President Donald Trump defended himself at Thursday’s news conference as he raised more questions after telling renowned journalist Bob Woodward months ago that he was downplaying the coronavirus. “I’m not lying. I’m saying ‘We have to be calm. We...
The U.S. Internal Revenue Service (IRS) has offered a bounty of up to $625,000 to anyone who can crack allegedly untraceable privacy currencies such as Monero (XMR) and track transactions on the Bitcoin (BTC) lightning network. The official proposa...
NZD/USD Analysis. Monetary policy conundrum adds uncertainty ahead of September RBNZ meeting. NZD/USD Rejected at the key weekly level around 0.6785. Signs of NZDUSD weakness. macd, RSI and bearish engulfment. IG client sentiment :Recent dovishness...
MasterCard on Wednesday announced the release of a proprietary tool for central banks that want to test their Central Bank Digital Currency, or CBDC. A report by the Bank for International Settlements noted that more than 70 percent of central bank...
U.K.-based pharmaceutical giant AstraZeneca said Tuesday it will suspend clinical trials of a coronavirus vaccine it developed with Oxford University after a British subject fell ill. The decision will affect the company’s just-started so-called Ph...
EUR/USD traded directionless above the 1.18 handle on Tuesday. Next up will be EMU’s flash Q2 GDP data and employment changes. After the holiday on Monday, the US markets will resume normal activity. The single currency trades cautiously and holds....
Demand for DeFi appears to be growing in China, although the recent sell-off quickly wiped out the $2 billion total value locked up in the decentralized finance (DeFi) space. Daily searches for “DeFi” on WeChat, China’s popular social media platfor...
Bite the bullet. angela weiss/Agence France-Presse/Getty Images. This week could be good for U.S. investors as post-Labor Day trading points to a tough ride for tech stocks, with some fearing last week’s mini-meltdown is the start of something bigg...
Amid weakening market sentiment, the US dollar was hit by rising volatility; dollar price action awaits non-farm payrolls. Worsening risk appetite boosts dollar, dollar price strengthens The dollar is trying to turn up, and the S&P 500 VIX. sur...
On Sept. 3, the Bitcoin (BTC) price, the S&P 500 and gold all fell at the same time. The sentiment around the market remains cautiously negative after the drop. Two factors may have triggered Bitcoin’s sudden drop of more than 8% on the day. Fi...
