In a world of financial uncertainty and market fluctuations, Thailand’s baht currency has found itself caught in a whirlwind of volatility. The Bank of Thailand, which acts as the watchdog of the country’s monetary policy, has stated that the baht is experiencing both ups and downs, in line with the movement of other regional currencies. […]
The dollar is feeling pretty confident these days, thanks to the reassurance of Federal Reserve Chairman Jerome Powell. In his recent testimony before a panel of Congressional lawmakers, Powell pledged to keep the economy strong and tackle inflation head-on. And investors are loving it. Powell made it clear that the Fed is committed to its […]
Despite the digital asset market’s recent stagnancy, Ripple (XRP) is showing some green indexes on Tuesday as the market shows a slight recovery. It’s like we’re finally seeing some light at the end of the tunnel! The XRP price has been stagnant over the past few weeks due to Ripple’s ongoing lawsuit with the SEC, […]
Investors are gearing up for a busy week ahead with the focus primarily on the US labor market and Fed Chair Powell. The global financial markets are hoping for a 25-basis point rate hike in March while the hawks are pushing for a 50-basis point move. Market Outlook for the Dollar ets are hoping for […]
Crypto investors, prepare to hold on tight to your seats because the cryptocurrency market has taken a nosedive! In just one hour, it lost a whopping $50 billion from its market capitalization. We know, we know, that’s a lot of zeroes. But don’t worry; we’ve got all the details on what went wrong. Firstly, the […]
The Pakistani rupee has made a comeback that nobody saw coming! That’s right, after a 6% drop against the US dollar on Thursday, the rupee has bounced back with a 2.38% increase in interbank trading, closing at 278.46 rupees against the dollar. So, what happened? Well, it turns out that the central bank raised its […]
Chainlink has done it again! The decentralized Oracle network has just launched a new developer platform called Chainlink Functions, aimed at bridging the gap between Web 3.0 and traditional cloud software. And, believe us, it’s got us hooked! The new platform enables blockchain developers to connect their decentralized applications (dApps) with any application programming interface […]
It looks like troubles continue to abound with the FTX! Nishad Singh, a co-founder of the collapsed cryptocurrency exchange, has pleaded guilty to multiple US federal fraud and conspiracy charges. This is just the latest twist in the ongoing case against FTX and its co-founder, Sam Bankman-Fried. Singh admitted to making illegal donations to political […]
The Iranian rial has hit rock bottom against the almighty US dollar! Yes, you heard it right. The currency has been on a steady decline, and now it has reached a new low on the unofficial market. What’s causing this downward spiral, you ask? Well, it’s a combination of factors, including Iran’s increasing isolation over […]
