Fx
Bitcoin volatility returns with price falling $1,800 in ten minutes
Bitcoin fell by over $1,800 in price in just a 10 minute time span on Wednesday as the 39% jump in prices seen since the start of the week that sent the crypto-currency as high as $13,852 triggered finally buckled.
Bitcoin hits $12,900 as analysts spy all-time highs
Bitcoin’s price reached $12,900 for the first time since January 2018 on Wednesday following a furious 14% which has left speculators chomping at the bit in hopes of a further rally up to its 2017 highs or even further.
FX round-up: Cable dips alongside US dollar
Sterling was on the back foot at the start of the week, with all eyes on whether the front-runner to become the next Prime Minister, Boris Johnson, would participate would join a planned debate on Sky on Tuesday.
FX round-up: Euro extends bounce as Draghi broaches need for fiscal stimulus, Fed doves cry
Sterling was on the back foot at the end of the week, especially against the European single currency, as European Central Bank chief Mario Draghi warned a meeting of European Union leaders that in case of a deterioration in the outlook, fiscal policy would need to become much more expansionary than currently projected in 2020.
FX round-up: Euro dips as ECB sounds very dovish note
Sterling was slightly higher on Tuesday, as voting got under way in the second round of voting to choose the next Tory leader and European Central Bank chief Mario Draghi said rate-setters in the Eurozone were not resigned to simply accepting low inflation.
Facebook unveils Calibra, the new digital wallet for its crypto Libra
Facebook announced on Tuesday that it will open a new digital wallet called Calibra to allow users to trade its new cryptocurrency Libra by 2020.
FX round-up: Traders look past BoE, Fed and push pound lower
Sterling continued drifting lower at the start of the week, even as traders waited on the result of policy meetings at the Bank of England, US Federal Reserve and Bank of Japan scheduled for over the coming week.