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Portugal Issues Initial Operating Licenses to Crypto Exchanges

Portugal Issues Initial Operating Licenses to Crypto ExchangesIn an unprecedented move, Banco de Portugal has granted operating licenses to the local cryptocurrency trading platforms, “Mind the Coin” and “Criptoloja”. For the first time, these entities are endorsed as legitimate virtual assets service providers under the Portugal crypto license initiative.

Currency Market Update - 10th November 2023

Currency Market Update

The pound edged up against the euro after Bank of England (BoE) policymakers, including Chief Economist Huw Pill, reiterated policy will need to remain restrictive for some time.
Earlier this week, Pill had said market pricing pointing towards a first interest rate cut in August 2024 "doesn't seem totally unreasonable".

The Benefits of Instant Cash Loans: Quick Solutions for Unexpected Expenses  

THE BENEFITS OF INSTANT CASH LOANS: QUICK SOLUTIONS FOR UNEXPECTED EXPENSES  Unexpected financial emergencies can strike at any moment, catching even the most diligent budgeters off guard. Whether it's a sudden medical bill, car repairs, or urgent home maintenance, these unforeseen expenses can disrupt our financial stability. This is where instant cash loans come to the rescue, offering swift and hassle-free solutions to people facing unexpected financial burdens.

Currency Market Update - 8th November 2023

Currency Market Update

The pound weakened against the dollar and euro today, as markets continued to digest remarks from the Bank of England's chief economist that interest rate cuts could come around the middle of 2024.

How Brexit Has Shaped Exchange Rates and Eurozone Trading

HOW BREXIT HAS SHAPED EXCHANGE RATES AND EUROZONE TRADINGThe United Kingdom's exit from the European Union (Brexit) in January 2021 was a significant event in the modern history of the UK and the EU.

Currency Market Update - 30th October 2023

Currency Market Update

The Pound has struggled to maintain any form of strength against the Euro and Dollar over the last month, with GBPEUR currently trading at 1.1450 and GBPUSD trading at 1.2130. After a dovish ECB meeting last week we saw the Euro weaken across the board, with recession expected for the Eurozone over the next few quarters- however the Pound was unable to capitalise on this weakness and the pair stayed lower after the decision.

Currency Market Update - 27th October 2023

Currency Market Update

No surprises yesterday when ECB (European Central Bank) decided to hold rates at 4.5%. President Christine Lagarde mentioned that there could be further actions in the future but that current market situation did not require monetary actions. In September we saw inflation levels drop drastically for a number of European nations.

Currency Market Update - 26th October 2023

Currency Market Update

Australia’s inflation yesterday has shown signs of a continued struggle to drop quick enough, with inflation mainly boosted by higher petrol prices, adding further fuel to the Interest Rate question for The Reserve Bank of Australia. So far, The RBA have left their rates unchanged at 4.1% for the past four months, but prior to the inflation release, markets were pricing in a one-in-three chance that rates would be raised to 4.35% in their next meeting on the 7th November.