May 3 2022 🕓 2 min
Cryptocurrency adoption in Argentina is getting bigger
Banco Galicia, Argentina's largest private bank, confirmed a new investment opportunity. It will offer to buy and sell cryptocurrencies.
Tag: Inflation
April 26 2022 🕓 3 min
FTSE falls toward 200-day average amid inflation pressures
The FTSE 100 index struggles to stay in the 7,600GBP region, likely leading to another leg lower over the following days.
April 22 2022 🕓 2 min
IMF and WB warns againg problems in poor countries
The heads of the IMF and the WB warned today that rising interest rates are weighing most heavily on the world's poorest countries.
April 20 2022 🕓 3 min
USD/CAD drops 1% after Canadian CPI
The Canadian dollar capitalized on rising inflation, advancing against its US rival.
April 14 2022 🕓 3 min
USD/CAD drops after Bank of Canada Decision
The Bank of Canada delivered a 50 bps rate hike, but it remained hawkish, so more rate increases are coming.
April 13 2022 🕓 3 min
NZD/USD drops post-RBNZ decision
In a rather volatile trading session, the Kiwi declined sharply, despite a 50 bps rate hike by the central bank.
April 12 2022 🕓 3 min
EUR/GBP consolidates on data-heavy day
This morning, the UK's unemployment rate improved to 3.8% in the three months to February, from 3.9% previously.
April 7 2022 🕓 2 min
The Fed plans to reduce its balance sheet
At its last meeting, the US Fed indicated it would reduce its massive bond holdings by a maximum of $95 billion a month.
April 6 2022 🕓 3 min
SP500 falls to 200-day average as yields jump
Tuesday brought strong selling pressure to stocks, which continued on Wednesday, pushing US benchmarks lower.
April 5 2022 🕓 3 min
AUD/USD at 9-Mth highs after RBA decision
Earlier today, the RBA kept monetary policy unchanged, as expected, and noted that inflation has picked up.
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 🕓 3 min
FTSE index eyes 7,500 GBP following UK macro data
This week's UK inflation data for February showed that inflation rose to the highest reading since March 1992.