Category: fxpro

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Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement

December 16, 2021

Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset purchases) and end the program by March 2022. Moreover, the FOMC…
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Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant

November 26, 2021

During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets lost more than $22 billion in value as the leading digital currencies in the top 20 standings lost anywhere between 6% to 20%. Global Markets…
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