More Banks Testing Blockchain While the ECB Wants to Tame its Competition… Believe it or not, the digital currency race is truly underway across the globe. With recent news of the Cryptocurrency Act of 2020 coming into play next year and China’s anti-dollar digital...
It’s not difficult to figure out why central banks, such as the U.S. Federal Reserve and the European Central Bank (ECB), are less than 100% enthusiastic about cryptocurrencies. Clearly, these central banks perceive the emergence of new, competing currencies based on...
The U.S. dollar (USD) has had a muted rally since its recent low printed during Feb. 2018, following EUR weakness. Keep in mind that the USD Index is a measure of the value of the USD relative to a basket of foreign currencies. The USD goes up when it gains...
The U.S. Dollar index, an indicator that measures the strength of the greenback against a basket of foreign currencies, has gone up 25-percent since July of last year, easily making it one of 2014’s hottest stories. Typically, currency traders transact their...
Welcome to CrushTheStreet.com’s Weekly Market Wrap Up! Our top story for the week is the persistent decline in the Euro currency, which has now fallen to 12 year lows against the U.S. dollar. Subsequently, major European stock markets were lifted as the weaker...