Ad Central Bank Digital Currencies (CBDCs) are similar to decentralized cryptocurrencies such as Bitcoin, except they centralize power and influence to a single entity...
The Australian dollar plummeted by 1% to $0.6660 today. The currency hit its lowest level since late December. Australia’s central bank hiked its cash...
Risk sentiment improved across the forex markets on Thursday. As a result, most currencies rallied against the U.S. dollar. The euro jumped by 0.43%...
Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were...
On Wednesday, the Russian Central Bank announced that the country would start a pilot project with a ‘digital’ rouble from April 2023. It added that the...
Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York. This week they discuss how financial markets reacted to the War in Ukraine, what does the latest nonfarm payroll report does to Fed rate hike expectations, and recapped what happened with energy markets. They also […]