David Whiteing of CBA Says Digital Currency Tech is where the future of payments is heading David Whiteing, the CIO of the Commonwealth Bank of Australia or CBA which will soon launch Ripple technology for its subsidiaries to transfer payments between them, says that digital currency technology is where the future of payments is heading. Ripple, a peer-to-peer, distributed payments network supports both cryptocurrency and fiat currency. ...
2015-06-02 05:30 GMT (or 07:30 MQ MT5 time) | [AUD - Cash Rate] past data is 2.00%forecast data is 2.00%actual data is 2.00% according to the latest press release if actual > forecast (or previous data) = good for currency (for AUD in our case) [AUD - Cash Rate] = Interest rate charged on overnight loans between financial intermediaries. Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators ...
Greece has submitted a proposal for an agreement with its creditors, the country's prime minister said Tuesday, as Athens seeks a deal that will unlock desperately needed rescue money. Alexis Tspiras said the ball was now in Europe's court to prevent the potential breakup of the European Union. Without more rescue loans, Greece could default on its debts this month and potentially drop out of Europe's currency bloc. "It ...
The protracted negotiations between Greece and its creditors seemingly shifted into top gear this week as the cash-strapped country teeters on the verge of a default with a loan repayment to the International Monetary Fund due at the end of the week. More...
2015-06-03 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Trade Balance] past data is -51.4Bforecast data is -43.9Bactual data is -40.9B according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case) [USD - Trade Balance] = Difference in value between imported and exported goods and services during the reported month. Export demand and currency demand are directly linked because foreigners must buy the ...
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