March 31 2023 🕓 4 min
BRICS to create their own currency – get ready for a new age
BRICS is developing a new currency. August's summit may bring a turning point, as several nations want to decrease their reliance on the US dollar.
Tag: currency
February 2 2023 🕓 2 min
Lebanon devalues Lira by 90% – why did it take such a drastic step?
Lebanon has been in a financial crisis for many years and decided to step in. Whether this step will be sufficient is questionable.
April 15 2022 🕓 2 min
The Bank of Japan is clear about its strategy
The monetary policy of the Bank of Japan is aimed at achieving the 2% inflation target, not at manipulating exchange rates.
April 7 2022 🕓 3 min
EUR/AUD stays near 5-yr lows
It looks like the recent downtrend in the EUR/AUD cross might be over soon.
March 28 2022 🕓 2 min
Rio De Janeiro as a Bitcoin hub?
Rio De Janeiro will become the next major city to accept cryptocurrencies as a form of payment for city fees. This will happen in 2023.
March 27 2022 🕓 6 min
How safe are the fiat currencies in terms of stability?
In the world of cryptocurrencies, we quite often encounter a situation where people try to compare them with the standard national currencies of countries.
March 25 2022 🕓 2 min
Will Russian gas save the ruble?
Russian gas is the topic of recent weeks. It is undoubtedly a major tool for Russia to influence the world around it.
February 28 2022 🕓 3 min
Statistical, technical & behavioral analysis of US Dollar
The current uncertainties in the geopolitical area could play an important role in the further development of the US dollar.
September 14 2021 🕓 5 min
El Salvador has adopted Bitcoin as the country’s official currency
The Salvadoran government became the first to recognize Bitcoin as legal tender at the same level as the dollar. What´s next?
August 17 2021 🕓 3 min
EUR/GBP catching some bullish momentum after UK data
The EUR/GBP cross was up nearly half a percent on Tuesday and was trading at around 0.8535 at the time of writing in what appears to be a start of a new bullish wave.
March 4 2021 🕓 8 min
Major currency pairs in Forex trading
Exchange rates on the foreign exchange market are constantly being taken from currency pairs. Not all currencies in the world are traded worldwide, there are several countries whose currencies are traded more. These are countries that are both politically and economically stable. Currency pairs are almost the same amount as Forex in the world, but only a few are called major currency pairs.