Weekly Cryptonews
The first part of the week was more than optimistic for Bitcoin. However, now it is going through the correction phase.
ECB Meeting
| The economy of the euro area is in a very good shape. However, the euro cannot strengthen. Mario Draghi, the President of the European Central Bank, sounded cautious at the regulator’s last meeting. Although the European interest rate is expected to remain at the same level for a long time, Mr. Draghi may still give clues about the future rate hikes. Even a hawkish-sounding speech will support the single currency. The ECB will release its statement at 14:45 MT time on April 26. The traditional press conference will start at 15:30 MT time. As usual, great swings await EUR/USD and EUR/GBP. |
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On Monday, gold declined notwithstanding a lower American currency because data underpinned hopes for a Fed interest rate lift…
European equities conclude in positive territory for the fifth consecutive week
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RBNZ Meeting
The Reserve Bank of New Zealand will hold a meeting at 00:00 MT time on August 9.
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