AbbVie Stock: The 20-Year Humira Monopoly Ends; So, What’s Next?

AbbVie‘s (ABBV) two-decade Humira monopoly came to an end Tuesday after Amgen (AMGN) launched its biosimilar knockoff at a 55% discount to the original. But AbbVie stock advanced. X The biosimil...

Mortgage rates surge to a 20-year high, leading to steep decline in home sales

The numbers: Mortgage rates have risen to the highest level in 20 years. The 30-year fixed-rate mortgage averaged 6.94% as of October 20, according to data released by Freddie Mac on Thursday.  That’s...

Some real estate markets cooling as mortgage rates hit 20-year high

Burbank — Inflation, soaring mortgage rates and record high prices are making it difficult for many Americans to buy a home. But there could be some relief in sight, as skyrocketing rates have helped ...

The Dollar Is at a 20-Year High. That’s Bad News for Bitcoin

Key Takeaways The dollar index has jumped to 20-year highs above 112 thanks to the Federal Reserve’s economic tightening policy. While the dollar is soaring, Bitcoin and other cryptocurrencies a...

Bitcoin ‘nuke’ warning as Fed rate hike decision looms — Dollar index hits 20-year high

Bitcoin (BTC) underwent a weak rebound on Sept. 21, and the U.S. dollar jumped to a new yearly high as investors await Sept. 21’s Federal Open Market Committee’s interest rate decision. BT...

Dollar Hits 20-Year High After Russia Mobilizes More Troops

Text size Russian President Vladimir Putin accused the West of nuclear blackmail against Russia. Alexei Druzhinin/SPUTNIK/AFP/Getty Images The U.S. dollar rose to 20-year highs early Wednesday after R...

US dollar hits new 20-year high — 5 things to know in Bitcoin this week

Bitcoin (BTC) heads into the first week of September on a rocky road downhill after United States markets’ Jackson Hole rout. After the U.S. Federal Reserve reinforced hawkish comments on the inflatio...

EUR Hits A 20-Year Low, But The Currency’s Reversal Could Be BTC’s Saving Grace, Analyst Says ⋆ ZyCrypto

Advertisement &nbsp &nbsp EUR retains its trend of underperformance this year, with a significant influence from geopolitical tensions. Besides the euro, most of the financial...

Euro Slides to 20-Year Low against US Dollar as Energy Crisis Heightens

In the Euro area, the inflation figures for the month of July were pegged at 8.9 percent in July 2022, up from 8.6 percent in June 2022 and 8.1 percent in May 2022. The Euro is reflecting a more beari...

Euro Falls Below US Dollar for Second Time Since 2002, Reaching 20-Year Low

The euro has fallen below the U.S. dollar for the second time in 20 years, also hitting a 20-year low. The currency is now priced at 0.990 to 1 USD. The euro has fallen below the U.S. dollar for the s...

20-Year Old Arrested for Misleading Friends in $240k Crypto Investment

A 20-year-old male in Singapore has been arrested and charged for allegedly misusing the $240,000 he collected from his schoolmates instead of investing it to invest in crypto. Young Lads Tricks Schoo...

Bitcoin fights key trendline near $20K as US dollar index hits new 20-year high

Bitcoin (BTC) found a new focus at just under $20,000 on July 14 as United States dollar strength hammered out yet another two-decade high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView ...

Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20-Year High – Economics Bitcoin News

Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against the USD last Tuesday. This week, the official currency for 19 of the European Union’s member stat...

Euro Slides To Its 20-Year Low, USD Soon To Flip EUR

8 hours ago | 2 mins read Editors News For the first time in 20 years, the US dollar has surged over the euro. Euro surges over 40% from its all-time high of €1.5990. The euro’s common currency exchan...

Euro Hits 20-Year Low in Parity With the Dollar

Key Takeaways The euro fell to a 20-year low of $1.0001 in Tuesday trading. A potential cutoff from Russian gas supplies and recession fears have accelerated the euro’s downturn. BitMEX’s ...

