Cryptocurrencies seized by Belgian law enforcement from online drug dealers are to be put under the hammer by an Ireland-based auction house. Wilsons Auctions announced Monday that it has signed an agreement with the federal government of Belgium to hold an auction of the crypto funds with no reserve, including 104.99 each of bitcoin (BTC),

The County Auditors’ Association of Ohio (CAAO) has announced the formation of a working group to study the use of blockchain for the effective transfer of property deeds. The news was reported on Feb. 21 by Ohio-based blockchain startup SafeChain — the technical advisor for the multi-county initiative. The association’s collaborative effort will reportedly test

For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1345.On the data front, the Euro-zone’s flash consumer confidence index advanced to a level of -7.4 in February, more than market consensus for a gain to a level of -7.7. The index had registered a reading of -7.9

Market movers todayEuro area February flash PMIs are due out. In January, PMIs signalled that the euro area economy is edging closer to stagnation – (indicated by PMI level around 50) – with manufacturing PMI falling to a 50-month low at 50.5 while service PMI showed signs of stabilisation. Falling new orders and the ongoing

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Pound strongerYesterday the British pound crossed the threshold 1.30 after a sharp jump by more than 1.2%, continue its growth since Friday. The British pound growth is fuelled by hopes that May will be able to agree on the terms of a deal with the EU, which will be supported by the country’s parliamentarians. This

The US dollar index was little moved in overnight trading following the release of Federal Reserve meeting minutes. The bank’s officials signaled that they will complete the job of reducing the balance sheet this year. As a result of quantitative easing, the bank’s balance sheet increased from under $1 trillion to above $4 trillion. The

The Sunrise HeadlinesCurrencies: Dollar Stays In Wait-And-See Modus Despite Positive Headlines On TradeEUR/USD little changed despite progress on tradeThe dollar showed no clear trend yesterday. EUR/USD (close 1.1338) and the trade-weighted USD (DXY close at 96.45) finished little changed. USD/JPY (close 110.85) gained modest ground, mainly on yen weakness after soft comments from BOJ’s Kuroda.

Will the Federal Reserve raise interest rates at all in 2019? This was a question even Fed officials were unable to answer, asthe minutes from the FOMC’s January policy meetinghave revealed.Investors were left with more unanswered questions after the Federal Reserve minutes signalled that officials were unsure if rate hikes were needed this year. Although

The Federal Reserve released the meeting minutes yesterday from its latest policy meeting. The U.S. dollar pared losses after the minutes did not show any further dovish message from the central bank. Economic data was sparse.The British pound posted gains as the meeting between the EU and the UK happened in an attempt to renegotiate