The British pound (aka the sterling) has been nominally stronger than the USD for most of the past few decades, making a high of just over 2.00 USD per GBP around the time of theGreat Financial Crisis (GFC) of 2007–2009. The GFC saw investors flee to the USD and out of the pound...
An overvaluation of the USD led to concerns overexchange ratesand their link to the way in which gold was priced. President Richard Nixon decided to temporarily suspend thegold standard. At that point, other countries were able to choose any exchange agreement other than the price of gold. In...
If the EURUSD pair’s price is 1.12, it means that one euro is equal to one US dollar and twelve cents. If, for example, the number increases, this means the euro is getting stronger than the US dollar and vice versa. Trades can be closed within minutes of opening, but can also ...
Naturally, the deeper we go, the tougher the ground. That means more and stronger explosives and better machinery. And even more energy to both build and operate such machinery. Recently the World Platinum Investment Council stated an expected increase in demand that may result in a struggle to...
This article is published in association with European Investment Bank. After a challenging period marked by tight credit conditions, banks in Central Eastern and South-Eastern Europe (CESEE) are reporting increased willingness to lend together with a stronger credit demand from both households and bu...
advanced-economy central banks are stoking exchange-rate volatility in the world’s rich countries. The spillovers from the Fed’s higher-for-longer policy position are perhaps most pronounced in Japan, which has recently taken tointerveningin foreign-exchange markets to stem the yen’sUSDJPYrapid...
so many of them end up staying either as illegal immigrants or as legal cross over citizens, it is no wonder why Canadians hate us so much. It is quite obvious not only is our weather warmer and our economy stronger, our way of life is so much better than the Canadians have up north...
CRO/USD daily chart analysis reveals Cronos (CRO) reveals a challenging setup as the price action forms a consolidative pattern near this key level. The trading volume has not shown significant fluctuations, suggesting that traders might be waiting for stronger directional cues before committing to ...
Let’s look closer at the factors driving the crypto market down today. Bitcoin leads the market slump Today’s crypto market decline is part of a correction that started during the early New York trading hours on Jan. 7 when BitcoinBTClost the $100,000 level, as two stronger-than-expecte...
Bitcoin is not the next AOL. It’s a protocol growing stronger by the day with no competition, and it's already too big to be stopped. Bitcoin is the next TCP/IP upon which AOL and the internet were built, but for money. Bitcoin may well stand to be the future base layer protocol...