- U. of Michigan Confidence to Improve for Second Consecutive Month. - Print of 84.5 Would Mark the Highest Reading Since July. Trading the News: U. of Michigan Confidence A second straight rise in the U. of Michigan Confidence survey may spur a further decline in the EUR/USD as the ongoing improvement in the world’s largest economy puts increased pressure on the Federal Reserve to normalize monetary policy sooner rather than later. What’s Expected: ...
Chinese Virtual Coin Firms to Circumvent PBOC Onslaught by Going Offshore By Forexminute - Deepak Tiwari | Bitcoin | May 12, 2014 10:19PM BST Chinese bitcoin companies are planning on sidestepping the government crackdown on the virtual currency. The currently biggest exchange in China, Huobi, is thinking about moving operations international to protect ...