The CHF was the strongest currency for the week. The NZD was the weakest.
10 year yields were lower. Most stock indices were higher. Crude oil is up for the 3rd week in a row. The CHF was the strongest of the major currencies… Read more »
Tag: currency
Miami Mayor Opening Bitcoin 2021: The Days of a Currency Tethered to a Central Bank Coming to End
Bitcoin 2021, the biggest BTC-oriented conference so far, is taking place in Miami right now. Opening the event was, somewhat expectedly, the mayor of the city – Francis Suarez. Francis… Read more »
Is U.S. Dollar At Risk Of Losing Reserve Currency Status?
U.S. dollar weakness is a topical subject this year, inspiring new forecasts that the currency is in danger of losing its reserve currency status. Advocates of this outlook point to… Read more »
A review of the technicals for the major currency pairs
Technical overview for the major pairs EURUSD: The EURUSD fell in the London/European session falling to a low price of 1.2163.. That was just above a swing low area near 1.2159…. 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 »
Bank of Indonesia joins central bank digital currency race
The Bank of Indonesia is one of the latest global central banks to announce state digital currency plans amid a major spike in the country’s digital payments. Governor Perry Warjiyo… Read more »
Rosengren says Fed considering issues around a central bank digital currency
Comments from the Boston Fed President on crypto: Research on central bank digital currency is exploratory Boston Fed will release white paper in early Q3 and create an open source… Read more »
Swiss National bank to test a transfer of central bank digital currency funds
Asian central banks have already trialled such transfers, SNB to do so now. Central banks are testing that digital currency can be exchanged and used in transactions abroad without issues… Read more »
The U.K. Could Create a Digital Currency Task Force | Crypto Briefing
Key Takeaways The U.K. is considering a task force that will explore the creation of a central bank digital currency (CBDC). The effort will be led by members of HM… Read more »
People’s Bank of China Gov: Crypto is An “Investment Option,” Not “Currency”
Li Bo, the recently-appointed Governor of the People’s Bank of China (PBOC), spoke publicly on Sunday about the potential benefits of cryptocurrencies as investments. Cointelegraph, citing Chinese journalist, Colin Wu, reported… Read more »