Other Economics News

Bitcoin crossed the 6,000 USD mark

October 21, 2017 6:22 amComments Off on Bitcoin crossed the 6,000 USD mark
Bitcoin crossed the 6,000 USD mark

The main crypto-currency Bitcoin rose by 5% to new record high, crossing the 6,000 USD mark. The digital currency was trading for 6,003.81 USD at the platform CoinDesk. The traders already confirmed that are making trades of over 6,000 USD and 5000 EUR, considered as psychological hikes. The record is even more remarkable because it comes just a day after the price dropped by 8.7% due to fears of tightening […]

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New Zealand dollar collapsed against major currencies

October 20, 2017 11:35 pmComments Off on New Zealand dollar collapsed against major currencies
New Zealand dollar collapsed against major currencies

The New Zealand dollar collapsed against major currencies due to political tension in the country. Today became clear that the leader of the Labor Party, Jacinda Ardern, will form a cabinet with the support of the nationalist party. On the parliamentary elections on September 23, none of the leading political forces managed to win a convincing victory, putting the two major parties in the country ahead of difficult negotiations to […]

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Gold took advantage of the US Dollar weakness

10:46 pmComments Off on Gold took advantage of the US Dollar weakness
Gold took advantage of the US Dollar weakness

The gold took advantage of the US Dollar weakness during the Friday trading session, recovering from the weekly bottom. The spot price of precious metal grew by 0.4% to 1,286.31 ounce, while futures on the metal with a delivery term in December were trading with growth of 7 USD during the day at levels close to 1,290.00 USD per ounce. The lack of negative economic or geopolitical news combined with […]

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