TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Breaking: Bank of England's Carney says Libra like reserve currency to end USD dominance

  • Bank of Englands Carney has already issued a task force in the UK to looking into digital currencies a long time ago
  • Its clear he believes they are a threat to traditional banking and the US Dollar
  • Carney suggests the need for a new Foreign Reserve Currency
Breaking: Bank of England's Carney says Libra like reserve currency to end USD dominance
FXStreet TeamFXStreet TeamFXStreet

To read more about Bank of England Governor Carney's comments click here

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Solana Price Forecast: Strong institutional confidence keeps SOL afloat above $100

Solana Price Forecast: Strong institutional confidence keeps SOL afloat above $100

Solana price is trading around $100 testing the psychological support level after a 3% decline the previous day. SOL-focused Exchange Traded Funds recorded over $150 million in inflows last week, reflecting strong institutional demand. Solana risks capitulation as price tests the $100 threshold amid easing bullish momentum.

Cardano Price Forecast: Bearish metrics threaten deeper ADA slide

Cardano Price Forecast: Bearish metrics threaten deeper ADA slide

Cardano remains under pressure, trading near key support around $0.191 following a loss of over 15% last week. Bearish derivatives metrics, weakening momentum indicators and dampening risk appetite amid fresh tensions in the Middle East cap ADA and risk a deeper correction ahead.

Crypto Overview: Bitcoin slips below $78,000 – DEX tokens rally

Crypto Overview: Bitcoin slips below $78,000 – DEX tokens rally

Bitcoin price is trading above $77,000 sustaining monthly gains of over 20% so far. The technical outlook for Bitcoin is bullish as the price holds above a crucial retracement support level at $76,706 amid broader market risk-on sentiment. Decentralized Exchange tokens, Uniswap and PancakeSwap, emerge as top performers over the last 24 hours, eyeing further gains.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC pauses, ETH faces $2,500 resistance, XRP holds 200-day EMA key support

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC pauses, ETH faces $2,500 resistance, XRP holds 200-day EMA key support

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) have paused their gains after facing a slight pullback last week following their recent massive gains. BTC trades around $77,900 on Monday, and ETH faces selling pressure near the key $2,500 resistance level. Meanwhile, XRP corrects and finds support around a key level that could determine its next directional move.
Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.