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Facebook’s cryptocurrency has official launching day

December 19, 2019
Facebook plans to launch their cryptocurrency Facebook Libra, but there is no specified strategy. The main problem for Facebook is regulation of the digital currency by U.S. government. At this stage, there is no strategy set in stone for the markets or the product, or how it will actually get rolled out in June. After... Facebook’s cryptocurrency has official launching day
Facebook plans to launch their cryptocurrency Facebook Libra, but there is no specified strategy. The main problem for Facebook is regulation of the digital currency by U.S. government. At this stage, there is no strategy set in stone for the markets or the product, or how it will actually get rolled out in June. After first Facebook analyses they can reach almost 2,4 billion users in the world. Libra won’t have impact on the global financial landscape.

Facebook says that it is too early to reveal their strategy, but on the other side there is still problem with regulator which hasn’t allowed libra what can be real reason for strategy problem.

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Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

December 4, 2023

Global equity markets and precious metals ended with notable gains last week despite a hawkish speech by Jerome Powell. Looking ahead, the global markets are expected to remain extra volatile the remaining week due to a busy economic calendar and all eyes remain on Friday’s US job report.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

November 27, 2023

Precious metals started the new of trading on a bullish note while US stock futures opened mixed on Monday following the Thanksgiving break. The volatility is expected to remain high this week, based on a list of important data and events. The ISM manufacturing PMI and the Core Personal Consumption Expenditures (PCE) Price Index may be the most market-moving events on the calendar this week.