Is the winter of cryptomarket finally over? Or do we get ahead of ourselves when making this statement?
Aussie edges up in Asia backed by China party congress
On Wednesday, in Asia, the Australian dollar grew, with the opening of China's party congress offering few economic cues in the highly anticipated speech by President Xi Jinping. He told that the market will play a crucial role in the Chinese economy.
The currency pair AUD/USD rallied 0.09% being worth 0.7852, USD/JPY hit 112.16, sliding 0.04%. As for EUR/USD, this currency pair showed an outcome of 1.1770, jumping 0.03%.
Gauging the greenback’s value versus a basket of six key currencies, the US dollar index tumbled 0.03% being worth 93.33.
Overnight, the US currency traded higher versus a basket of main currencies underpinned by economic reports, which topped hopes that point to underlying strength in the American economy.
The greenback found itself on track for a fourth-straight trading session of profits after a bunch of positive economic reports raised expectations that the American economy is already demonstrating a sturdy quarter of surge.
On Thursday, the major US currency rebounded from its unexpected dive following dismal economic data that sparked fears about the strength of the American economy and also backed the Fed’s intention to leave rates on hold in the nearer future…
On Thursday, Bitcoin was still below the psychologically crucial $4,000 mark without any clear driver…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…