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Many investors treated gold as a protection against inflation. However, last week, gold lost its major support and dropped despite rising inflation. Why did it act like this?
First, "ETH merge" Google requests are on the rise. At the same time, "buy ETH" requests are at their two-year lows, which is quite a negative factor ahead of the vast update. The community either doesn’t believe in the success, or they are following the "buy the rumors – sell the news" rule and waiting for the massive dump after the merge.
The deafening news shocked the whole world yesterday: the British Queen Elizabeth II died peacefully at the age of 96…
Over the past year, the yen has been moving lower against the dollar mainly because of the overall USD strength. But there’s more behind the weakness of the JPY. How low could the currency go, and what drives USDJPY?
The EU plans to intervene in markets directly to curb rising energy costs, threatening to push the Euro area's economy into a deep recession.
The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.
What happened? Warren Buffett, the American businessman and philanthropist, has put most of Berkshire Hathaway’s cash in short-term United States Treasury bills since they offer as much as 3…
Despite a slight decline from its highest levels since 2002, around 109 range, it is just a correction, and the green king, the US dollar, will resume its rally…
The highest inflation in the UK doesn’t leave a chance for their currency to feel good.
Who will save the global economy if the main engine of global economic growth, China, is slowing down?
If you follow the crypto market, you know that the big updates in major blockchains may cause big buzz and add volatility to the prices of crypto. And this time we will focus on one of them.
US oil exports reached a record last week at five million barrels a day, according to Energy Information Administration data…
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