Tuesday, May 12th—today's news: Saudi Arabia pledges further production cuts to support oil prices. German court rules that ECB's stimulus measures are illegal under the country's law, some Asian countries experience a new coronavirus outbreak. EUR/USD is at 1.0824, GBP/USD—1.2344; Brent oil is $30.34 per barrel, gold is $1,710.40. Read …
On May 12th, mining the original cryptocurrency — bitcoin — will become twice less profitable. The previous two instances of halving led to a high volatility, and, in the end, to a higher BTC rate. However, this time the analysts see alternatives to the possibility of growth. Let’s look at …
Friday, May 8th—today's news: the US dollar dips amid the possibility of negative rates by the Fed. Job losses in the US reach the Great Depression highs, cryptocurrency market surges ahead of bitcoin halving. EUR/USD is at 1.0828, GBP/USD—1.2389; Brent oil is $29.90 per barrel, gold is $1,729.75. Read the daily selection of analytical …
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