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Problems raise demand

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Miguel A. Rodriguez
Miguel A. Rodriguez
06 April 2022
Euro feels weight of French election concerns
  • Gold had a solid start this year, logging in the biggest quarterly gain since September 2020 as the ongoing war in Ukraine and concerns over sky-high inflation raised demand for the safe-haven asset
  • The euro weakened, with the Swiss franc and the Swedish crown the winners as French election worries and the chance of more sanctions against Russia unnerved investors
  • On Satoshi Nakamoto's "birthday", Lightning Labs announced the new ability to issue and transfer assets, including stablecoins such as Tether (USDT), instantly and virtually for free via Lightning Network
  • WTI/USD dove 1.3%
  • USD/JPY rose 0.6%
  • BTC/USD dove 1.4%


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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.