Australian dollar – DIGIT INFO

UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings

DIGIT — Tue, 01 Oct 2024 00:46:22 +0000

Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies like currency hedging and diversifying into other currencies and assets like […]

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Australian Bank Halts Development of ETH-Based Stablecoin

DIGIT — Thu, 20 Jun 2024 02:43:31 +0000

The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than established banks. NAB Team Joins Ubiquity The National Australia Bank (NAB) recently […]

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Binance Australia partner hints at rising ‘scams’ after debanking exchange

DIGIT — Fri, 19 May 2023 00:57:47 +0000

Cuscal, the company that handles the Australian dollar on- and off-ramping for the exchange, declined to comment specifically on why it decided to pull support for Binance Australia.

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Binance Aus suspends AUD fiat services, citing issues with third party

DIGIT — Thu, 18 May 2023 02:24:50 +0000

Australian dollar deposits and withdrawals have been suspended by the exchange citing a decision made by a third-party prov

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Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’

DIGIT — Thu, 20 Oct 2022 16:30:10 +0000

While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an inconceivable manner. The owner of aheadoftheherd.com, Richard Mills, published a comprehensive research post on Wednesday called “Walking Dead U.S. Dollar,” warning that […]

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USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’

DIGIT — Sun, 09 Oct 2022 20:00:24 +0000

In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société Générale notes that the index will […]

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Australia Issues White Paper for Central Bank Digital Currency

DIGIT — Wed, 28 Sep 2022 11:30:02 +0000

Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties to participate with proposals and suggest pilot projects. Central Bank of Australia to Pilot CBDC Until Middle of 2023 The Reserve Bank of Australia (RBA) […]

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Expanding Our Global Bitcoin Coverage – Gogo Our New Reporter in Zimbabwe

DIGIT — Mon, 10 Sep 2018 05:55:08 +0000

Veteran business journalist Jeffrey Gogo has joined the news desk at Bitcoin.com. Regular readers count on news.Bitcoin.com to bring them coverage from all over the world, and that world now extends to Africa – Zimbabwe to be exact. Zimbabwe as an emerging crypto market is a critical part of the continent to have on-the-ground coverage. […]

The post Expanding Our Global Bitcoin Coverage – Gogo Our New Reporter in Zimbabwe appeared first on Bitcoin News.

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