The Merge, otherwise known as Ethereum 2.0, is an upgrade that will fundamentally alter how the native tokens are created and operations on the Blockchain take place, will…
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ForexNews
While the Dollar takes a Dive, The Hawkish ECB Boosts the Euro
by Bleta Musaby Bleta MusaThe euro increased to $1.0198 by a stunning 1.5%, its greatest level since August 17, and far higher than the 2-decade low of $0.9862 seen the week before. …
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By market value, Bitcoin (BTC), the most valuable cryptocurrency, increased by over 9% to a two-week high of $21,254. The rise of the daily percentage would be the…
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The Dollar Index (DXY), which previously reached 110.79, a 2-decade high, changed hands at 1.1% down to 108.585, pointing toward a 0.6% weekly decline. The perception of the…
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However, investors remained fearful of more declines in the Asian markets due to Jerome Powell’s hawkish remarks, which came amid increased predictions of more interest rate increases by…
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ForexNews
Rumors of an Intervention from the BOJ Spike as Yen is Overshadowed by the Greenback
by Bleta Musaby Bleta MusaFollowing a fresh 20-year high of 110.680, the Dollar Index (DXY) traded at 110.450, climbing by 0.2%. Additional positive US economic statistics, including an unanticipated acceleration of activity…
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ForexNews
The Russian Rouble Declines as Putin Speaks at a Symposium in Eastern Russia
by Bleta Musaby Bleta MusaAddressing the Eastern Economic Forum of Russia in Vladivostok, Putin claimed that the West’s initiatives were damaging the world economy while Asia was rising to take control of…
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ForexNews
While the Euro Continues to Regress from Par, the Dollar Increases
by Bleta Musaby Bleta MusaThe Institute for Supply Management reported that its non-manufacturing PMI crept up to a score of 56.9 in August from 56.7 in two months, the second straight monthly…
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The dollar increased 1.05% to 142.1 JPY, reaching this mark for the first time in 24 years. On September 6, when the yen hit a new low, Shunichi…
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In relation to the dollar, the yuan dropped to as far as 6.9390, its lowest point since 2020, by 0.6%. After several COVID breakouts in the region, the…