Billions of Bitcoin DISAPPEARED (Is Crypto.com DOOMED?)

There is a “golden elephant in the room,” according to Robert Zoellick, the American who heads the World Bank. As world leaders headed to Seoul for the G-20 summit last week, gold hit a record-high price of $1,400 an ounce, and Zoellick made a surprising proposal. In an opinion piece in the Financial Times, he wrote that “The system should…consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values.”

To earn at forex you must acquire top notch ability to read the market. This is not really difficult particularly with the numerous tools available. You should not, however, be dependent on these tools, sophisticated as they are they are not infallible. They give you adequate assistance in developing analytical skills and that’s about it.

Britain is one of the few founding members of the European Union refusing to accept the euro as a national medium of exchange. Many people in the UK believe that a possible adoption of the euro will affect the local economy and the euro exchange rate will prevent the booming of the British financial sector and other sectors of the economy. Several successive British governments decided not to join the euro, favouring the pound as a national currency, while the debate about the future adoption of the euro still goes on.

In its short 10-year history, the euro promptly managed to become a favourite international currency for governments, which want to tie their national currency to the euro; hence, to take advantage of the stable euro exchange rate. More that a dozen countries outside the European Union have their currencies pegged to the euro and enjoy financial stability in terms of predictable exchange rate fluctuations while the euro provides shelter against unexpected drops of their national currencies. Bulgaria, Estonia and Lithuania are among the EU member states, which have not adopted the euro, but their currencies are pegged to the…

The euro recently celebrated its tenth birthday and many analysts decided they are obliged to raise once again an old dispute about the correctness of the euro exchange rate against other major world currencies. Even high-ranking officials from the International Monetary Fund insisted that the euro is overvalued, while the finance ministers of the 16 states in the Eurozone stated that they believe the euro exchange rate is too high. Debates about the value of a particular currency are characteristic part of a global game related to the exchange rate levels and sometimes the statements regarding the euro currency…