Crypto.com, Standard Chartered partner for global fiat services
Crypto.com partners with Standard Chartered Bank to provide fiat currency services in over 90 countries, starting in the UAE. Go to Source
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Crypto exchange Binance restores euro services after new fiat partners
Euro payments, deposits, and withdrawals are back on for European Binance users months after the severance of services by PaySafe. Go to Source
Stocks fall, yields rise as inflation data comes in hotter than expected
The stock market declined on October 12 as the US BLS released new data showing prices rose faster than expected. Go to Source
US stocks rise as traders wait for inflation data
All US stock indices rose on October 11, as traders awaited consumer price index data to be released on the 12th. Go to Source
US Stocks rise for third straight day as bond yields fall
Treasury yields declined, giving stock market bulls new momentum. Go to Source
US Stocks Overcome Early Decline Amid Israeli-Gaza Tensions to Close Higher
The Dow and S&P 500 fell early in the day, but rebounded to end the day positive. Go to Source
Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday
Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market capitalization has swelled to $546 billion. Global Cryptocurrency … Read more
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since March 2020, according to … Read more
Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20-Year High
Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against the USD last Tuesday. This week, the official currency for 19 of the European Union’s member states reached parity against the U.S. dollar for the first time in 20 years. Euro Hits Parity Against the … Read more
Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent
The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and analysts believe that the risk of “parity is just a matter of time now.” … Read more
