Currency speculation
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Minneapolis Federal Reserve CEO: Crypto Is “A Tool For Speculation And Great Fools”
Neel Kashkari, who took over as president and CEO of the Federal Reserve Bank of Minneapolis on January 1, 2016, recently explained why he was unimpressed ... -
EURUSD Regains Some Upside Pull and Revisits 1.0370
EURUSD alternates gains and losses near 1.0370. The dollar also appears marginalized amid flat returns. ECB Lagarde reiterated that further rate hikes are in store. The ... -
SBP launches whistleblower forum to stop illegal money dealers
KARACHI: The State Bank of Pakistan (SBP) has launched a whistleblower forum for the identification of foreign exchange companies operating illegally in the country to ensure ... -
Formation of a bullish channel
The price of the euro against the dollar, EUR/USD, entered the new week’s trading in a bullish momentum. It broke through the parity price with gains ... -
North Korea fires 4 ballistic missiles as US and Seoul wrap up drills
SEOUL, Nov 5 (Reuters) – North Korea fired four short-range ballistic missiles into the western sea on Saturday, the South Korean military said, as Seoul and ... -
Fed rate hikes spark concern over potential financial crisis
Comment this story Comment The warning signs of financial distress are flashing all over Wall Street. The Federal Reserve’s long-term shift to higher interest rates has ... -
Bitcoin proponents promise a future it can’t deliver
In the aftermath of World War II, Germany was in a desperate state. To say that words are not up to the devastated state of the ... -
Sellers maintain control around the parity level
EUR/USD looks offered and bounces off lows near 0.9970. The ECB’s subsequent rate decision will depend on the data. Another revision saw the US GDP growth ... -
USD/JPY hits 150.00 psychological level as intervention speculation rises
USD/JPY 32 year low 150.00 Psychological level is finally reached. Potential BOJ Intervention is based on volatility rather than price. Has the BoJ ever carried out ... -
Canadian dollar vulnerable to another slowdown in Canadian CPI
Canadian Dollar Talking Points Recent developments in the Relative Strength Index (RSI) increase the possibility of a short-term USD/CAD pullback as the oscillator reverses ahead of ... -
The Rupee ends the week with a slight drop, stands at 218.43 against the US Dollar – Markets
The Pakistani Rupee depreciated against the US Dollar and saw a marginal decline of 0.23% in the interbank market in the final session of the week. ... -
‘E-Rupie’ Coming soon; Presentation by RBI on a pilot basis
MUMBAI: The Reserve Bank of India on Friday announced the launch of digital currency “e-Rupee” on a trial basis for limited use. This will help the ... -
Risky recovery as US dollar soars; XAU/USD rejected at resistance
GOLD PRICE KEY POINTS: Gold prices fall on Wednesday, pressured by broad-based US dollar strength and a strong rebound in US Treasury yields Better-than-expected U.S. economic ... -
Pakistan Stock Exchange benchmark closes flat for 3Q2022 – Eurasia Review
The Pakistan Stock Exchange benchmark for 3Q2022 was down 1% after falling 8% in 2Q2022. The index has now recovered 3% from its 2022 low of ... -
Japanese Yen Plunges, Retail Sales Follow
The yen changed direction today and is in negative territory. In the North American session, USD/JPY is trading at 144.59, up 0.33%. Japan releases a data ... -
PBOC still has plenty of tools to counter yuan’s fall against US dollar, analysts say
(Yicai Global) Sept. 27 — The People’s Bank of China still has plenty of instruments it can use to stem the Chinese yuan’s weakening against the ... -
Britain heading for IMF bailout, warns Dr Doom
Fears are growing that the pound could fall to a record low and even parity with the dollar after plunging more than 3% and borrowing costs ... -
MultiVersus Appears To Be Scooby Dooby Dooing Halloween Event And Stream
MultiVersus took the fighting game genre by storm this summer when it launched and had more players than any other fighting game in existence. As a ... -
One year after CBN crackdown on AbokiFX, Naira depreciates by 25%
A year after the Central Bank of Nigeria (CBN) effectively criminalized the actions of Aboki FX and accused it of “economic sabotage”, the Naira has lost ... -
US Inflation Surprise Sends Stocks Down, Dollar High
US inflation comes in strong, fueling bets for a more aggressive Fed Stock markets crash, dollar soars as terminal rate rises Yen finds some support after ... -
European stocks and the euro jump on Ukrainian advances in the northeast
Join now for FREE unlimited access to Reuters.com Register LONDON, Sept 12 (Reuters) – European stocks surged on Monday after Ukrainian forces made a rapid advance ... -
Overwatch 2 Battle Pass Price
The Monitor 2 The price of the Battle Pass has been the source of some speculation ever since players discovered that heroes were locked behind it. ... -
ECB hawks should be wary of what they wish for
Comment this story Comment As Mark Twain would have said, “History does not repeat itself, but it often rhymes.” Right now, the right of the European ... -
Why the yen is so weak and what it means for Japan
Comment this story Comment The yen weakened past 140 to the dollar for the first time in nearly a quarter century, mainly because Japan’s central bank ... -
This is how China manages the yuan
Comment this story Comment It is not easy to monitor how the People’s Bank of China operates its “managed float” system for the foreign exchange market: ... -
The Eurozone CPI report in brief
EUR/USD Rate Talking Points EUR/USD continues to hold above the December 2002 low (0.9859) as it is trading within last week’s range, and further data printouts ... -
After the PS5 price hike, will Xbox and Switch also raise prices?
