $52600 before paring gains - as the currency's market value nears $1 trillion - Business Insider

Bitcoin hits new high of above $52600 before paring gains - as the currency's market value nears $1 trillion  Business Insider

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GBP/CAD Forecast: Pound Lacks Support amid Energy Concerns

GBP/CAD Exchange Rate Limited amid Energy Concerns The Pound...

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Get Current and Historical Currency Exchange Rates in Laravel - Laravel News

Get Current and Historical Currency Exchange Rates in Laravel  Laravel News

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Coinbase valued at $68 billion ahead of direct listing - Markets Insider

Coinbase valued at $68 billion ahead of direct listing  Markets Insider

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Data Mix of Elevated Inflation Despite Moderating Growth

Today’s menu of price data around the world revealed The highest rate of Japanese domestic producer price inflation (6.3%) since September 2008 and also a larger 31.3% year-on-year leap in import prices. The steepest on-year jump in German wholesale prices (13.2%) since June 1974. As then, energy played a prominent role in the spike. The […]

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USD to CAD Update: Canadian dollar worst performing major currency for second day in a row - Interchange Financial

USD to CAD Update: Canadian dollar worst performing major currency for second day in a row  Interchange Financial

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Central Bank of Chile

More central banks have reacted to the rise in inflationary risks. Late Wednesday came news from the Central Bank of Chile of a unanimously agreed greater-than-projected 125-basis point high in its policy interest rate. This move was the third recent hike following increases of 25 basis points in July and 75 bps at the end […]

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Pound New Zealand Dollar (GBP/NZD) Exchange Rate Wavers as Both Currencies Enjoy Tailwinds

GBP/NZD Exchange Rate Trades Level Amidst Strong...

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Awaiting U.S. September Jobs Data

Equity markets and the dollar stayed in place overnight, pending new clues from the U.S. Labor Dept report. The dollar on balance is unchanged against the euro, loonie, Swiss franc and weighted DXY index. The dollar edged up 0.1% versus the yen, kiwi, and Aussie dollar and down 0.2% relative to the peso and 0.1% […]

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Big Jump in Fossil Fuel Prices Marks U.S. Holiday

Financial market depth today will be diminished by holidays in Canada (Thanksgiving) and the United States (formerly known as Columbus Day but renamed Indigenous Peoples’ Day in many states). Inflationary concerns around the world are being inflamed by a 3.3% overnight additional leap in the price of WTI oil to around $82/barrel. That price hadn’t […]

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The US dollar grinds higher overnight - MarketPulseMarketPulse - MarketPulse

The US dollar grinds higher overnight - MarketPulseMarketPulse  MarketPulse

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Pound Canadian Dollar Exchange Rate News: GBP/CAD Slides to Fresh Two-Month Low amid UK Fuel Crisis

Pound (GBP) Slumps amidst UK Fuel Concerns The Pound (GBP) remains on the back foot against the Canadian Dollar (CAD) and the majority of its other peers today, amidst ongoing concerns over the UK’s fuel shortage. Up to 90% of petrol stations in the UK reported shortages earlier this week after a weekend of...

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Wavers on Canadian Election Day

GBP/CAD Exchange Rate Trades Sideways on...

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Pound US Dollar (GBP/USD) Exchange Rate Lowers Despite Risk-On Mood

GBP/USD Exchange Rate Sinks on Trade Deal...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Sinks Slightly Despite AU Retail Headwinds

GBP/AUD Exchange Rate Edges Lower on...

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Central Bank of Iceland Implements Third Rate Hike of 2021

At the Central Bank of Iceland, the seven-day term deposit rate was increased by 25 basis points to 1.5%. This is the third quarter percentage point tightening since May. Inflation topped 4% at 4.4% last month, and supply chain shortages continue, further risking an upward drift in inflation expectations. While first-half growth underperformed the expectations […]

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A Respite from Monday’s Difficult Day

Following a technology-led rout, U.S. equities are currently up around 1.25%, and the German, French, Italian and British bourses show rises of 0.6-1.0%. This rebound was not reflected in Asia, where share prices closed down 1.9% in South Korea, 1.3% in Japan, 0.9% in Indonesia, and 0.7% in Singapore. New Zealand and Australia markets dropped […]

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Dollar Strengthens on Day after Big Drop in Stocks

The DXY weighted dollar index rose 0.2% to an 11-month high overnight. Equities in the Pacific Rim picked up the baton from North America’s losing session the day before, dropping 2.1% in Japan, 1.8% in China, 1.9% in Taiwan, 1.2% in South Korea and 1.1% in Australia. However, European markets have mustered rebounds so far […]

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Daily Exchange Rates - Bank of Canada

Daily Exchange Rates  Bank of Canada

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Politics in the Forefront

As expected, political power will be changing hands in Germany. In yesterday’s national parliamentary election, the Social Democrats (SPD) captured the most seats (206 at last count) in a close and widely fractious vote. The SPD percentage of total votes cast was 25.7%, and the Christian Democrat/Social Democrat central-right group (24.1) share was its smallest […]

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GBP/AUD Exchange Rate Steady as UK Markets Confidence Dips on ‘Firebreak’ Lockdown Rumours

GBP/AUD Exchange Rate Rangebound as ‘Firebreak’ Lockdown News Dampens UK Economic Confidence The Pound Australian Dollar (GBP/AUD) exchange rate is rangebound today with UK markets concerned about the possibility of a ‘firebreak’ October lockdown, should Covid-19 infections and hospitalisations remain high next...

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