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

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FX Strategists From Citi Say Euro Could Sink to alt=
afp
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 […]
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Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October

Bitcoin.com
Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October
Bank of England
Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-OctoberAfter the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and start buying long-dated bonds again. Approximately two weeks later, the BOE detailed on Monday that it was doubling the size of its debt buy-backs by […]
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Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bank of England Suspends Tightening Policy as Pound Nosedives — Central Bank to Start Purchasing Long-Dated UK Government Bonds

Bitcoin.com
Bank of England Suspends Tightening Policy as Pound Nosedives — Central Bank to Start Purchasing Long-Dated UK Government Bonds
Bank of England
Bank of England Suspends Tightening Policy as Pound Nosedives — Central Bank to Start Purchasing Long-Dated UK Government BondsFollowing the extremely volatile European markets during the past few days and the euro and pound dropping rapidly against the U.S. dollar, the Bank of England has decided to intervene in bond markets. U.K. government bond yields have been erratic and the pound sterling also dropped to a lifetime low against the greenback. On Wednesday, […]
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Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike

Bitcoin.com
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike
50bps
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate HikeThe world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal U.S. dollars per unit, but rebounded against the greenback to 1.0775 by 11 a.m. Monday morning. Pound Sinks Against Greenback […]
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Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

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

Bitcoin.com
Euro Taps a alt=
1% drop
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 […]
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Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

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