Crypto coin sales stage a revival after bursting of the ICO bubble
But beware; there may be a reason cryptocurrency IEOs are held mostly outside the reach of US regulators.
But beware; there may be a reason cryptocurrency IEOs are held mostly outside the reach of US regulators.
Political risks are back in the spotlight for Turkish markets after the ruling AK Party called for a rerun of the March 31 local election in Istanbul.
Keeping the currency from approaching the $US1.25 level is vital if there is to be any sustained recovery in Europe.
Any rate cuts contemplated by the Reserve Bank may do little to lower an Australian dollar that is already priced for substantive easing, experts say.Â
Falling interest rates and commodity prices are poised to hit the Aussie, Loonie and Kiwi this year, Capital Economics said.
Turkey is spiralling into deep economic crisis as foreign exchange reserves collapse and capital flight overwhelms the Erdogan regime.
Investors have dumped Turkish bonds and stocks after the nation orchestrated a currency crunch to prevent the lira from sliding.
ASIC's Calissa Aldridge says the regulator is seeing products with 500-to-one leverage: "you invest $2000 and have $1 million exposure".
The RBNZ's pivot has taken the Australian dollar down with it after the central bank said the next move in rates is probably lower.
The US dollar fell broadly, dragged lower by a report showing American manufacturing output fell for a second month.
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