Sun, May 19, 2024

Central bank

Fb.com: Facebook coins new digital money.

Europe Is Prohibiting Facebook’s Libra Digital Coins

  The idea of fb.com (facebook) to introduce its digital coin, Libra, faces inspection. It is some of the world’s largest financial institutions that have ordered the scrutiny. According to the news reports, spokespersons from the Libra Association will come together with representatives from 26 of the world’s central banks in Bazel, Switzerland. This Monday …

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ECB and stock markets

U.S. and European stock markets on September 12

On September 12, the European Central Bank made which will have a long-lasting effect on the European economy. Another news which influenced the stock markets was the U.S. President Donald Trump’s decision to postpone the tariffs. European Central Bank and stock markets On Thursday, the European Central bank (ECB) made the announcement. The ECB decided …

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Market Charts and Analysis

Daily Market Charts and Analysis September 12, 2019

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDCNH The pair is still traversing the bullish territory above the both the 50-day and 20-day moving averages, although the price has already started a possible retracement of its value after the dollar recently …

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European stocks

Stock markets and the global economy Sep 11, 2019

European and Asian stock markets and the global economy European and Chinese stock markets reacted to the news regarding the upcoming central bank’s meetings. Investors, as well as analysts, are waiting for the meeting of the European Central Bank. The trade war between the U.S. and China continues to affect the stock markets in Europe …

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Market Charts and Analysis

Daily Market Charts and Analysis September 10, 2019

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDHKD The pair is showing signs of consolidation as traders try to balance out the possibilities of what may happen over the protests in Hong Kong after recent developments. Still, the dollar retains most …

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Wibest – Euro Currency: Single currency notes grouped in value.

Euro Currency Rallies Before the ECB Meeting | Wibest

The Euro currency edged up yesterday against other major currencies around the globe. The EUR’s strength comes from the traders who are waiting for the meeting of the European Central Bank two days from now. The EUR USD trading pair slightly inched up by 0.08%, or 0.0009 points, in yesterday’s trading. The pair extended its …

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Wibest – Euro Currency: Hundred Euro notes

Euro Currency Steadies Ahead of ECB Meeting | Wibest

The Euro currency holds its ground on Monday’s trading sessions as traders await the ECB meeting this week. The euro market is expecting policymakers to deliver fresh stimulus to support the faltering regional economy. Expectations from the European Central Bank ease comes as other major central banks go to loosen their own monetary policies. However, …

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Global stock markets

European Central Bank Signals Risk of Libra Digital Coins

Recently, Yves Mersch, European Central Bank’s key legal official, indicated that Facebook’s Libra stablecoin is “beguiling but treacherous”. This was during a speech at the ECB’s legal meeting in Frankfurt on Monday. News reports conveyed that Mersch’s remarks in an article published on September 2. It indicated that private currencies have little chance of establishing …

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