The British pound is the best performing G-10 currency of 2023, and some strategists believe that the pound’s rally can continue over the medium term.
Crypto firms are scrambling to find institutions to bank with after the collapse of Signature Bank and Silvergate Capital.
The European Central Bank is worried that the euro zone will end up in a “sandwich position” between U.S. Big Tech and China’s payment systems.
Argentina and Brazil are in early talks to create a common currency, as part of a coordinated bid to reduce reliance on the U.S. dollar.