On Wednesday, Bitcoin managed to rally in the face of mixed crypto trading reacting to news that Seed CX is geared up towards capturing institutional traders via a bitcoin spot trading market…
Dollar index sags to multiweek minimums
On Thursday, the greenback extended losses, taking a particularly hard hit versus the British pound, Assue and euro following a steep dip in American Treasury yields.
Trading was still thin because a great number of market participants were believed to stay away until after the New Year holiday.
A measure of the greenback versus a basket of six major counterparts, the ICE US Dollar Index headed south 0.4% trading at 92.676.
As for the WSJ Dollar Index BUXX evaluating the US dollar versus 16 counterparts, it slumped 0.3% being worth 86.32.
Both indexes have dived in 7 of the last 8 trading sessions, while both are approaching levels not observed in more than a month.
Late on Wednesday, in New York the currency pair EUR/USD tacked on to $1.1928 from $1.1896, getting closer to levels not observed since late November.
GBP/USD inched up to $1.3433 versus Wednesday’s outcome of $1.3400.
Versus the Japanese yen, the evergreen buck dived to ¥112.81 versus ¥113.25 in the previous trading session.
On Wednesday, the Japanese yen headed south versus its major peers because investor risk appetite improved during Asia trade, although worries over decelerating global surge and US-China trade clashes will probably cap gains in risky assets…
On Tuesday, the evergreen buck managed to stabilize in Asia because the International Monetary Fund had its 2019 as well as 2020 global surge forecasts cut overnight…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
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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…