vimarsana.com

Page 12 - சர்வதேச பணம் பரிமாற்றம் வழங்குநர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bitcoin Price Forecast: BTC/USD Shatters Records At $23,000, But Should Be Worth $400,000

Ultra-loose global central bank policies boost bitcoin demand The Federal Reserve made no policy changes on Wednesday, but reiterated that monetary policy would remain extremely loose over the medium term as the Fed looked to run a hot economy to cut unemployment. Global central banks are determined to main very loose financial conditions which creates a very favourable environment for assets such as cryptocurrencies. There is also increased optimism that the US Congress will pass a fiscal stimulus package this week. A support package would boost the economic outlook and tend to undermine real interest rates. Very low interest rates and an on-going surge in liquidity have maintained a flow of funds into alternative assets with bitcoin also seen as a longer-term hedge against inflation.

US Dollar To Norwegian Krone Rate Slides To 16-Month Low As Norges Bank Holds Rates

The Norges Bank held interest rates at 0.0%, but the statement indicated that rates would increase earlier than expected in September with hikes starting in 2022. The rhetoric stands out in stark contrast to very dovish rhetoric from most global central banks which boosted the krone. Image: USD/NOK exchange rate chart The euro-to-krone rate dipped to test support below 10.50 for the first time this month with the dollar-to-krone rate at 16-month lows just below 8.60. The pound-to-krone rate retreated to 11.67, still above December lows below 11.60. Norges Bank expects rate hikes in 2022 Norway’s Norges Bank held interest rates at 0.0% following the latest policy meeting, in line with market expectations.

Pound To Euro Holds Recovery For Now As Markets Still Expect Brexit Deal

Find out how to secure the best exchange rates on your money transfers here Despite the lingering threat of a no-deal Brexit and a cautious Bank of England (BoE), the British Pound to Euro (GBP/EUR) exchange rate is holding most of its recovery attempt this week. The Euro has seen little impact from news and currency movement in recent sessions, leaving Brexit speculation to be the primary cause of the pair’s movement – which could persist until there is a more concrete outcome for the Brexit process. Since opening this week at the level of 1.0920, GBP/EUR has been trending with an upside bias, attempting to recover last week’s losses.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.