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Forex Launches on Blockchain as Pendulum Deploys Its Parachain
Date: February 27, 2023
Berlin, Germany, 27th February, 2023, Chainwire Forex-focused layer 1 blockchain Pendulum has announced the successful mainnet launch of its Polkadot parachain. As a result, the Pendulum chain is now connected to the Polkadot ecosystem, allowing businesses & fintechs to enter the world of decentralized finance. The move ushers in a new era for Forex, bringing...
Dollar Edges Down From Six-Week Peak, Swedish Crown Jumps
Date: February 20, 2023
By Samuel Indyk LONDON (Reuters) – The dollar edged lower on Monday but kept close to Friday’s six-week high, after a flurry of economic data reinforced market expectations of tighter monetary policy from the Federal Reserve. The U.S. dollar index, which measures the dollar against six other major currencies, slipped 0.2% to 103.81. It is...
Dollar Advances as Strong U.S. Data Backs Higher Rates Backdrop
Date: February 17, 2023
By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on Thursday, bolstered by stronger-than-expected producer prices and falling jobless claims, hinting that the Federal Reserve would have to maintain its inflation-fighting interest rate hikes for longer. Earlier, the dollar index hit six-week highs, rising...
Dollar Hits Six-Week High vs Yen, Rallies From Two-Week Low After U.S. Inflation Data
Date: February 14, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a six-week high against the yen and climbed from a roughly two-week low against a basket of major currencies on Tuesday as data for January showing the smallest annual increase in U.S. consumer prices since October 2021 did not alter market expectations that interest...
Sterling Gains After Strong Jobs Data Add to Pressure on BOE
Date: February 14, 2023
LONDON (Reuters) – The pound rose against the dollar and euro on Tuesday after data showed British wages rose quicker than expected in the last three months of 2022, adding to pressure on the Bank of England to continue to raise rates to bring down inflation. The morning moves are vulnerable to being swamped however,...
Pega Pool Announces the Official Launch of Its Eco-Friendly Bitcoin Mining Pool
Date: February 14, 2023
It is paving the way for a sustainable and eco-friendly crypto mining industry whilst giving miners a more consistent and attractive income Swanage, UK, February 14, 2023 – UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable...