The US Treasury on Monday said that it expects to borrow $947 billion in debt in the third quarter to fund the massive coronavirus-induced spending surge. The new forecast is $270 billion higher than the previous projection made in May, according to Bloomberg.  The Congressional Budget Office sees t

EUR/USD attracted some dip-buying on Thursday amid the emergence of some fresh USD selling. Growth concerns, fiscal impasse, a steep decline in the US bond yields weighed heavily on the buck. The strong move up extended through the Asian session on Friday and pushed the pair to 1.1900. The EUR/USD

Photo: fxmarkets Treasury also accuses Vietnam of manipulating the exchange rate to gain “unfair competitive advantage”. The US has accused Switzerland and Vietnam of being “currency manipulators”, saying their foreign exchange interventions had prevented “effective balance of payments adjustments”.

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, and more. BUT first, to start off your day with a bang, here's a recap of the important news we think you sho

Photo: Cointelegraph U.K.-based crypto firm BCB Group is looking to provide corporations with a way to put Bitcoin on their balance sheet by launching a dedicated treasury. BCB Group, a global digital financial services firm, is planning to help corporations navigate cryptocurrencies like Bitcoin (B

Photo: Cointelegraph The private sector invests enormous resources to help the government combat crypto crimes, U.S. Treasury Secretary Janet Yellen said. United States Treasury Secretary Janet Yellen is concerned about crypto's supposed criminal element. In Feb 10 remarks to a financial secto

Seperti yang ditunjukkan oleh selisih antara imbal hasil obligasi lima dan 30 tahun, kurva imbal hasil Treasury AS menanjak menjadi lebih dari 1.460 basis poin pada hari Rabu – tertinggi sejak Februari 2016. Kurva telah menanjak selama berbulan-bulan, investor mengantisipasi kenaikan

A former top investigator is warning that the IRS might be shifting crypto tax payment enforcement into high gear. Photo: Cointelegraph A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly

It looks like crypto stakeholders turned out in force, despite the Treasury's best efforts to evade scrutiny. Photo: Cointelegraph Despite many objections to the truncated timeframe, public comments are due tonight in response to the U.S. Treasury's proposal to require businesses like crypto exchang

Photo: Coindesk The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to report if they have more than $10,000 in cryptocurrencies with foreign financial or virtual asset serv

As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond. Photo: Cointelegraph Nine congresspeople have signed on to a letter to Treasury Secretary Steven Mnuchin, telling him to hold his horses. The Thursday letter is in response to the Treasury's

The crypto space needs your help to impact the outcome of the United States’ Treasury’s crypto wallet proposal. Photo: Cointelegraph With the two-week commentary period winding down, Jerry Brito, executive director of non-profit crypto policy advocate group Coin Center, says comments could make a di

Photo: Coindesk Leading cryptocurrency exchange Coinbase asked the U..S. Treasury Department to extend the comment period on proposed know-your-customer (KYC) requirements from 15 days to the typical 60 days normally afforded such proposals. Coinbase noted that the Financial Crimes Enforcement Netwo