Following the sudden ouster of the central-bank governor last week, Turkey’s currency fell nearly 8% on Monday, setting the course for its biggest single-day selloff since 2018. According to Factset, the lira touched a low of 2 8,280 compared to 2 7,219. Turkish stock also sank. The uproar erupted after …
Read More »Bitcoin (BTC) could hit 300,000 but bubble will burst after peak: Bobby Lee
According to Bobby Lee, co-founder and former CEO of crypto exchange BTCC, Bitcoin could reach a high of $ 300,000 in the current bull market based on its historical historical pattern. However, he warned that the bubble would burst after picking and cryptocurrency would see a decline over the years. …
Read More »Sterling is nearing the peak of 2020 as investors expect Brexit success
LONDON – The British pound hit a 31-month low on Thursday as investors rallied against the U.S. dollar. And the long-awaited Brexit trade deal by the European Union will bet. Sterling rose 0.8% to close at 35 1.3593 after hitting a previous session of 3 1.3616. Earlier this month, the …
Read More »Sterling drops increasing risk in the risk of a deal
On December 6, 2020, Northern Ireland passes through a lorry security at Lar R Lane, a port in Antarctica. Paul Faith | AFP | Getty Images London – U.S. Sterling extended losses against the dollar on Monday, amid fears the UK and EU negotiators could fail to reach a deal …
Read More »JD.com accepts currency so China has given digital yuan in trial
A man counts 100 RMB notes with a Chinese flag in the background. Sheldon Cooper | Sopa Images | Lightrocket by Getty Images GUANGZHOU, China – Chinese e-commerce company JD.com says it has become the country’s first online online platform to adopt digital currency. The announcement on Saturday comes as …
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