Bitcoin is STABLIZING for now after the commencement of its futures contracts trading on CBOE. The skyrocketed prices of Bitcoin have caused the two of the leading exchanges for Bitcoin suffered some outages this week. Both exchanges are struggling to keep up with the influx of the interest in the…
Day: December 14, 2017
The Euro Is Under Pressure due to Draghi’s Comment
The ECB left the interest rates and QE unchanged; however, the ECB President Draghi’s comment drove the euro lower. The U.S. central bank raised the rate by 0.25% yesterday afternoon as expected. Not everyone on the board agreed on the rate hike. 2 members dissented. Nothing new came out of…