
Having hit $4,000 for the first time for six weeks on expectations that the US Securities and Exchange Commission will soon approve investment vehicles, which would broaden Bitcoin’s appeal, the number one crypto assets rebounded on Wednesday…
On Monday, the evergreen buck dived a bit versus the Japanese yen since the beginning of trade, staying below the two-month maximum, after the market got some clarity after the missile strikes on Syria by the United States as well as its allies on the weekend. However, soon the US currency lost its positions and kept going down during Asia trade.
The currency pair USD/JPY dived 0.20% coming up with a reading of 107.19. The anti-risk yen gains demand in times of market turmoil. Besides this, Japan’s trade figures are going to be released on Wednesday.
On Saturday, the US, France along with Great Britain launched up to 105 rockets aimed to three power facilities in Syria, thus responding to the hypothetical use of chemical weapons in Syria on April 7.
On Sunday, Russian President Vladimir Putin stressed that further attacks by the Western nations on Syria would provoke another world chaos.
According to a phone talk with his Iranian partner Hassan Ruhani, Putin and Ruhani agreed that with their missile attack the West had ruined the chances of coming to a sound political solution in the seven-year conflict in Syria, the Russian government told in a statement.
Vladimir Putin emphasized that if such outrageous actions committed in violation of the UN Charter keep unrolling, it will undoubtedly lead to a huge mess in international relations.
Additionally, US Ambassador to the UN Nikki Haley informed that the United States will announce on Monday new economic sanctions aimed at companies and related to Syrian President Bashar Assad in response to the hypothetical use of chemical weapons.
As some market experts pointed out the reaction in the foreign exchange market turned to be limited, as President Trump warned in advance about a possible attack on Syria, thus giving traders enough time to participate in this event.
Having hit $4,000 for the first time for six weeks on expectations that the US Securities and Exchange Commission will soon approve investment vehicles, which would broaden Bitcoin’s appeal, the number one crypto assets rebounded on Wednesday…
On Wednesday, the evergreen buck slumped versus the common currency and the UK pound because a dive in American Treasury gains diminished its attractiveness in the face of hopes for dovish news on interest rates from the major US bank…
On Tuesday, the evergreen buck kept slumping for three sessions in a row because dovish remarks from a Fed representative put downward pressure on the US currency…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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