Currencies

Currencies

Euro closes in on key support level

EUR/USD stays under bearish pressure after snapping a three-day winning streak on Wednesday. The pair could push lower if 1.0830 support fails. The Federal Reserve left the policy rate unchanged at 4.25%-4.5% as expected. EUR/USD struggles to find a foothold and declines toward 1.0850 in the European session on Thursday, after snapping a three-day winning streak on Wednesday. The pair's technical outlook points to a bearish tilt in the near term. Euro PRICE Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro...
Currencies

Ethereum, Solana & Ripple – Asian Wrap 20 March

Ethereum (ETH) traded above $2,020 on Wednesday following an announcement from the Ethereum Foundation (EF) that it will discontinue the Holesky testnet on September 30. Solana price surged 12% on Wednesday, hitting $136 as traders positioned for the futures ETF launch, and rising spot ETF approval odds. Deritvatives trading signals suggest the SOL price rally could advance further. Crypto derivatives exchange Bitnomial announced on Wednesday the launch of its new Commodities Futures Trading Commission (CFTC)-regulated XRP futures products. The announcement follows the company dropping its lawsuit against the Securities and Exchange Commission...
Currencies

10 worthless currencies in 2025 – Two African countries are on this list

A weak currency is one that has a low or declining value compared to other global currencies.When a currency weakens, it can significantly impact a country’s economy, leading to higher import costs, reduced purchasing power, and financial instability for businesses and citizens alike.ALSO READ: See the 5 most 'useless' countries in the WorldThis weakness can result from various factors, including economic mismanagement, soaring inflation, political instability, trade imbalances, and external economic shocks such as global recessions or sanctions.In 2025, these are the 10 weakest currencies in the world:1. Lebanese PoundLebanon...
Currencies

4 key reasons the Aussie Dollar could rise – Chris Watling

The market regime switched to ‘risk off’ in late February and early March (especially in the US). Currencies were caught up in that, as the dollar rallied. In particular, among the G10 currencies, the US dollar was particularly strong against the CAD; AUD; & the NZD. By early March, therefore, those currencies had given back all their YTD gains, with the Aussie dollar briefly dipping below its 50 day moving average (FIG B). Since then the AUD has started to rally, and is attractive for 4 key reasons: 1. The...
Currencies

Asia hours surge complicates FX options market-making

Asia hours surge complicates FX options market-making - Risk.net End of drawer navigation content Skip to main content Late tariff announcements in US trigger hedging headaches during less-liquid Asia sessions Since the start of Donald Trump’s second US presidency, many of his tariff-related social media posts have tended to appear late New York time.This piles extra pressure on the Asia trading session when G10 currencies are less liquid and creates risk management challenges for foreign exchange options market-makers.Barry McCarthy, head of FX derivatives trading for North America at Deutsche Bank,...
Currencies

How Small Businesses Can Accept Bitcoin and Crypto Payments

Key takeawaysAccepting crypto payments reduces transaction fees, eliminates chargebacks, and enables seamless global transactions.Businesses of all sizes, from e-commerce to real estate, are integrating cryptocurrency payments to attract new customers.Risks like price volatility and regulatory compliance can be managed with trusted payment processors like BitPay, CoinsPaid and Coinbase Commerce.Setting up crypto payments is easier than ever, with zero upfront costs and user-friendly integration options for small businesses.The rapid adoption of cryptocurrencies has led businesses of all sizes to increasingly embrace digital currencies like Bitcoin as a legitimate payment method.And it’s...
Currencies

Policymakers need to balance upward strain of rising prices due to tariffs, currency depreciation: RBI Bulletin

The Reserve Bank of India has said that the policymakers are now walking a tightrope, having to balance the upward strain of rising prices on account of tariffs and currency depreciation, as well as the downward pressure on inflation from economic slowdown, according to its bulletin. "Policymakers are now walking a tightrope, having to balance the upward strain of rising prices on account of tariffs and currency depreciation, as well as the downward pressure on inflation from economic slowdown," according to the document. Indian economy continues to demonstrate resilience as...
Currencies

Price of Silver Today | Current Price of Silver

In this compelling conversation with Tom Bodrovics of Palisades Gold, VON GREYERZ partner, Matthew Piepenburg, bluntly dissects the empirical realities from the main stream fantasies regarding the risk-asset and economic narratives making the current headlines. He touches upon risk asset facts, the deep implications of debt-to-GDP levels globally, the real rather than sensational consequences of ongoing de-dollarization and the now undeniable fact that gold is replacing the UST as a global reserve asset.The conversation opens with a candid assessment of the common denominator (and common sense) reality of unsustainable debt...
Currencies

Major Currencies Tumble Amid Rising Dollar

Global currencies experienced significant declines on Wednesday as the U.S. dollar soared, spurred by the detention of President Erdogan's main political opponent in Turkey. This geopolitical move unsettled investors and sent the Turkish lira to unprecedented lows, prompting a noticeable shift towards safer assets.The ensuing drop in Turkey's lira reverberated through financial markets, impacting major currencies and spurring capital flows into the dollar. The euro, yen, and other currencies saw declines, while investors kept a close eye on the Federal Reserve's impending decision regarding interest rates.Market analysts, including Michael...
Currencies

Donald Trump’s crypto gamble – Perspectives

As the U.S. government formalises its involvement in the crypto industry, the future of digital currencies appears increasingly intertwined with national economic strategies. In a stunning reversal that has sent shockwaves through financial markets worldwide, President Donald Trump has transformed from calling crypto a ‘scam’ to championing with his breathtaking establishment of America’s “Digital Fort Knox” – a mammoth strategic reserve of over 200,000 seized Bitcoin worth an $17 billion. This move raises critical questions about the future of crypto worldwide, particularly for developing economies that are still lagging behind...
1 222 223 224 225 226 250
Page 224 of 250