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In a sign of continued maturity as a macro asset, bitcoin now looks to be leading the price action in the foreign exchange markets (FX). Bitcoin Starting to Lead FX Markets, Analysis of Tesla Reaction Shows: Report – CoinDesk
Group of Seven finance ministers are expected on Friday to back a new allocation of the International Monetary Fund’s own currency, or Special Drawing Rights, to help low-income countries hit by the coronavirus pandemic. GRAPHIC-Which countries would benefit most from an IMF SDR increase (msn.com)
World shares dipped on Friday as investors awaited progress towards more U.S. fiscal stimulus, while the dollar was set for a weekly loss and cryptocurrency Bitcoin hit a record high. World shares dip and Bitcoin hits record high – Metro US
| Currency pairs | Exchange Rate as of 4:15 pm 8 February 2021(1) | As of 12:31 pm EST Exchange Rate as of 12 February 2021(2) | |
| AUD/USD | 0.7656 | 0.7725 | |
| USD/CAD | 1.2781 | 1.2694 | |
| USD/CNY | 6.4664 | 6.4542 | |
| EUR/USD | 1.2035 | 1.2124 | |
| USD/INR | 72.8500 | 72.6000 | |
| GBP/USD | 1.3714 | 1.3855 | |
| USD/JPY | 105.4400 | 104.9500 | |
| USD/MXN | 20.1300 | 19.9320 | |
| USD/DKK | 6.1785 | 6.1496 | |
| USD/NOK | 8.5428 | 8.4958 |
Alton Drew, Consiglieri 