Sony made the unexpected announcement on Thursday that it would raise prices for the PlayStation 5, effective immediately, in Europe, the UK, Canada, Australia, China and ... -
EUR/USD technical analysis: determined to break the parity
The EUR/USD exchange rate entered the new week’s trading once again, determined to break the parity rate. The currency pair actually broke down towards the support ... -
Factbox-Who is Alexander Dugin, Russian nationalist whose daughter died in a car bomb attack?
Who is Alexander Dougin? – Dugin, 60, has long advocated the unification of Russian-speaking and other territories into a vast new Russian empire, to which he ... -
Oil rises on Friday but falls the week as the dollar hits a 5-week high
NEW YORK (UrduPoint News/Sputnik – Aug 20, 2022) Oil prices rose on Friday but still ended the week lower after giving back much of the day’s ... -
Dollar parries gains as some Fed officials tread cautiously on growth
NEW YORK, Aug 17 (Reuters) – The U.S. dollar pared gains on Wednesday after minutes from the Federal Reserve’s July meeting showed Fed officials worried the ... -
Sri Lanka’s sovereign rating at SD but ISB downgraded to ‘D’ by S&P
ECONOMYNEXT – Sri Lanka’s sovereign rating remains at Selective Default (SD), but the country’s sovereign bonds have been downgraded to “D” after missed interest payments, said ... -
Investing in cryptocurrency while studying
Experts predict that cryptocurrencies could soon revolutionize most industries. They see it as a transformative technology that offers a safer way to conduct business transactions. Although ... -
Genshin Impact 3.0 Live Stream Time Locked For Friday
Genshin Impact players are about to enter a whole new frontier when the hit ARPG 3.0 update arrives with the brand new Sumeru region. After months ... -
Naira falls again due to new demand for dollars from importers
The national currency, the naira, depreciated further on Monday in the parallel market on renewed demand for dollars, especially from importers, traders told BusinessDay. After trading ... -
China and Taiwan’s Potential Economic Impact, Bear Market Warnings, and FC Barcelona Metaverse News – Bitcoin.com News Week in Review – The Weekly Bitcoin News
From worrying speculation about the potential economic fallout from the military conflict between Taiwan and China, to markets flooded with designer watches following a crypto downturn, ... -
Why there is a gold rush for CMA licenses in Kenya
With the rapid growth of Forex trading in Kenya, the country has seen a proliferation of international Forex brokers “setting up shop”. These brokers have made ... -
In one day, the naira rises by 4.5% as demand falls
The naira, Nigeria’s legal tender, which traded with the dollar at a peak rate of 710 naira, recorded a 4.5% increase in value in one day ... -
What is the Hong Kong Dollar Peg and Why It Matters
Comment this story Comment Anchored to the US dollar since 1983, the Hong Kong dollar is generally a dull currency. Except when it’s not, like this ... -
The Belfrics group continues its business activities despite
Belfrics Group is a global blockchain technology company, licensed and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia, operating cryptocurrency exchanges on its proprietary ... -
What is Ethereum Crypto? – Advisor Forbes Australia
Ethereum, also known as Ether, is the second largest cryptocurrency in the world behind Bitcoin, and like any digital currency, it has seen its fair share ... -
Trade of the Week: Can the Fed Satisfy Dollar Bulls?
