Gold prices are on the rise and remain close to their highest level in eight months, buoyed by dollar weakness and hopes of slowing the pace of US interest rate hikes. The instability of the dollar’s price supports the increase in the price of gold Gold prices rallied on Tuesday and remained close to their … Read more
After the US Federal Reserve raised interest rates, the dollar gained and gold prices fell, while oil prices remained stable. The US dollar is making big gains today The US dollar posted significant gains today, Thursday, after the US Federal Reserve raised interest rates by half a percentage point, in line with most expectations, while … Read more
“We have seen an increase in withdrawals at USDC,” Chinese-Canadian Changpeng Zhao wrote on Twitter. Stablecoin USDC belongs to the so-called conventional stablecoins, which are backed by real and highly liquid equivalents of cash or dollars. On USDC, we have seen an increase in withdrawals. However, the channel to trade from PAX/BUSD to USDC requires … Read more
Normal December 9, 2022 3.20pm reading Two minutes The dollar stabilized against major currencies on Friday as worries about the performance of the US economy returned, and ahead of the release of producer price index data later in the day and the Federal Reserve meeting on decide on interest rates next week.Investors are eagerly awaiting … Read more
The US dollar is on track for weekly gains following statements from Federal Reserve officials and retail sales data and signs of easing inflation. The US dollar is on track for weekly gains, following statements from Federal Reserve officials The US dollar is heading for its best week in a month on Friday as statements … Read more
A Treasury manager from the Bank of Ayudhya revealed that the baht closed at 37.97 baht / dollar this evening, depreciating from 37.85 baht / dollar in the morning. During the day, the baht moved within the range 37.76-38.02 baht / dollar. Today the baht depreciates and many currencies in the region have depreciated greatly … Read more
sequentially The assault on Lebanese banks And the holding of hostages within it occupies a large space in the country’s economic landscape, which imposes restrictions on the withdrawal of depositors of their savings and the recovery plan announced by the government earlier. In the latest developments, local media reported that Lebanese citizens stormed a commercial … Read more
