Day: November 17, 2020

yuan and dollar

Chinese yuan reached its highest against the dollar

On Tuesday, the euro increased against the U.S. dollar, supported by optimism over another covid-19 vaccine. Additionally, the Chinese yuan reached its highest against the greenback since June 2018. Furthermore, Europe’s shared currency declined against a broadly stronger pound, which boosted on media reports that the United Kingdom could reach a post-Brexit trade agreement with …

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Bitcoin

Bitcoin Increased to a New Yearly High of 16,717

Bitcoin, the world’s dominant cryptocurrency, price increased to a new yearly high and settled at $16,717 on Binance. According to traders, a larger rally will occur in the near term. Remarkably, there are different reasons why analysts foresee a prolonged uptrend: Bitcoin broke out of $16,000, taking out the $16,473 peak hit on November 13. …

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Amazon close up

Amazon Launches Online Pharmacy | Trade Market News

Amazon.com Inc (NASDAQ:AMZN) launched its online pharmacy on Tuesday. This is for delivering prescription medications in the United States. This increases competition with drug retailers such as Walgreens, CVS and Walmart (NYSE:WMT).  With the new online store, customers can price-compare as they buy drugs on the company’s website or app. The store is called Amazon …

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dollar

Trump Almost Waivers, Asia Trade Deal, Stocks Set to Rise

Incumbent President Donald Trump is approaching the departure lounge. China orchestrates a massive Asia-trade, the world’s biggest-ever trade deal. Stocks will rise as Moderna vaccine news allows investors to look through alarming numbers of the pandemic spread.  Trump Almost Admits Election Defeat President Donald Trump is near acknowledging a defeat in the U.S. elections. Although …

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