The phrase “what goes up must eventually come down” comes to mind when looking at the performance of the dollar over the past few days. We’ve ... -
Is Iran seeking to become a bona fide arms exporter with the sale of drones to Russia?
As October 18, 2020, the expiration date of the UN arms embargo against Iran, approached, there was widespread speculation that Tehran would seek to modernize its ... -
PR News | The struggle to adapt to constant change
Curtis Zimmerman It’s the Wild West there. Just when you think you’ve grasped – and perhaps mastered with more than reasonable certainty – the latest innovation, ... -
Most Asian markets slide after Apple fan worries
HONG KONG: Most stocks fell on Tuesday after a sell-off on Wall Street fueled by renewed recession concerns following a report that Apple planned to cut ... -
RBA Governor Philip Lowe backs private sector innovation to develop official dollar-linked stablecoin
The private sector is more likely to successfully develop a stablecoin linked to official currencies than government agencies, according to Reserve Bank of Australia Governor Philip ... -
Dow widest gap in two years and dollar advance… Trends still unclear
Inflation, Fed Rate, S&P 500, Recession, EURUSD and Yield Curve Talking Points: The business perspective: S&P 500 bearish below 4,075; USDJPY bearish below 134.00; EURUSD bullish ... -
Taper Tantrum Playbook Key for RBI as Rupee Continues to Slide to All-Time Highs
With the rupee sliding to new record lows almost every week, analysts say Indian policymakers can take inspiration from their 2013 ... -
Potential early retirement investment opportunities with Uniglo (GLO), BitDAO (BIT) and Kusama (KSM)
Disclaimer: The text below is an advertising article and is not part of Cryptonews.com editorial content. Getting into the next big crypto project BEFORE it got ... -
Inflation in the United States; Increase in BOC and RBNZ tariffs; China’s GDP
S&P 500, VIX, Seasonality, China, Earnings, Fed, BOC and RBNZ Talking Points: The business perspective: S&P 500 bearish below 4,075; USDJPY bearish below 134.00; Long NZDCAD ... -
Gold Price Today, July 7, 2022: Comex Gold at 8-Year Low as USD Hits 20-Year High; MCX gold support at 50200
Gold price today, gold price outlook, gold price forecast: Gold prices in India were trading firm on Thursday, even as the yellow metal in the international ... -
Aussie plunges after RBA; yen under pressure from rising US yields
A U.S. dollar note (bottom) is pictured next to an Australian $10 (L) and $20 bill in this illustration taken in Washington, October 14, 2010. REUTERS/Jason ... -
Argentine customs authorities seize block reward miners worth an estimated $21 million
Argentina’s customs authority seized 2,233 mining rigs worth around $21 million that it said were overvalued in an effort to evade taxes. Seized rigs include Whatsminer ... -
Bitcoin Helped Joe Secure His Fortune, But He Wouldn’t Recommend It Anymore As Investors Risk Financial Ruin
Joe Bridge bought two motorcycles, two boats, and his first home with the million-plus dollars he earned on Bitcoin, but he doesn’t recommend trying to replicate ... -
Will Ripple become the single global currency?
The training price goes up after CEO Brad Garlinghouse pledges to hire 100 new employees. XRP price attempts to imprint a Morning Star candlestick pattern on ... -
Dow S&P 500 support and resistance to gauge broader risk trends
Dow Jones Industrial Average, S&P 500, Recession Risk and USDJPY Talking Points: The business perspective: S&P 500 bearish below 4,075; USDJPY bearish below 134.00 Risk trends ... -
This Is Why The US Dollar Is A Powerful Sanctions Weapon…For Now
About ten years ago, Swiss banks did something unthinkable. One by one, they shelved centuries of secrecy and handed over sensitive information to a US government ... -
Crypto crash: Crypto’s excruciating week forces traders to prepare for the next crisis
It was one of the most dramatic weeks in the short history of the cryptocurrency market, marked by the type of announcements that investors fear most ... -
Central Bank Inflation Battles to Dominate Pound Against Euro and Dollar
Inflation-fighting central banks will continue to dominate markets, BoE set to raise rates further The political decisions of global central banks and their impact on risk ... -
BOJ ramps up bond purchases to defend yield cap, sapping jaw
BOJ steps up bond buying, announces contingency plan for Wednesday Decision underlines BOJ’s determination to keep rates low Low Japanese Interest Rates Keep Yen In Bearish ... -
Will the Fed signal a slowdown in the pace of rate hikes this fall?
