The EURUSD exchange rate is a measure of the value of the euro against the US dollar. The exchange rate is affected by a variety of factors, including macroeconomic factors, political developments, and market sentiment. Understanding these factors is essential for traders and investors who are looking to make informed.
The EUR traded within a narrow range of 1.0998 and 1.1053 yesterday, which was narrower than the expected range of 1.0980/1.1060. The underlying tone of the market has softened somewhat, and the EUR is likely to edge lower today. However, any decline is unlikely to break the support level of.
PEPE coin, one of the newest alternative cryptocurrencies (altcoins), has seen a dramatic rise in value over the past few weeks. However, it appears that the token’s holders may be taking profits on their positions, resulting in a significant drop in value. In this article, we will explore the recent.
Kazakhstan is known for its abundant natural resources, and in recent years, it has become a hub for cryptocurrency mining. The government of Kazakhstan has been taking steps to regulate the mining industry, and according to local media reports, it has collected 3.07 billion tenges (approximately $7 million) in tax.
AUD/USD has been on an upward trend for the sixth consecutive day, hitting a three-week high near 0.6785 during early Monday in Europe. The Aussie pair has been prodding the 100-DMA hurdle, which is inside an upward-sloping trend channel comprising multiple levels marked since March. This article will explore the.
The USD/JPY pair is in focus once again, as it gains some follow-through traction on the first day of the new week. Despite the positive momentum, the spot prices have retreated a few pips from a three-day top and are currently trading around the 135.00 psychological mark during the early.
FUN Token is a popular gaming token that boasts over 350,000 users. It is backed by FreeBitco.in, the largest Bitcoin faucet in the world, which has over 51 million crypto-savvy users. The FUN ecosystem includes a range of products, including games, lotteries, and an innovative multi-asset non-custodial wallet called the.
Introduction The GBP/USD currency pair has seen a significant rally in the early European session, reaching a fresh weekly high of 1.2653. This surge is largely attributed to market speculation that the Bank of England (BoE) is preparing to announce a fresh interest rate hike in its upcoming policy announcement..
Ethereum Foundation’s $30 Million Transfer to Kraken Causes Jitters in the Market On May 6, the Ethereum Foundation, a non-profit organization that supports the development of the Ethereum blockchain, transferred nearly $30 million worth of Ether to the Kraken cryptocurrency exchange. The move has sparked concerns among investors and traders.
Binance, one of the world’s largest cryptocurrency exchanges, has temporarily suspended Bitcoin withdrawals for the second time in recent weeks. The exchange announced on May 8, 2023, that it was closing off BTC withdrawals “temporarily” due to a large backlog of pending transactions. According to Binance, the transactions are still.
Introduction Despite the positive news of 253k non-farm jobs being added to the US economy in April, the US dollar has continued to weaken, raising questions about the vulnerability of the currency. The unemployment rate also dropped to 3.4%, the lowest level since 1969. In this article, we will examine.
The Eurozone Sentix Investor Confidence index fell to -13.1 in May, down from -8.7 in April and below the expected level of -9.2. This decline in investor confidence is a cause for concern, as it suggests that investors are becoming increasingly cautious about the prospects for the Eurozone economy. There.