Safe Haven

AUD/USD Exchange Rate Struggles Near 0.6700 as USD Selling Offers Some Relief

The AUD/USD exchange rate has been struggling near the 0.6700 level in recent weeks as the US dollar has been selling off. This has offered some relief to the Australian dollar, which has been under pressure due to a number of factors. The AUD/USD exchange rate is a measure of how many US dollars it takes to buy one Australian dollar. In recent weeks, the exchange rate has been hovering around the 0.6700 level, which is a level that has been seen as a key support level for the Australian

XAU/USD Gains 3% and Reaches $2,000: Gold Price Forecast

The gold price has been on the rise in recent months, and the XAU/USD exchange rate has recently gained 3% and reached $2,000. This is a significant milestone for the precious metal, as it is now trading at its highest level since 2011. The surge in gold prices has been attributed to a number of factors, including a weakening US dollar, increasing geopolitical tensions, and a flight to safety as investors seek to protect their wealth from market volatility.The recent gains in the XAU/USD exchange rate have been driven by

Balaji Srinivasan Predicts Hyperinflation and Bets on Bitcoin Price Surpassing $1M in 90 Days

In recent weeks, the cryptocurrency world has been abuzz with the news that Balaji Srinivasan, a prominent venture capitalist and former Chief Technology Officer of Coinbase, has predicted hyperinflation and is betting on Bitcoin price surpassing $1 million in 90 days. This bold prediction has caught the attention of many in the crypto community, as it could have a huge impact on the future of cryptocurrency. Srinivasan’s prediction is based on the idea that the current economic system is unsustainable and that hyperinflation is inevitable. He believes that the current

GBP/USD Exchange Rate Steadies Near 1.2150, On Track to Post Weekly Gains

The GBP/USD exchange rate has been on a steady rise this week, with the pair currently trading near 1.2150. This is a significant improvement from the start of the week, when the pair was trading around 1.2050. This means that the GBP/USD exchange rate is on track to post weekly gains and could potentially reach its highest level since mid-February. The recent rise in the GBP/USD exchange rate can be attributed to a number of factors. Firstly, the British pound has been bolstered by news that the UK economy is

ANZ Forecast: XAU/USD Gold Price to Increase in Second Half of Year with Fed on Hold

The precious metal gold has long been seen as a safe haven asset, and its value is often used as a barometer for the health of the global economy. Recently, the Australian and New Zealand Banking Group (ANZ) released a forecast predicting that the XAU/USD gold price will increase in the second half of the year, due to the Federal Reserve’s decision to keep interest rates on hold. The ANZ report noted that gold prices have been on a steady rise since the start of the year, and that this

ANZ Forecast: Gold Price to Increase in Second Half of 2020 as Federal Reserve Pauses

Rate Hikes The gold price is expected to increase in the second half of 2020, according to the ANZ forecast. This is due to the Federal Reserve's decision to pause rate hikes, which has created a more favorable environment for gold prices. The Federal Reserve's decision to pause rate hikes is a result of the economic uncertainty caused by the coronavirus pandemic. The Federal Reserve is trying to keep the economy stable by keeping interest rates low. Low interest rates make it cheaper for investors to borrow money and buy

MakerDAO Increases Investment in US Treasuries

MakerDAO, a decentralized finance platform, recently announced a major increase in its investment in US Treasuries. This move is part of the company’s strategy to diversify its portfolio and reduce risk. MakerDAO is a decentralized finance platform that allows users to borrow and lend cryptocurrencies. It is one of the most popular platforms in the DeFi space and has been growing rapidly over the past few years. The company recently announced that it has increased its investment in US Treasuries. This move is part of MakerDAO’s strategy to diversify its

Bitcoin Price Reaches 9-Month High After 10% Surge

The price of Bitcoin has recently surged to a nine-month high after a 10% increase. This surge has been attributed to a number of factors, including increased institutional interest in the cryptocurrency and a surge in demand from retail investors. The price of Bitcoin has been steadily increasing since the beginning of the year, with the cryptocurrency reaching a high of $9,400 on May 11th. This is the highest price that Bitcoin has seen since August 2018. The surge in the price of Bitcoin is being attributed to a number

Experts Predict Strengthening of Cryptocurrency in Long-Term Following U.S. Banking Crisis

The world of cryptocurrency is rapidly evolving, and experts are predicting a strengthening of the digital currency in the long-term following the U.S. banking crisis. Cryptocurrency is a digital or virtual currency that uses cryptography for security, making it difficult to counterfeit. It is not controlled by any central authority like a government or bank, and it operates on a decentralized public ledger called a blockchain.The U.S. banking crisis has caused a major disruption in the global economy, leading to increased volatility in the stock market and a decrease in

Experts Predict Strengthening of Cryptocurrency in Long Term Due to U.S. Banking Crisis

The recent banking crisis in the United States has caused a great deal of uncertainty and concern. Many people are wondering what the long-term effects of this crisis will be, and whether it will have any impact on the cryptocurrency market. According to experts, the answer is yes: the long-term outlook for cryptocurrency is likely to be strengthened by the banking crisis.The banking crisis has caused a lot of disruption in the traditional financial system, and this has opened up opportunities for alternative forms of currency, such as cryptocurrency. Cryptocurrency

Experts Predict Strengthening of Cryptocurrency in the Long Term as a Result of U.S. Banking Crisis

The recent banking crisis in the United States has caused a lot of uncertainty in the financial markets. Many investors are looking for alternative investments that are not as vulnerable to the whims of the stock market. Cryptocurrency is one such option that is gaining traction among investors. Experts are predicting that cryptocurrency will become a more viable long-term investment option as a result of the banking crisis.Cryptocurrency is a digital currency that is not backed by any government or central bank. It is created and managed through a decentralized

XAU/USD Gold Price Volatility Contraction at $1,920 as Fed Policy Takes Center Stage

The XAU/USD gold price has been in a state of volatility contraction over the past few weeks, with the price hovering around the $1,920 mark. This is due to a number of factors, but the most significant is the Federal Reserve’s monetary policy.The Federal Reserve has been actively engaged in quantitative easing, which is the process of purchasing government bonds and other securities in order to increase the money supply and stimulate the economy. This has had a direct impact on the gold price, as investors have been buying gold