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Gold pared recent losses to $1,780 on Tuesday morning as sellers stepped up activity in Europe. However, market concerns about economic prospects in the United States, Europe and China appear to be keeping commodity buyers optimistic. Soft US and Chinese data releases and low Treasury prices reflect economic concerns, not to mention the Sino-American conflict. … Read more
Disclaimer: The text below is not a press release. Cryptonews.com Editing content. Great news for Zoomex in terms of new partnerships. Recently, Zoomex has partnered with Villarreal CF, where they reached an agreement for a cryptocurrency trading platform to be the official Crypto exchange partner for the rest of the season. In other words, the … Read more
Dear editor Small economies need income from tourists, exports, and other foreign exchange to purchase imported goods, while individuals seek salaried jobs to purchase household goods. In a subsistence economy, each family or group must rely on its own resources to protect itself; The quality of life is poor. Families whose members find employment that … Read more
Disclaimer: The text below is non-advertising text. Cryptonews.com Editing content. Cryptocurrency markets that offer positive trends continue to provide investors with long-term profit-making buying opportunities. This buying window, which has been reviewed by many, including big investors, has fueled the appreciation of the altcoin. The coin market, which recently showed signs of a bull rally, … Read more
Yesterday’s shopping package Yesterday was one of those summer days, liquidity is thin and volatility is very low. It was a quiet day overall, with the economic calendar fairly light, except for preliminary unit labor costs for Q2, which were very high. We’ve seen some bearish action on crude oil as uncertainty surrounding Iran’s exports … Read more
Forex Kenya’s foreign exchange reserves fell to record lows this week, leaving the shilling at its lowest level against major global currencies, the central bank said in its weekly financial market report on Friday evening. Apex Bank stated that the reserves recorded a low of 7.72 billion dollars from last week’s 7.74 billion dollars. The … Read more
Arthur Hayes. Source: Image Display Ex BitMEX CEO Arthur Hayes apologized for calling Ethereum (ETH) a shitcoin and argued that the merger was “overwhelming” for ETH’s value. In his latest essay, Hayes looks back at his previous statements about Ethereum, and is also excited to discuss the upcoming, long-awaited and much-anticipated merger as Ethereum changes … Read more
Despite being the first of the major central banks to tighten policy, the rate hike by the BOE was felt to be too weak as inflation continued to spread throughout the UK economy. To be fair, monetary policy is not putting the brakes on inflation as much as we, or policymakers for that matter, expected. … Read more
Singapore, Aug 1, 2010 (FBC) – Asia’s foreign exchange reserves posted their biggest six-month decline in years, signaling policymakers’ determination to protect currencies from persistent downward pressure from a stronger US dollar. In the first half of 2022, total reserves fell by $372 billion, or 6.2 percent. In the six months to January 2016, it … Read more
An Irishman is in danger of losing his farm. An American with suicidal thoughts. 84-year-old widow loses life savings: People caught up in crypto lender Celsius’ meltdown are begging for their money back. Hundreds of letters have been submitted to the judge overseeing the company’s multibillion-dollar bankruptcy and are heavy with anger, shame, despair and … Read more