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Economist Predicts the Fed’s Response to Inflation Will Push Crypto Higher


Allianz Chief Economic Advisor Mohamed El-Erian says that the Federal Reserve’s response to inflation will cause the prices of cryptocurrencies, like bitcoin, to “go higher.” He noted: “That’s what you get when you’ve waited too long to recognize what...

Asia-Pacific Market Rally Expected to Push the Australian Dollar


The overnight fluctuations on the Australian dollar seem to put things into perspective for investors. The AUD/USD pair has seen a significant hike that brought the currency to the $0.75 level. The Aussie currency continues the streak following an emerging bullish sentiment for Asian stocks....

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