September 19, 2022
Via: DailyFXGold slipped again today as the US Dollar found some traction with Treasury yields maintaining lofty levels going into a busy week for central banks. The non-yielding precious metal is below us$ 1,670 at the time of going to print. […]
Financial Services, Industries
September 19, 2022
Via: DailyFXTHE ROLE OF CENTRAL BANKS IN THE FOREX MARKET Central banks are mainly responsible for maintaining inflation in the interest of sustainable economic growth while contributing to the overall stability of the financial system. When central banks deem it necessary […]
July 11, 2022
Via: DailyFXWTI crude oil prices have been rising swimmingly since a bottom was found at the peak of the 2020 global pandemic. Heading into the end of the second quarter, the commodity’s momentum slowed notably. Following the brief spike when Russia […]
April 6, 2022
Via: DailyFXGold prices are slightly lower in early Asia-Pacific trading, following an overnight drop when a surge in the US Dollar caused broad weakness in precious and industrial metals. XAU prices are trading around 1922, a level where prices have found […]
November 5, 2021
Via: Markets InsiderCrypto investors should be holding ethereum rather than bitcoin as interest rates rise, JPMorgan said, because the blockchain has more uses such as powering decentralized finance and non-fungible tokens. JPMorgan analysts, led by market strategist Nikolaos Panigirtzoglou, said in a […]
July 30, 2021
Via: Natalie DunnCryptoassets (digital assets using blockchain technology) have seen explosive growth since the outbreak of the financial crisis in 2008. Libertarian orientations, which reject governments/public authorities (central banks), equate cryptoassets (also known as cryptocurrencies) with a decentralization of the financial system, […]
Financial Services, Industries
September 9, 2020
Via: FortuneIn the ten years since Bitcoin came on the financial scene, central banks have quietly been dabbling in digital currencies of their own. Now, Mastercard has unveiled a tool designed to simulate how those currencies would work in the real […]
June 8, 2020
Via: Market WatchGold prices on Monday rose off a two-month low as investors wagered that stimulus from central banks will remain in place for the foreseeable future, bolstering the case for bullion, despite a powerful rebound from equities off their lows in […]
April 28, 2020
Via: ABC NewsShares opened higher in Europe on Tuesday after a mixed session in Asia as governments inch toward letting businesses reopen and central banks step in with still more support for ailing economies. Oil prices extended losses. France’s CAC 40 gained […]
March 19, 2020
Via: ABC NewsAirlines are warning they may need bailouts as the virus outbreak brings more countries into lockdown, while central banks are injecting trillions of dollars more into the financial system to grease the gears of the global economy. Business confidence is […]
Finance Tech, Financial Services, Industries, Liquidity
March 6, 2020
Via: CNBCInvestors are expecting the U.S. Federal Reserve — and other central banks globally — to do more to rescue the global economy from a downturn caused by the ongoing coronavirus crisis. The Fed lowered its benchmark rate by 50 basis […]
Financial Services, Industries
November 14, 2019
Via: CNBCIn an era of negative interest rates in Europe, monetary policy should not be geared towards appeasing the banking sector, BNP Paribas Chairman Jean Lemierre has said. Speaking to CNBC’s Annette Weisbach at the BNP Conference in London on Thursday, […]
July 26, 2019
Via: ABC NewsGlobal stock markets mostly rose Friday as investors looked ahead to more talks on the China-U.S. trade dispute as well as for signs of what’s in store from central banks. France’s CAC 40 added 0.5% to 5,605 and Germany’s DAX […]
June 5, 2019
Via: Business InsiderGlobal stocks and US futures jumped on Wednesday, tracking a boom in US equities on Tuesday, after the US Federal Reserve hinted it might cut interest rates later this year. Fed Chairman Jerome Powell pledged to ” act as appropriate” […]
September 18, 2017
Via: Business InsiderLONDON — The price of Bitcoin is surging on Monday after a week in which it lost more than $1,000 in value and dropped below $3,000 per coin for the first time in over a month. Bitcoin collapsed spectacularly last […]
September 3, 2015
Via: itCuratedIn 2008, former Federal Reserve chairman Alan Greenspan went before Congress and admitted he had been wrong to hold interest rates at low levels for an extended period, because those low rates caused a housing bubble which — when it […]