(Bloomberg) -- Already suffering from the war in nearby Ukraine, eastern Europe’s main currencies are about to take another blow from a looming euro-area recession. Most Read from BloombergWinners and Losers in Democrats’ Signature Tax and Energy BillTech Drives Stock Losses After Rally Fizzles Out: Markets WrapCarlyle CEO Resigns in Sudden Reversal of Generational ShiftR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItTraders are more bearish on the Hungarian forint,
The launch of euro-denominated bitcoin and ether futures contracts could accelerate the ongoing institutionalization of the crypto market.
(Bloomberg) -- For carry traders battered by the dollar’s rally and higher US borrowing costs, the euro’s worst plunge since 2005 couldn’t have come one moment sooner.Most Read from BloombergChina’s Rebound Remains Fragile as Factories, Property SlumpElon Musk’s Antics Turn Owners and Would-Be Buyers Against TeslaThe Crypto Collapse Has Flooded the Market With Rolex and PatekAre We Ready to Start Saying the R-Word?Investing in emerging-market currencies with borrowed euros is raking profits of a