According to the dollar smile theory, the USD decline is just a correction Unlike the past recessions, the current downturn doesn’t result from the unwillingness of consumers and companies to spend. They simply can’t spend. It is rather like a hurricane that hits a particular territory and seriously harms the region’s economy. The economy follows [
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Pound is led by Dollar
As dollar makes a stronger influence on Forex, the GBP/USD follows the news from the USA All unhappy countries are alike, each happy country is happy in its own way. The coronavirus and the associated recession have set the states in an equal position. Almost all countries expect a substantial drop in the GDP rate, […]
Binance Loans Starts with Interest Discount for Early Borrowers
All Binance registered users are eligible to borrow on its loans that cover several cryptos, including BUSD and USDT.
Adoption of Algo Trading Stalls in FX Markets, Greenwich Survey
Only 37 percent of buy-side FX traders use algorithmic trading, which accounts for 22% of their overall volumes.
Refinitiv Appoints Charles Smith as Head of Digital Wealth Management Solutions
He brings extensive industry experience to his new position
Monex Activist Fund Starts Operations
The retail investor fund aims at pressuring firms to boost returns following calls from foreign activists
MOEX to Remove Connectivity Charges for New Terminals
The fees will be removed from the 1st of April 2020 until the 1st of June 2020.
JPX Outlines COVID-19 Action Plan Amid Market Volatility
JPX will establish a Business Continuity Emergency Headquarters headed by its CEO.
Mt. Gox Rehabilitation Plan Again Pushed by 3 Months
Meanwhile, investment companies stepped in to buy claims from the creditors.
Is Now the Time for a Digital Dollar?
A leaked draft of the US's economic stimulus bill mentioned the creation of a 'Digital Dollar'. Is now the right time?