AUD: The Commodity Currency? | Investing.com
The Australian Dollar () is commonly referred to as a commodity currency. As in, the relative strength of the currency is correlated with the price of certain commodities. For the… Read more »
Tag: currency
Currency Pair Of The Week: AUD/USD Testing Resistance Ahead Of Key Data Releases
As my colleague Tony Sycamore noted yesterday, Australian traders will be closely monitoring the release of the country’s report. Although the data precedes the ongoing lockdowns in Sydney and Victoria,… Read more »
Largest Crypto Seizure In Australia: Police Seize $6M Worth Of Digital Currency
The percentage of illegal crypto transactions, according to this Chainalysis report, is about 2% of total transactions. Although the majority of cryptocurrency transactions is not illegal, it is increasingly being used… Read more »
7 Best Forex Indicators for Forex Currency Trading
One of the prime concerns of a trader is to decide which is the right time to enter or exit the market. To help determine, Best Forex Indicators are used,… Read more »
Crypto Company Circle Seeks To Become Global Digital Currency Bank
The company behind the increasingly popular USDC stablecoin dreams big. Circle wants to leverage its know-how and good reputation to become “a global digital currency bank.” That means it’s also… Read more »
Digital currency may be an answer to help the unbanked, Sen. Warren says
Senator and former United States presidential candidate Elizabeth Warren believes that the digital asset industry may be a tool to tackle some challenges in the traditional financial system. A known… Read more »
Amazon Hiring Blockchain and Digital Currency Leader | Crypto Briefing
Key Takeaways Amazon is hiring a digital currency and blockchain leader, according to a newly published job posting. The new hire will have expertise in cryptocurrency, distributed ledgers, and central… Read more »
Report: Vietnam’s PM asks State Bank to trial digital currency on blockchain
The State Bank of Vietnam is reportedly set to become the latest central bank to delve into explorations of the feasibility and operationally of central bank digital currencies (CBDCs). Its… Read more »
Brian Armstrong Says China’s Digital Currency Is A Threat To U.S.
Brian Armstrong strongly argues that China’s Central Bank Digital Currency will pose a threat to the U.S. Armstrong see the CBDC as a move that will disrupt the United States… Read more »
Indonesia to Launch Central Bank Digital Currency | Crypto Briefing
Key Takeaways Indonesia is working on a central bank digital currency, Governor Perry Warjiyo has announced. Transaction volumes on digital banking platforms has surged since the start of the pandemic…. Read more »