The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as… Read more »
The NZDUSD pair is a down around 1% on the day The RBNZ kept rates unchanged and expressed: the willingness to do more if necessary, will monitor and review downside risks… Read more »
What are the technical’s saying for the major currencies EURUSD: The EURUSD extended the week’s trading range in the NY afternoon (taking out the low from Tuesday at 1.12402. The… Read more »
Although a global digital currency has been enticing for regulators, Libra has failed to convince they’ll earn the world’s favor. Key Takeaways The announcement of Celo Network earlier this year… Read more »
© Reuters. China Tensions Spur $2 Billion of Bets on Currency Options (Bloomberg) — Foreign-exchange options traders anxious about worsening U.S.-China relations are using key currency proxies to hedge against… Read more »
While XRP is a topic of conversely for many in the space, the asset is undoubtedly a powerhouse in the industry, with the third-largest market capitalization of all cryptocurrencies. XRP… Read more »
Many of the impacts of COVID-19 are easy to grasp. Every day we see the gutting news: the rising body count, the millions of unemployed, the makeshift morgues in public… Read more »
Revealing exchange from Warren Buffett The main equity news on the weekend came from Warren Buffett and it wasn’t good at all. He sold all his airlines stocks He didn’t… Read more »
© Reuters. Illustration photo of a Hong Kong dollar note By Noah Sin HONG KONG (Reuters) – The Hong Kong dollar is bumping against the top end of its narrow… Read more »
© Reuters. Lebanon’s Dollar Peg Gives Way to Currency Chaos After Default (Bloomberg) — Lebanon’s currency peg, an anchor of financial and social stability for more than two decades, is… Read more »