Stablecoins are touted as fool proof, fiat backed coins, but are they as stable as you think? Let’s get down to it and find out: First things first: What is a Stablecoin? A Stablecoin is a utility token built upon another coin’s blockchain. The goal of a stablecoin is to create a crypto cu
Archiv für den Monat: Dezember 2021
AUDUSD is looking to go into 2022 with a more bullish bias longer term
AUSDUSD on the weekly chart
The AUDUSD in 2021, reached its high for the year on February 25th at 0.8006 which was near a nice natural resistance of 0.8000. The price low was not reached until the December 3rd at 0.6992 (also near a natural support level at 0.7000). The range of 1014
PBOC sets USD/ CNY mid-point today at 6.3757 (vs. estimate at 6.3723)
USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD/CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.The previous close was 6