The U.S. dollar gained in Europe on Wednesday, rebounding after a two-day fall. Traders considered the implications of a bad-tempered first debate between President Donald Trump and his challenger, Joe Biden. The dollar index climbed up just above the 94 mark versus a basket of currencies. Meanwhile, the euro tumbled down by 0.3% against the …
U.S. dollar gained on Wednesday despite new tensions Read More »
The coronavirus pandemic had a tremendous impact on people around the globe. Moreover, even the largest economies in the world suffered losses due to the pandemic. For example, the world’s second-largest economy is recovering as China has the potential to get its economy back on track. Based on the information provided by the country’s National …
China’s Manufacturing Activity and the Week-Long Holidays Read More »
It is no secret that K-pop short for Korean pop is popular not only in South Korea but in other countries as well. It is worth mentioning that, all members of the famous K-pop group BTS are set to become multi-millionaires. Importantly, their label Big Hit Entertainment goes public in less than a month. Consequently, …
South Korea’s Largest Initial Public Offering in Three Years Read More »
The Japanese yen traded at 105.52 against the dollar on Tuesday. Meanwhile, the risk-sensitive Australian dollar gained, trading at $0.7084. The New Zealand dollar stood at $0.6568. The euro steadied at $1.1674 after European Central Bank President Christine Lagarde’s statement. She said that the external value of the shared currency impacts inflation. On the other …
Yen was steady against Dollar. What about Euro and Sterling? Read More »
The cryptocurrency exchanges are willing to expand their services. It makes sense as thanks to new services it is possible to generate additional profit. Importantly, the cryptocurrency exchange Huobi Global is expanding in the Russian Federation. It is worth mentioning that, users in Russia have the ability to access Huobi’s spot market and trade major …
Military conflicts have a colossal impact on the economy of any country, especially when it comes to the economies of developing countries. Several former Soviet Union republics suffered heavy losses due to internal and external conflicts. Unfortunately, there are several frozen conflicts and one of them is the conflict in Nagorno-Karabakh. Several days ago fighting …
Nagorno-Karabakh Conflict and its Impact on the Economy Read More »
The dollar remained steady against a basket of currencies on Tuesday. Investors waited for the first U.S. presidential debate while simultaneously tracking developments on the U.S. stimulus bill. The dollar index remained unchanged at 94.209, lowering from a two-month high of 94.745 reached last week. Stock markets made solid gains partly on positive China …
U.S. dollar steadied while the Aussie and the Kiwi gained Read More »
The relations between the world’s largest economies are quite complex. Moreover, it is hard to determine how long, it would take to solve all issues. Importantly, the U.S. decided to impose restrictions on exports on the Chinese chipmaker SMIC due to risks of military use. According to the company, it has no ties with the …
One of the exceptional things about Forex trading is that you have a lot of free information on the internet. Besides that, you also can open a demo account, which means that you don’t have to lose money in the process. These are the main advantages of trading Forex, far above any other asset. Let’s …
Law enforcement agencies are working hard to identify various crimes. For example, the Financial Intelligence Unit of Estonian police discovered that companies from abroad owned by e-residents of Estonia took part in multiple large-scale exit scams. It is worth noting that, Estonia is a crypto-friendly country. However, such cases have the potential to create bad …
Crypto-Related Crimes and Financial Intelligence Unit Read More »
The euro stood at $1.1635 on Monday. It traded at $1.16125 on Friday, plummeting down to its lowest level in two months. The British Pound Sterling changed hands at $1.2767, a bit higher than Wednesday’s two-month low of $1.2676. The Japanese Yen traded at 105.46 against the U.S. dollar. Meanwhile, the greenback nearly reached …
Sterling inched forward on Monday. What about the Euro? Read More »
The coronavirus pandemic created a lot of problems for countries around the world, and it is far from being over. Developed as well as developing countries are struggling to cope with numerous challenges. The economy of Saudi Arabia suffered losses due to coronavirus pandemic. Based on the report prepared by the Institute of International Finance, …
The dollar stood near to its two-month high against a basket of currencies on Monday. Traders are waiting for upcoming economic data and political developments in the United States before making any bets on the U.S. currency. On Friday, a rebound in U.S. stocks has helped stop the ascent of the greenback. Signs of a …
Dollar stopped its ascent due to pre-election jitters Read More »
The process of crypto adoption in India is far from being over. Hopefully, cryptocurrency exchange BuyUCoin wants to take part in this process. It is worth mentioning that, Indian cryptocurrency exchange developed a framework to regulate cryptocurrency in India. People should keep in mind that, cryptocurrencies have the potential to help the local population. Interestingly, …
Cryptocurrencies, Indian Government, and Risk Factors Read More »
Last week, Hong Kong-listed shares of China Evergrande Group fell in a mixed trading day for Asia-Pacific stocks. Importantly, Hong Kong-listed shares of China Evergrande Group declined 9.46%. According to the information, the property developer is seeking government support to approve a restructuring plan. This information affected the shares of China Evergrande Group. Nevertheless, the …
Hong Kong-listed Shares of China Evergrande Group Read More »
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