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Currencies

Markets remain on edge, await US tariff announcements

Here is what you need to know on Tuesday, April 1:Markets cling to a cautious stance on the first day of April as they await reciprocal tariff decisions from the US, which are expected to be announced at 19:00 GMT on Wednesday. In the European session, March inflation data from the Euro area will be watched closely and the US economic calendar will feature JOLTS Job Openings data for February and ISM Manufacturing Purchasing Managers Index (PMI) report for March. US Dollar PRICE Last 7 days The table below shows...
Investing in Currencies

Here’s how smart investors evaluate their cryptocurrency investments

Alex Carchidi  |  The Motley FoolCrypto Weekly: Family fortunes and GameStop's pivotGameStop's crypto pivot GameStop shares were back in action as the company's move to hoard bitcoin brought retail investors back to the meme stock.Investing in cryptocurrencies is a distinct but related discipline to investing in stocks and other financial instruments. Though it's fully possible to apply most of the same principles you use for thinking about your stocks to your cryptos — like, for example, comparing your coin's performance to the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) or...
Investing in Currencies

Here’s how smart investors evaluate their cryptocurrency investments

Alex Carchidi  |  The Motley FoolCrypto Weekly: Family fortunes and GameStop's pivotGameStop's crypto pivot GameStop shares were back in action as the company's move to hoard bitcoin brought retail investors back to the meme stock.Investing in cryptocurrencies is a distinct but related discipline to investing in stocks and other financial instruments. Though it's fully possible to apply most of the same principles you use for thinking about your stocks to your cryptos — like, for example, comparing your coin's performance to the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) or...
Investing in Currencies

Here’s how smart investors evaluate their cryptocurrency investments

Alex Carchidi  |  The Motley FoolCrypto Weekly: Family fortunes and GameStop's pivotGameStop's crypto pivot GameStop shares were back in action as the company's move to hoard bitcoin brought retail investors back to the meme stock.Investing in cryptocurrencies is a distinct but related discipline to investing in stocks and other financial instruments. Though it's fully possible to apply most of the same principles you use for thinking about your stocks to your cryptos — like, for example, comparing your coin's performance to the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) or...
Investing in Currencies

Here’s how smart investors evaluate their cryptocurrency investments

Alex Carchidi  |  The Motley FoolCrypto Weekly: Family fortunes and GameStop's pivotGameStop's crypto pivot GameStop shares were back in action as the company's move to hoard bitcoin brought retail investors back to the meme stock.Investing in cryptocurrencies is a distinct but related discipline to investing in stocks and other financial instruments. Though it's fully possible to apply most of the same principles you use for thinking about your stocks to your cryptos — like, for example, comparing your coin's performance to the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) or...
Investing in Currencies

Here’s how smart investors evaluate their cryptocurrency investments

Alex Carchidi  |  The Motley FoolCrypto Weekly: Family fortunes and GameStop's pivotGameStop's crypto pivot GameStop shares were back in action as the company's move to hoard bitcoin brought retail investors back to the meme stock.Investing in cryptocurrencies is a distinct but related discipline to investing in stocks and other financial instruments. Though it's fully possible to apply most of the same principles you use for thinking about your stocks to your cryptos — like, for example, comparing your coin's performance to the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) or...
Currencies

King Dollar Rocked by Trump’s Assault on World Economic Order

(Bloomberg) — As US stock prices tumbled this month, John Sidawi, a fund manager at Federated Hermes, noticed something strange. Most Read from Bloomberg The dollar, long a go-to hiding place during market selloffs, wasn’t rallying this time as investors rushed for safety. It was sinking, too, and fast as hot money poured into gold, the yen, European stocks — almost anywhere but the US. “It’s unusual and very telling,” said Sidawi, who helps oversee bond investments at the firm. “The dollar, in an environment where it should be acting...
Currencies

March PMI data to kick start the week

Here is what you need to know on Monday, March 24: After outperforming its rivals for three consecutive days, the US Dollar (USD) struggles to find demand at the beginning of the week. Later in the day, S&P Global will publish preliminary Manufacturing and Services Purchasing Managers Index (PMI) data for Germany, the Eurozone, the UK and the US.  US Dollar PRICE Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Australian Dollar.   USD...
Currencies

Dubai on track to adopt digital currencies

Dubai is on the right track by adopting the digital currencies as the increasing number of firms taking benefits of simplifies global trade through digital coins. The recent approval of Circle Internet Group's USD Coin (USDC) and Euro Coin (EURC) as recognized crypto tokens in the Dubai International Financial Centre (DIFC) is a step ahead. This was stated by Lluis Mas, Chairman of Belobaba while talking to media in Dubai and added that “Dubai’s reputation as a global leader in blockchain and fintech adoption is strengthen as over 6,000 firms...
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...
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