Wall Street Sounds Alarm on 20-Year Treasury Bond Dislocation

(Bloomberg) — Mark Cabana knows he sounds like a broken record by now. Most Read from Bloomberg Yet the head of US interest-rates strategy at Bank of America Corp. makes no apologies for repeate...

The Pain (and Pleasure) Of The Dollar’s 20-Year High

On a trade-weighted basis, the US Dollar has charged to its highest level in two decades. The consequences of that surge stretch far beyond the US financial system, and US investors. The US Dollar is ...

Euro Tumbles to 20-Year Low, Putting Parity With Dollar in Sight

(Bloomberg) — The euro slid to the lowest level against the US dollar in two decades as investors grappled with the prospect of an energy crisis that risks tipping the region into a recession. M...

Gold prices settle at their lowest level of the year as the dollar index climbs toward a 20-year high

Gold on Tuesday fell below the key $1,800-an-ounce level to settle at its lowest price so far this year, while silver futures ended at a two-year low, on back of a rise in the U.S. dollar index toward...

Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent – Economics Bitcoin News

The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and...

Dow Falls 700 Points As Euro Sinks To 20-Year Low Against The Dollar With Global Recession Fears ‘Front And Center’

Topline The stock market fell on Tuesday, adding to recent losses as investors returning from the holiday weekend face renewed fears of a looming recession, while shares of Tesla slumped after the ele...

Is it safe to sell the euro after hitting a 20-year low against the US dollar?

The US dollar flexes its muscles in the first trading week of July as it gains against all its peers. However, one currency pair, in particular, looks extremely weak – the EUR/USD. All eyes are on the...

California Hate Crimes Hit 20-Year High In 2021—Driven By Covid-Era ‘Pandemic Of Hate’

Topline The number of hate crimes reported in California increased by nearly one-third in 2021 to reach the highest level in 20 years, California Attorney General Rob Bonta announced Tuesday, saying t...

Here’s why the euro is approaching its 20-year low

The euro is plummeting. The EUR/USD pair crashed to a low of 1.0380, which is about 35% below the highest level since 2008. It has fallen by 16% from the highest point last year. Notably, the currency...

U.S. dollar hits a new 20-year high despite raging inflation

The U.S. dollar index rose to its highest level in 20 years on Friday, May 9. The rise follows the Federal Reserve (Fed) raising rates, a sell-off in U.S. stock exchange indexes, and worries of an eco...

US dollar index forecast as it soars to a 20-year high

The US dollar index (DXY) jumped to the highest level since December 2002 as investors reflected on the relatively hawkish interest rate decision by the Fed. The index is trading at $103.67, which is ...

Bitcoin price slow to react as US dollar rally stops at 20-year highs

Bitcoin (BTC) stayed rangebound on April 29 as a welcome retracement saw the United States dollar come down from 20-year highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes ...

Bitcoin rejects $40K as US dollar strength hits 20-year high

Bitcoin (BTC) made a fresh bid to crack $40,000 on April 28 as Wall Street trading opened to twenty-year highs for U.S. dollar strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView DXY...

BOJ doubles down on bond-buying, yen hits 20-year low against the US dollar

The Bank of Japan (BOJ)’s decision this week was highly anticipated by currency traders. As the last major central bank that keeps easing the monetary policy, some hoped that the BOJ would pivot from ...

20-Year Trader Shares His Thoughts on Earning Hefty Crypto Profits

With the impact of the recent international events, what has been continuously staged on leading stock platforms is the notable “stock market crash’’. It is believed that there may be a small bubble b...

Continuously Losing Money in the Crypto Market? A 20-year Trader Share His Ways to Profit

Recently, affected by international events, the “stock market crash” has been constantly staged on major stock platforms. There may also be a bubble behind the boom. The gloomy stock market has made a...

Argentina Raises Key Rate To 47% as Inflation Hits 20-Year High

(Bloomberg) — Argentina’s central bank raised interest rates for the fourth time this year after inflation data published earlier in the day showed prices increasing at the fastest monthly pace ...