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FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues

FX Strategists From Citi Say Euro Could Sink to alt=While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists from Citi argue that the […]

Another Parabolic Rally on the Way for Dogecoin if History Repeats, Says Crypto Strategist – Here’s His Outlook

Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar

Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US DollarFollowing the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week, the Hong Kong Monetary Authority (HKMA) revealed it intervened in forex markets on Wednesday. Hong Kong’s central bank detailed that it interfered in forex markets […]

Another Parabolic Rally on the Way for Dogecoin if History Repeats, Says Crypto Strategist – Here’s His Outlook

Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’

Euro Taps a alt=On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six […]

Another Parabolic Rally on the Way for Dogecoin if History Repeats, Says Crypto Strategist – Here’s His Outlook

Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels

Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War LevelsAmid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to protect the nation’s currency as the Bank of Russia revealed a fixed price for gold and rubles. Furthermore, after pegging the fiat currency to gold, […]

Another Parabolic Rally on the Way for Dogecoin if History Repeats, Says Crypto Strategist – Here’s His Outlook