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LATEST ARTICLES ( 540 )

• High Inflation Drives Turkish Lira Towards 8.42 in April

  

  USD/TRY is moving towards the lifetime high at 8.4677, reached on March 30, 2021. CBRT policies are driving up inflation and the Turkish lira higher. Read more

  Posted on 26 April 2021 BUSINESS, FINANCE

• Bitcoin Falls Almost 20% Amid US Treasury Scrutiny

  

  Bitcoin rallied to an all-time high towards $65,000 on April 14, ahead of the Coinbase IPO, but plunged almost 20% when it came under US Treasury scrutiny. Read more

  Posted on 23 April 2021 BUSINESS, FINANCE

• Canadian Dollar at 1.25 Levels as Employment Improves

  

  The Canadian dollar has dropped to four-week lows, at 1.2500 levels as employment increases, lockdown restrictions eases, and business sentiment improves.... Read more

  Posted on 19 April 2021 BUSINESS, FINANCE

• Weaker Japanese Yen Affected by Lower Interest Rates

  

  The Japanese yen has come down after hitting resistance at 111.70 levels. Low interest rates have failed to uplift the economy, and BOJ offers to subsidize... Read more

  Posted on 16 April 2021 BUSINESS, FINANCE

• Digital Yuan, the Central Bank Digital Currency in China

  

  The digital yuan is a central bank digital currency developed by the People’s Bank of China to digitize cash and coin and encourage cashless payment. Read more

  Posted on 14 April 2021 BUSINESS, FINANCE

• Covid-19 Vaccine Lowers Infection Rate and British Pound

  

  Brexit issues and new Covid mutations create panic among investors, which has weakened the British pound, though covid-19 vaccine rollout is good. The covid-19... Read more

  Posted on 12 April 2021 BUSINESS, FINANCE

• WazirX Launches India’s First NFT Marketplace

  

  WazirX is India’s First NFT marketplace to exchange digital assets, where users create and list NFT on its platform to help digital creators and collectors. Read more

  Posted on 09 April 2021 BUSINESS, FINANCE

• US Dollar Index Lower in April as Labour Market Strengthens

  

  After a month of gain, the US Dollar Index has paused briefly, with a strong inflow of data from the labour market, while bond yield has stabilized. Read more

  Posted on 07 April 2021 BUSINESS, FINANCE

• USD/CAD at April 2018 Lows Despite Rising Crude Prices

  

  The USD/CAD is at the 2018 lows at 1.2573, though crude prices have spiked up. Rising crude prices are preventing the currency pair from moving lower. Read more

  Posted on 05 April 2021 BUSINESS, FINANCE

• PayPal Announces “Checkout with Crypto” on Tuesday, March 30

  

  PayPal has allowed US customers to use cryptocurrency to make payments at its online merchants globally, which facilitates immediate conversion into US dollars. Read more

  Posted on 02 April 2021 BUSINESS, FINANCE

• NZD/USD Moves Below 71.00 on Housing Bubble Issue

  

  The NZD/USD saw a sharp decrease with the government taking steps to remove tax incentives, discourage speculation and remove the housing bubble. Read more

  Posted on 31 March 2021 BUSINESS, FINANCE

• USD/TRY Surges 15% on Dismissal CBRT Governor Agbal’s Performance

  

  USD/TRY rose sharply by 15% on March 22 after Turkey President Erdogan sacked central bank (CBRT) governor Naci Agbal for hiking interest rates. Read more

  Posted on 29 March 2021 BUSINESS, FINANCE

• Musk’s Tweet Brings a 3.5% Surge in Bitcoin on Wednesday

  

  Bitcoin, the world’s largest cryptocurrency has surged after Elon Musk announced that a brand-new Tesla vehicle can be purchased with Bitcoin in the US. Read more

  Posted on 26 March 2021 BUSINESS, FINANCE

• EUR/USD Weakens as It Slips Below 1.19 Levels

  

  The EUR/USD slips below strong support at 1.1900 levels, with coronavirus infections increasing in the EU and the US Dollar Index gaining strength on Tuesday.... Read more

  Posted on 26 March 2021 BUSINESS, FINANCE

• GBP/USD Faces Stiff Resistance at 1.40 Levels in March

  

  GBP/USD drops to 1.3850 levels as the Bank of England keeps rates unchanged at 0.1%, and the dollar strengthens with US bond yields rising to 1.70%. Read more

  Posted on 22 March 2021 BUSINESS, FINANCE

• Grayscale Bitcoin Trust (GBTC) Digital Asset Investment Firm

  

  The world’s largest digital asset investment firm, Grayscale Bitcoin Trust (GBTC), is the second-largest holder of bitcoin, holding more than 3% bitcoins. Read more

  Posted on 19 March 2021 BUSINESS, FINANCE

• USD/INR Weakens to 72.50 Amid High Inflation in March

  

  The USD/INR has slumped from a high of 74.00 levels on February 26 to 72.50 on March 15, affected by high inflation and low industrial production numbers. Read more

  Posted on 17 March 2021 BUSINESS, FINANCE

• AUD/USD Fluctuates Around the 0.7750 Levels in March

  

  The AUD/USD moves sideways around the 0.7750 levels in March, in spite of a shooting star candlestick seen on the monthly charts in February. AUD/USD... Read more

  Posted on 15 March 2021 BUSINESS, FINANCE

• Ethereum Improvement Proposal 1559 (EIP 1559) Upgrade

  

  The Ethereum Improvement Proposal 1559 (EIP 1559) upgrade draws investor attention over their usability, as it addresses transaction fee problems. The Ethereum... Read more

  Posted on 12 March 2021 BUSINESS, FINANCE

• USD/JPY at Nine-Month Highs at 90.00 Levels in March 2021

  

  USD/JPY moves towards a nine-month high at 109.00 levels, reaching towards the July 2020 highs. It has been on an uptrend for the past three months. Read more

  Posted on 10 March 2021 BUSINESS, FINANCE