The bitcoin received a rising impulse from the IMF

The largest digital currency in the world - the bitcoin, received some support from the International Monetary Fund and rose above the psychological limit of $ 8,000 on Tuesday.
The cost of the bitcoin rose 1.3 percent to $8,109, with its lowest daily value at $7,972.55 per coin.
Surprising support came not by anyone, but by IMF chief Christine Lagarde. She said late on Monday that the IMF sees the positive influence of the bitcoin and blockchain technology.
This was, to a large extent, a surprise, given Lagard's previous comments on the bitcoin.
In fact, Lagarde is quite inconsistent in its position with regard to the cryptocurrencies.
Global digital currency may be a future option for the IMF. This was stated by the head of the fund, Christine Lagarde, during the forum organized by the English Central Bank last October. Lagarde hinted at the development of the cryptocurrency, which would be used for special rights issued by the IMF.
These currencies can displace the reserve currencies used by the Fund.
The IMF has already begun exploring the possibilities of creating its own cryptocurrency with external consultants. Lagarde commented that replacing current reserve currencies with IMF's own cryptocurrency is not so much a far-fetched opportunity.
The IMF cryptocurrency may seriously endanger the domination of major reserve currencies, market forecasters predict.
According to experts, the creation of such a cryptocurrency could be backed by countries like China who would like to reduce the impact of the US currency as a reserve one.

The IMF will create its own cryptocurrency?

Global digital currency may be a future option for the IMF. This was stated by the head of the fund, Christine Lagarde, during the forum organized by the English Central Bank. Lagarde hinted at the development of the cryptocurrency, which would be used for special rights issued by the IMF.
This currency can displace the reserve currencies used by the Fund.
The IMF has already begun to explore the possibilities of creating its own cryptocurrency with external consultants. Lagarde commented that replacing current reserve currencies with cryptocurrency is not such a far-fetched opportunity.
The IMF cryptocurrency may seriously endanger the domination of major reserve currencies, market forecasters predict.
According to experts, the creation of such a cryptocurrency could be backed by countries like China who would like to reduce the impact of the US currency as a reserve one.

EUR/USD is flirting with 1.1000 in anticipation of the ECB meeting

EUR/USD has calmed down after the Brexit in anticipation of the meeting of the European Central Bank, scheduled for Thursday. In the background, waiting for the Fed's rate raising slowly climbing up, providing support for the dollar across the board.
EUR/USD is floating around the key level of 1.1000 before tomorrow's meeting of the Governing Board of the European Central Bank, which is unlikely to be able to support the euro; Meanwhile, the pound this morning, managed to overcome the important level of 1.3100.
The IMF warned on Tuesday that Brexit will lead to a slowdown in global economic growth of 0.1%, as well as greatly increase the economic and political uncertainty.
Yesterday an informal "voice" of the Federal Reserve, the author of articles in the Wall Street Journal, John Hilsenrath noted, that the Fed did not approve how low the market value the probability of a rate hike at the next meetings of the Federal Open Market Committee.
 The graph for EUR/USD continues to reflect the uncertainty, but I believe more probable movement will be due south, as the pair is now testing the key 1.1000 area. At a meeting of the monetary policy on Thursday, the ECB Governing Council is unlikely to report anything that can support the currency.

IMF warns on debt bomb in China

The world goes blind to a new crisis as investors began to lose confidence in the ability of politicians to revive economic growth, writes British newspaper "The Telegraph", citing a report by the International Monetary Fund outlook for the global economy.
Warning of loss of policy inaction, the IMF stated that the financial and economic stagnation could worsen if governments do not prevent the formation of malignant feedback because of the fragile trust between weak growth, low inflation and rising indebtedness.
Jose Vinyals, head of financial stability at IMF warned that continued delays could erase 3.9 percent of global gross domestic product compared with current expectations for the next five years amid persistent turmoil in the markets.
According Vinyals bomb hidden in a $ 1.3 trillion risky corporate debt that is ticking in China, also carries potentially serious challenges to financial stability if banks are pushed to the edge.
The loss of investor confidence bodes bad outlook for global markets. If no action is taken, the shares in the UK, the US, Eurozone and China will lose a fifth of its value in the next two years.