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US Job Data Boosts Dollar’s Rebound, Causes Euro to Dip


The week started with the US data jobs hitting the market. As expected, the release affected the market, boosting the US dollar’s rebound and the euro’s fall. The primary reason behind the outcome lies in traders’ belief that the data could lead to quick rate hikes from the Fed....

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KuCoin Expands Euro Operations By Integrating SEPA Support


  Seychelles-based crypto exchange KuCoin has integrated Single Euro Payments Area (SEPA) support into its operations, making it easier for its Europe-based users to fund their exchange accounts and deposit up to EUR 1m (USD 1.1m) in a single transaction.... Read More: KuCoin Expands Euro...

Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates


The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason...

Forex Today: Euro, Havens Strong Amid Risk Aversion


The euro was the standout performer on a largely facing risk that particular day which ordinarily favor conventional FX safe havens such the USD as well as JPY. After rebounding a supporting tool in the form of recent lows, the EUR/USD gained 0.4 percent but was unable to hold above the 1.1300...

Crypto Exchange Bitstamp Lists Shiba Inu as SHIB Adoption Grows


Another major cryptocurrency exchange, Bitstamp, has listed shiba inu cryptocurrency. Bitstamp users will be able to trade SHIB against the U.S. dollar and the euro. The announcement came as more trading platforms are listing shiba inu and more stores are accepting the meme crypto for payments....

ECB Paper Marks Success Factors for CBDCs, Digital Euro


A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that such projects entail, like the danger of crowding...

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