Business Verse

Business Verse Welcome to Business Verse!

The dollar is getting cheaper against a basket of world currencies: what will the exchange rate be in the coming monthsT...
31/07/2022

The dollar is getting cheaper against a basket of world currencies: what will the exchange rate be in the coming months
The dollar exchange rate against a basket of major currencies fell to a three-week low on Thursday, July 28. This took place in the field of raising the rate of the US Fed by 0.75 pp. to 2.25−2.50% and the comments that followed.
Reuters writes about it.
Fed Chairman Jerome Powell at his press conference on Wednesday spoke about containing inflation quite strongly, but refused to forecast the size of the next rate hike and noted that "at some point" it would be appropriate to slow down.
"There are now rumors that the dollar may have peaked if the pace of strengthening slows in September after back-to-back moves of 75 basis points in June and July," said Kenneth Brooks, currency strategist at Societe Generale in London.

A trader talked about the prospects of Bitcoin above $23,000Top Traders analyst and practicing trader Timur Hrybennikov ...
31/07/2022

A trader talked about the prospects of Bitcoin above $23,000
Top Traders analyst and practicing trader Timur Hrybennikov talks about the current market situation. Top Traders are the winners in the nomination of the main influencer in Central and Eastern Europe according to Binance.

After the three-month fall of the first cryptocurrency, the market saw the first signs of a rebound. If bitcoin closes the week above $23,000, the price will return above MA200 — a strong bullish signal.

DeFi Herald: TVL Up 15% Month Over Month, Curve Announces StablecoinThe decentralized finance (DeFi) sector continues to...
31/07/2022

DeFi Herald: TVL Up 15% Month Over Month, Curve Announces Stablecoin
The decentralized finance (DeFi) sector continues to attract increased attention from cryptocurrency investors. ForkLog collected the most important events and news of the last weeks in a digest. The main indicators of the DeFi segment
The volume of blocked funds (TVL) in DeFi protocols grew to $88.67 billion. The leader was MakerDAO with an indicator of $8.6 billion, and the second and third lines of the rating are held by Lido ($7.45 billion) and AAVE ($6.56 billion), respectively .

Shares in the owner of social media platform Snapchat have plummeted after it missed revenue expectations and warned it ...
22/07/2022

Shares in the owner of social media platform Snapchat have plummeted after it missed revenue expectations and warned it faces "incredibly challenging" conditions.

The firm says advertisers cut spending as they face supply chain disruptions.

Snap shares slumped by more than 25% in after-hours trade in New York.

Shares in technology giants including, Facebook owner Meta and Google's parent company Alphabet, also fell on concerns about economic headwinds.

Snapchat's flying selfie drone
Snapchat removes controversial speed filter
After US markets closed on Thursday, Snap reported revenue of $1.11bn (£926m) for the three months to the end of June, which missed Wall Street expectations.

The company said some of its advertisers had cut spending as they faced rising costs, supply chain disruptions and labour shortages.

Cyber-attacks on Port of Los Angeles have doubled since pandemicThe number of monthly attacks targeting the Port of Los ...
22/07/2022

Cyber-attacks on Port of Los Angeles have doubled since pandemic
The number of monthly attacks targeting the Port of Los Angeles is now around 40 million, the port's executive director Gene Seroka told the BBC.

Los Angeles is the busiest port in the western hemisphere, handling more than $250bn (£210bn) of cargo every year.

The threats are believed to come mainly from Europe and Russia, and aim to disrupt the US economy, Mr Seroka said.

"Our intelligence shows the threats are coming from Russia and parts of Europe. We have to stay steps ahead of those who want to hurt international commerce," he told the BBC's World Service.

Address

Героев Майдану
Brovary
60000

Telephone

+380766866988

Website

Alerts

Be the first to know and let us send you an email when Business Verse posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category