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 […]
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 […]
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 […]
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 […]
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 […]
Argentine’s economy and government are in bad shape, so the country’s central bank has taken steps to encourage farmers to sell and export soybeans. A statement from the central bank says that the new system will let farmers get a better exchange rate for US dollars than what the official foreign exchange market can offer. […]
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 […]
The price of Bitcoin (BTC) is up 5.6% in the last 24 hours and back above $30,000 on Monday. This is a brief sign of strength in the middle of a record losing streak. Bitcoin’s price has gone down for nine weeks in a row for the first time in its history. It went from […]
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 […]
Inflation in Canada remains excessively high – What does this mean for the Canadian dollar? The Canadian CPI print proved what the markets already thought, which is that inflation will keep going up and force the Bank of Canada to raise rates even more. Toni Gravelle of the Bank of Canada said last week that […]