Monthly Archives

September 2017

Bitcoin vs China: The Battle Continues

In the fight against Bitcoin, perhaps no country comes close to taking the battle to the doorstep of cryptocurrencies than China. Last week, the nation made it to the top of the headlines in the world of cryptocurrencies. Chinese regulator…

German Election Surprise Weighs on Euro

Despite Chancellor Angela Merkel leading federal elections on Sunday, it was rather a losing game for her CDU/CSU party as it failed to earn enough votes to form a government. Besides that, bad news arose also after the SDP party, which is…

Resurgent US Dollar Sends Metals Lower

Higher Dollar Weighs on Gold The yellow metal fell lower this week, weighed on by a sharp rise in USD which was back in demand following the September FOMC meeting. The Fed caught markets slightly offside yesterday with a meeting that was…