Forex News Shop Staff

We cover foreign exchange, currency and cryptocurrency news and guides. Our readers can find currency-specific foreign exchange news, political updates affecting currency and insight into where foreign exchange trends may go, as well as the latest cryptocurrency analyses and trends.

January 28, 2019
Why is it a challenge to deposit cryptocurrency gains to a Bank

Why Is It a Challenge to Deposit Cryptocurrency Gains to a Bank?

Banks and other financial institutions are under increasing pressure to check all sources of funds. They risk losing their licenses for allowing transactions with cryptocurrency exchanges for not being compliant or even being given huge fines if they. International legislation and policy Its far to say banks just have to play by the rules. In […]
January 25, 2019
Euro coins piles on Europe map with British pound sterling coins

Dream for Euro Buyers as Sterling Breaks out to past 1.15

Sterling hit new 2019 high passing 1.15 comfortably on Friday and held – Hard brexiteers see May’s Brexit deal as only way for Brexit to occur – Reluctant DUP pledges May deal support subject to Irish backstop amendments – Pound/Euro exchange rate boomed to 1.1483 Thursday, End of week high of 1.1560 – Pound/Dollar followed […]
January 22, 2019
Bitcoin gold coin 2019. Crypto currency coin

Our Best Cryptocurrency Predictions for 2019

Unlike 2017, Bitcoin turned out to become one of, if not the most unprofitable investments for 2018 when compared against all other financial investment options. It wasn’t the worst, some cryptocurrencies lost up to 95% of their maximum value throughout the year and others, namely new ICOs when completely bust. Despite the negative curve, long […]
January 21, 2019
Canadian banknotes on white background

CAD Hits 9 Day Low as Oil Prices Slip – but Could It Turn a Corner in 2019?

The Canadian Dollar slipped to a 9-day low against its US counterpart this week following yet another drop in oil prices. US crude slipped to $52.07 a barrel on Thursday following increased US production, contributing to CAD losing further ground against USD. Although the oil price led CAD depreciation was minimal it drove the commodity […]
January 21, 2019
Hand drawing a red line between the UK and the rest of the European Union. Concept of Brexit. The UK is thus on course to leave the EU on 29 March 2019

This Week’s Brexit Vote and How It Affects You

A summary of what went on. It’s fair to say it’s been a long 2 years since June 2016. As was expected by many sceptics, the proposed deal that was hashed together by Theresa May’s government was comfortably rejected by a whole 230 votes which is now a record margin on any vote for an […]
January 20, 2019
European Union flags in front of the blurred European Parliament in Brussels, Belgium

ECB Warns of Consequences of Disorderly Brexit – Could Brexit Be More Detrimental to Europe’s Economy Than the UK’s?

Early last week the ECB stepped up their warnings about the potential consequences of a disorderly Brexit and the likelihood of a no-deal Brexit. The ECB’s speech came just a day after UK parliament rejected Theresa May’s Brexit deal. The bleak outlook was shared by the Austrian central bank governor Ewald Nowotny who warned that […]
January 19, 2019
USA and China trade war. US of America and chinese flags crashed containers on sky at sunset background. 3d illustration

Are the US Calling Time on Their Tariffs on Chinese Goods?

It has been rumoured over the last few days that the US might be considering stopping their tariffs. The rumours which were publicised in the Wall Street Journal sent the Dow skywards with the average stock rising nearly 0.7%. The WSJ reported that the US Treasury Secretary Steven Mnuchin is considering reducing or lifting the […]
January 17, 2019
European Union and British Union flag flying against Big Ben in London, England, UK, Stay or leave, Brexit

May’s Brexit Vote Embarrassment Lifts Pound as Traders Bet on Remain

Incredibly Pound exchange rates appreciated following the landslide vote held in the house of commons. May’s proposal was unequivocally turned down by the vast majority which will take her firmly back to the drawing board. Investors had clearly guessed correctly and rather than a large depreciation in the Pound the GBP strengthened as sentiment moved […]
January 15, 2019
shopping trolley filled with shiny bitcoins by the computer displaying market chart

A Short Guide: How to Start a Crypto Hedge Fund

In finance to become your own boss and manage your own fund in the peak. If managed correctly in a profitable, stable and compliant manner then it can be extremely lucrative for investors as well as yourself. Whether or not you’re an experienced financial advisor, it may be advantageous to branch out of the “typical […]