Will the Fed shed some light on its plans for later this year? The Federal Reserve will wrap up its two-day policy meeting in June on ... -
EUR/USD looks offered and falls to a 3-day low near 1.0660
EUR/USD loses ground again and revisits the 1.0660 region. The greenback prolongs the supply bias despite falling yields. Germany’s construction PMI fell to 45.4 in May. ... -
Will Bangladesh fall into a crisis similar to that of Sri Lanka?
As Washington steps up its efforts to restore US “economic leadership” in the Indo-Pacific region, US President Joe Biden launched the Indo-Pacific Economic Framework for Prosperity ... -
Russia is trying to lower its strong rouble. a Moscow broker tells why.
The ruble crashed when Russia invaded Ukraine, but strict Kremlin policies have since sent it soaring. Moscow is now trying to drive the currency down by ... -
Zim$ too insignificant to trigger inflation- Mthuli Ncube
By Thandiwe Garusa Finance Minister Mthuli Ncube argued that the Zim$ is in short supply and cannot be a factor among the causes leading to rising ... -
Building Bitcoin to Last for Centuries
It is imperative to ensure that the foundation of Bitcoin is built with great care and diligence. Any changes should be made with extreme caution. The ... -
Paris Hilton wants to be the “Queen of the Metaverse”
Hilton attends the invitation-only party in person every year, but this particular scene took place last month at Paris World, Hilton’s virtual experience on popular gaming ... -
Bears regain control and visit sub-1.0700 area
EUR/USD is under pressure and goes below 1.0700. C.Lagarde from the ECB will speak later at the WEF in Davos. The FOMC minutes will be the ... -
Memo from the Wild West-Crypto is an asset class
The Finance Bill 2022 was the first legislation in India to define crypto assets. “Virtual digital assets,” he said, are – I’m condensing here – a ... -
Bandage Measurement – Diary – DAWN.COM
The foreign exchange savings that the Shehbaz Sharif government aims to achieve by banning the import of 38 “non-essential luxuries” will have negligible impact on Pakistan’s ... -
Alan Howard’s Crypto Firm Raises $70M in Funding Round
Barclays & Goldman Sachs have invested in Alan Howard’s cryptocurrency trading platform Elwood Technologies currently provides institutional investors with crypto portfolio management services The fundraising event ... -
Euro to Dollar Week Ahead Forecast: Possible Corrective Rebound
EUR/USD May Cut Losses on Shanghai Headlines Probably limited increase as energy supply risks persist Russian gas payment delays, a possible trap © European Central Bank, ... -
Increased travel drives toll management even more
As travel has resumed, the number of tolls, tickets and parking meters to be paid has also increased. Mobility will see reported that its total revenue ... -
Bitcoin, Terra, Luna, Australia: Crypto bloodbath for Aussie investors
The more than one million Australians who have invested in cryptocurrencies have watched in horror as the financial bloodbath their fall in value has caused this ... -
Bitcoin falls as Wall Street stocks fall
HONG KONG/LONDON/NEW YORK, May 9 (Reuters) – Bitcoin plunged to its lowest level since July 2021 on Monday, falling as U.S. stock markets slumped amid concerns ... -
Crypto Mania, Financial Contagion and the “Goldilocks Zone”
Tuesday 03 May 2022 09:36 From the gold fever of the 1840s and 1850s and the bicycle bubbles of the 1890s to the bowling craze of ... -
How does Russia prevent the ruble from falling?
The West imposed sanctions on Russia. Still, the ruble appears to be bouncing back to pre-war levels. Currently, the ruble is 80 rubles to the dollar. ... -
EUR/USD climbs to 2-day high around 1.0580, looks to EMU CPI and GDP
EUR/USD smiles again and targets 1.0600. The EMU flash April CPI will be next Friday. US inflation tracked by the PCE comes next in the record. ... -
Consequences of India’s Digital Currency Regulation: Frozen Payments, Bitcoin Brain Drain, Merchant Woes, and More
The value of digital currencies has recently fallen by around 60% in India due to a massive sell-off and price movements, which has led to a ... -
Sanders and Warren lure presidential speculation with big moves
(The Hill) — Two of the Senate’s most prominent progressives are once again drawing presidential speculation. About two years after the senses. Bernie Sanders (I-Vt.) and ...