The Euro vs. the Australian Dollar. This pair is considered to be a great barometer for global risk. In 2012, during the European sovereign debt crisis the EURAUD reached its low. Since then, due to the European Central Bank’s policy of Outright Monetary Transactions (OTM or the “whatever it takes” measure ) the pair has recovered substantially.
USD CAD (US Dollar / Canadian Dollar) The US Dollar vs. the Canadian Dollar is a very popular currency pair due to the extremely large amount of cross border trading that occurs between the U.S. and Canada. The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern...
* Wall Street supported by rise in cyclical stocks * Longer-term yields climb, 30-year TIPS yield goes positive * Gold hits a seven-month low, oil prices slip * Bitcoin hits $1 trillion market cap (Updates to close of U.S. trading) By Saqib Iqbal Ahmed A gauge of global equity markets snapped a three-day losing streak to inch higher on Friday as investors...
The Motley Fool has announced a $5 million investment into bitcoin as part of a long-hold plan to gain a 10x return on its investment over the next 15 years. As the fifth-largest investment website globally, with over 45 million unique visitors in January alone, The Motley Fool’s positive outlook for the future of bitcoin is another data point in the coin’s...