Euro 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…
Category: News
Euro is under 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…
Argentina creates ‘soy dollars’ as export aid
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…
The 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…
Bitcoin is starting to show signs of life After 9 straight weeks of losses
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…
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…
Inflation at 6.8% in Canada | What impact for the Canadian dollar?
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…
Price zones for buying Bitcoin
The price of Bitcoin shows that there are three main places to buy at $29,000, $19,500, and $12,000 USD. Due to a bearish flag and inefficiencies in the…
The Turkish lira fall against the US dollar
The Turkish lira fell another 2% against the US dollar, making it the 9th day in a row that it did so. Oil producers were happy when oil…
The US dollar index retreats and the EUR/USD pair rises on the forex
If you’re worried about how inflation will affect your spending, you can take a deep breath for another month because April’s retail sales numbers were strong. The headline…