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The euro rate rises above parity again

euro rate rises

The rate of the euro rose above parity on Friday. In the afternoon, the value of the common currency went up as high as 1.0090 US dollars. It was last traded at 1.0062 US dollars, which is a bit less. It was still about a cent less in the morning. The reference rate was set […]

Euro partially recovers losses

Euro is stable above 1.02 US dollars

Late Thursday, the euro stopped losing ground. The last price for the common currency was $1.0166. The euro fell to 1.0114 US dollars in the business of European currencies. The reference rate was set by the European Central Bank (ECB) at 1.0122 dollars (Wednesday: 1.0152 dollars). So, it cost 0.9880 (0.9850) euros to buy a […]

Euro stable above 1.02 US dollars

Euro is stable above 1.02 US dollars

On Friday, the euro was mostly stable above the $1.02 level. At noon, the price of the common currency was about the same as it was in the morning, at $1.0215. The euro lost some of its gains. Thursday afternoon, the European Central Bank (ECB) set the reference rate at $1.0122. Before the weekend, there […]

Euro back above 1.02 US dollars

Euro is back above 1.02 US dollars

Friday, the euro made up for its losses from the day before. In early trading, the price of the common currency was $1.0210. On Thursday, it had dropped to $1.01, but was still worth a lot. Thursday afternoon, the European Central Bank (ECB) set the reference rate at $1.0122. Before the weekend, there will be […]

Euro is under pressure against the US dollar

Euro is pressure against the US dollar

On Thursday, the euro lost the ground it had made the day before. In the afternoon, the lowest value of the common currency was 1.0114 US dollars. It was still over $1.02 in the morning. The reference rate was set by the European Central Bank (ECB) at 1.0122 dollars (Wednesday: 1.0152 dollars). So, it cost […]

The euro returns gains

euro returns gains

On Wednesday, the euro gave up its early gains. The most recent price of the European common currency in US dollars was 1.0123. It was traded at about the same price as when it first started trading. The euro went up to $ 1.0172 at noon. The reference rate was set by the European Central […]

JPMorgan strategists claim the right Bitcoin price is $38,000 USD

JPMorgan strategists claim the right Bitcoin price is $38,000 USD

The Fair value of Bitcoin is $38,000 USD according to JPMorgan strategists The Bitcoin price is currently below its fair value, according to JPMorgan making Bitcoin one of the bank’s preferred alternative investments. The banking giant believes there is room for the digital asset class to rebound, unlike other alternative assets. Benjamin Cowen, a leading […]