Dollar Up, But Near Three-Year Lows, Fed Continues Dovish Tone By

© Reuters.   By Gina Lee – The dollar was up on Thursday morning in Asia, but kept near three-year lows, as the U.S. Federal Reserve continued a dovish stance that stoked reflation fears. The that tracks the greenback against a basket of other currencies inched down 0.07% to 90.095 by 9:24 PM ET … Read more

Fed chair says it’s up to Congress to bring a digital dollar to market –

Jerome Powell added that the Federal Reserve needed to consider the health of other markets when creating a digital currency. Source: Fed chair says it’s up to Congress to bring a digital dollar to market About Author Luke Bailey Luke has had a long interest in financial technology, especially cryptocurrency and blockchain. With a Bachelors … Read more

Fed chair says it’s up to Congress to bring a digital dollar to market

Federal Reserve chair Jerome Powell mentioned 2021 will possible have the central financial institution partaking with the general public and lawmakers relating to the digital greenback. In a Home Monetary Providers Committee listening to at the moment, Powell responded to questions from Consultant Patrick McHenry, who mentioned the digital greenback would possible face nationwide and … Read more

Fed chair says it’s up to Congress to bring a digital dollar to market

Federal Reserve hair Jerome Powell said 2021 will likely have the central bank engaging with the public and lawmakers regarding the digital dollar. In a House Financial Services Committee hearing today, Powell responded to questions from Rep. Patrick McHenry, who said the digital dollar would likely face national and economic security issues for the United … Read more

The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High Priority Project for Us’ – Regulation Bitcoin News

Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high priority project” for the Fed, and agrees with U.S. Treasury Secretary Janet Yellen on the benefits of issuing a digital dollar. The Fed Is Looking Carefully at a Digital Dollar Fed … Read more

Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

Central Bank Watch Overview: All eyes are on Washington, D.C. as Fed Chair Jerome Powell delivers remarks to the Senate Banking Committee (Tuesday) and the House Financial Services Committee (Wednesday). Fed Chair Powell isn’t the only Fed official in the news, however. But the message has been resoundingly clear: the Fed isn’t raising rates anytime … Read more

Fed Chair Powell Says Digital Dollar Is A ‘High Priority Project’

Topline As institutional interest in cryptocurrencies grows following bitcoin’s blistering rally at the beginning of the year, Federal Reserve Chair Jerome Powell said the central bank is looking closely at the prospect of issuing a “digital dollar.” Federal Reserve Chair Jerome Powell Getty Images Key Facts Digital central bank currencies are forms of money issued … Read more

Bitcoin Price Drops 18%, Fed Discusses ‘Soft’ Inflation, Analyst Says BTC Sell-Off Attracts More Investors – Market Updates Bitcoin News

Digital asset markets are seeing some turbulence on Tuesday as the entire crypto market capitalization has lost 11% in value during the last 24 hours. Bitcoin has slid to a low of $44,846 during the morning trading sessions (EST) losing more than 18% during the last day. Bitcoin Price Dips Over 18% and Quickly Regains … Read more

Fed President Reveals Bitcoin Rally Surprise As Price Falls Under $50,000

Bitcoin’s blistering surge to a staggering $1 trillion total value over recent months has taken many by surprise. The bitcoin price, up around 350% since its bull run began in October, reached highs of almost $60,000 per bitcoin over the weekend before dropping to around $50,000 on Monday. As the bitcoin price swings wildly, the … Read more

US Dollar Forecast: Gaining Ground as ASEAN Weaken, Eyes on Fed Chair Powell

US Dollar, Singapore Dollar, Thai Baht, Indonesian Rupiah, Indian Rupee, ASEAN, Fundamental Analysis – Talking Points US Dollar mostly strengthened versus ASEAN currencies this past week Rising longer-term Treasury yields, idling ASEAN equities key factors ASEAN, Key News Ahead: Singapore CPI, Thailand trade, Fed Chair Recommended by Daniel Dubrovsky What are the top trading opportunities … Read more