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By David Goodboy The carnage continues in the cryptocurrency markets. The three leading horses remain the same despite plunging prices. Bitcoin dipped below $6,000 per coin prior to finding a bottom and bouncing back above the psychologically critical $6,000 level. At the same time, blockchain backbone name ethereum collapsed into the low $300 range with price […]

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Think about this if you own Hong Kong dollars

On January 20, 1841, after delivering a series of military defeats to Imperial China in the First Opium War, British forces landed in Hong Kong and took control of the island. Hong Kong was hugely important for the British economy because it ensured access to the Chinese market. And they went to war multiple times […]

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Pound In `Lose, Lose' Situation Amid Brexit Turmoil: Credit Agricole

Sep.04 — Valentin Marinov, head of G-10 FX research and strategy at Credit Agricole, discusses the outlook for the pound after U.K. Prime Minister Boris Johnson lost his parliamentary majority and a general election looms amid a deepening Brexit turmoil. Marinov speaks on “Bloomberg Daybreak: Europe.”

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