Posts From Richard W

Richard W

Richard W

Richard is the guy who know everything there is about the financial industry, working in a top firm for over 15 years, he will give the lowdown on some of the biggest companies in the world

US Shies Away From Naming China a Currency Manipulator

  The United States has abstained from labeling China a “currency manipulator,” a decision that could assist in defusing heightening anxiety over trade between the two countries. In the past, President Trump has accused China of deliberately keeping its currency

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Saudi Riyal Hits Two Year Low On Jamal Khashoggi’s Disappearance

  Saudi Arabia’s currency touched its two year low, and its global bond prices plunged on Monday on concerns that overseas investment could contract as Riyadh faces considerable pressure over the vanishing of journalist Jamal Khashoggi. Following the increasing pressure

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Euro Strengthens On Strong Italy Industrial Data

  The euro-dollar had been on a decline against the G10 currencies following the Italian budget saga and the strengthening US dollar. Specifically, the euro plunged against the Canadian dollar, mainly driven by the oil rally. However, the euro got

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UK’s Ofcom Granted £700,000 For Exploring Blockchain Tech

The crypto market remains range bound, with Bitcoin remaining rock solid at $6,500 levels.  Mike Novogratz, founder and CEO of the crypto investment firm Galaxy Digital Capital Management, has forecast that Bitcoin will not break above $9,000 in 2018. He

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Opera and Ledger To Study Potential Blockchain Apps

  The crypto market continues to move in an extremely narrow range. Bitcoin (BTC) remains rock solid at $6,500 levels. The buying pressure seems to be building up. Many Wall Street analysts have forecast Bitcoin to cross $10,000 by the

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Salesforce Reaffirms FY2022 Revenue Outlook

  The shares of Salesforce.com, Inc. (NYSE: CRM) closed at $160.43, up 1.33% from the prior close after John DiFucci, an analyst at Jefferies, upwardly revised his price target for the stock to $189 from $172. The company’s Dreamforce event

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Ripple Rallies On New Partnerships, Product Launches

The cryptocurrency market has remained range-bound for the past few days. However, Ripple, the San Francisco firm which offers a blockchain technology based real-time gross settlement system for cross-border payments, has rallied sharply in the past few days to hit

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Solid GDP Data Sparks Relief Rally In Kiwi Dollar

  The New Zealand Dollar began rallying against the basket of currencies representing developed economies on Thursday after Statistics New Zealand reported an impressive economic expansion during the second quarter. The report contradicted the Reserve Bank of New Zealand’s (RBNZ)

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IBM To Launch ‘Yellow Pages’ Equivalent For Crypto Sector

  The cryptocurrency market continues to remain weak, with Ethereum (ETH) and Bitcoin (BTC), the top two cryptos by market cap, struggling to stay above $200 and $6,000, respectively. All top altcoins, including EOS (EOS), Litecoin (LTC), Monero (XMR), Bitcoin

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Ethereum Leads Cryptomarket Decline

  The entire cryptocurrency market remains bearish with Bitcoin (BTC) managing to hold above $6,000 level. This week saw Ethereum (ETH), which has been the most favorable network for launching DApps, drop below $200 for the first time in 2018.

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