What you need to know on Wednesday, January 5: The dollar continued to advance on Tuesday, posting the most notable advance against the yen. USD / JPY jumped to 116.34, its highest level since January 2017, as the dollar rose along with US government bond yields Demand for the US currency fell back with the […]
Tag: Cryptocurrencies
Forex Today – Asian Session: Dollar Rises Along With Government Bond Yields
What you need to know on Tuesday, January 4: The dollar is the best performer on Monday, appreciating against all its major rivals thanks to high yields on US government bonds. The yield on the US 10-year Treasury note started the day at 1.53. %, jumping to 1.635% in the US mid-afternoon, holding close as […]
Imagine a Central Bank ‘erasing’ Bitcoin in 2022
By Kenneth Rapoza Remember last year when the weather changed and everyone said: “Thank God, 2020 is over. The new year will be better!” And 2021 brought us more coronavirus cases, more jobs threatened with loss due to coronavirus reduction policies, more masks and repeated protest rallies in some parts of Europe: a phenomenon that […]
The first LOATKI + cryptocurrency is coming
The first LOATKI + cryptocurrency is in the works, with its creators stating that “they want to use the financial power of the community in order to change the world”. According to Reuters, the so-called maricoin, named after a pun derived from a LGBT + attack on people in Spanish, began on Friday with a […]
2022 will be the year where employees will be paid with cryptocurrencies
By Jack Kelly Last year companies were forced to struggle to find employees. After years of taking people for granted, the pandemic upset the labor market. There were about 11 million jobs available and a shortage of people willing to take them. In their quest to attract and hire talent, companies had to make fundamental […]
Major Pairs Trapped in Tight Ranges on the Last Day of 2021
This is what you need to know to trade today Friday, December 31: Following the choppy market action on Thursday, the major pairs remain quiet as we approach 2022. No macroeconomic data will be released on New Year’s Eve, but the US equity markets will be open. US bond markets will close early. Hours earlier, […]
New Years Eve means more swing trades to come
What you need to know on Friday, December 31: Major pairs held within familiar levels Thursday, trading choppy amid weakened market conditions. Most financial markets will be closed on Fridays, in the middle of the New Year’s holiday. Wall Street will operate normally, while the bond markets will close earlier. The market is likely to […]
Forex Today – Asian Session: The Dollar Loses Ground As Traders Prepare To Close Their Year-End Books
What you need to know on Thursday, December 30: The dollar swung between profit and loss, rising during the European session and then lower during US trading hours As traders prepare to close their yearly books, major pairs saw some action for the first time this time. week. The EUR / USD pair fell to […]
Crypto in the ‘red’ – Losses over 6% for Bitcoin and Ethereum
The cryptocurrency market is in the midst of worries about the new pandemic wave that continues to spread around the world, creating severe problems for airlines that are forced to cancel flights as many workers fall ill with coronavirus and go into quarantine. However, investors still believe that the impact of the Omicron mutation will […]
Jack Dorsey Predicts: ‘Bitcoin Will Replace Dollar’
By Billy Bambrough Jack Dorsey, who recently resigned as CEO of Twitter to focus on the growth of its electricity payment company, he predicted that Bitcoin would eventually replace the US dollar. Bitcoin has been rallying since the beginning of the year, but in recent weeks it has fallen, losing more than 30% of its […]
