Wednesday was a hard day for a majority of currencies. The sterling fell against the U.S. dollar, lowering by 0.4% to $1.2376. Even though the euro dropped against the dollar by 0.2% to $1.1015, it soared against most other currencies. This was due to its vast liquidity, which is attractive for traders during the economic …
Euro Rose Against Several Currencies. U.S. Dollar Hit High Read More »
Japan is famous for its companies such as Toyota, Sony, Honda, etc. It is not surprising that foreign companies would like to enter the local market. Moreover, the crypto industry is not an exception. However, foreign crypto exchanges should be ready to deal with strict regulations. Recently, a Japan-based law firm released a report covering …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDBRL The US dollar rises against the Brazilian real as the global slump continues to loom over the market. Since Monday, the greenback has charged against the Brazilian real and is now on its …
On the first day of April, stocks in Asia fell, even though Chinese manufacturing activity expanded in March. Interestingly, the Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) for March reached 50.1. As a result, this index surpassed the expectations. For example, in comparison with February, this result is better as in the last months of the …
On March 31, a law firm from Japan released a report covering all aspects of crypto assets in Japan. Interestingly, Double jump.tokyo the game developer behind My Crypto Heroes, founded this law firm called So & Sato. Based on the report published by So & Sato, strict regulations are likely to benefit new players in …
The U.S. dollar skyrocketed against the riskier currencies on Wednesday as the countries stay in lockdown while coronavirus pandemic continues. The greenback rose against the sterling, New Zealand, and Australian dollars, and most emerging market currencies after the recent wave of sell-off in global shares showed that investors stay in the flight mode. Masahiko Loo, …
U.S. Dollar Rallied Against the Basket of Currencies Read More »
The U.S. has the largest economy in the world and as a result, even a minor issue might affect the global economy. Currently, the coronavirus pandemic is the biggest problem not only for the local economy but the global economy as well. Recently, world-famous investment bank Goldman Sachs decided to revise its position on how …
Huawei has warned China will strike back against new restrictions from the United States. 2020 would be the company’s most difficult year due to trade restrictions that affected its sales last year. Chairman Eric Xu warned that further export restrictions could destroy global tech supply chains. Following its weakest annual profit growth in three years, …
The Chinese Government Will Strike Back for Huawei Read More »
The United States Department of Agriculture (USDA) reported the first intentions for planting the new campaign in North America and the quarterly stocks. The stock data impacts in the short term are optimistic in corn and neutral in soybeans and wheat. In Chicago, soybeans closed with a rise of US $ 1.33 to the US …
Corn Planting in the US could be the 2nd-largest in History Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURNZD The euro feels the pressure of the revised gross domestic product projections for the eurozone. The New Zealand dollar takes advance of the weakness of the single currency, steadying the pair this Wednesday. …
The European currencies declined on Tuesday. The euro fell by 0.24% to $1.1013. Traders are waiting for new data, which will likely show a rise in German unemployment. The Swiss franc also declined against the U.S. dollar to 0.9610, following a 0.8% loss on Monday. Meanwhile, the sterling lowered by 0.71% to $1.2331. It also …
European Currencies Fell on Tuesday. What About the Yuan? Read More »
The coronavirus pandemic is a serious challenge to the stock markets around the globe and the U.S. stock market is not an exception. People should take into consideration that usually it takes a lot of time for stocks to recover from severe losses. Furthermore, bear markets are measured in months, not days. Based on the …
Crypto exchanges step-by-step continue to expand their services, as this industry has the potential to attract new clients. However, cryptocurrencies have to deal with various problems. It is quite hard to create a crypto exchange and such entities have to comply with strict regulations in countries around the world. Moreover, as can be seen from …
Malta-Based Exchange Offers $400 Million for Crypto Site Read More »
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