Is the winter of cryptomarket finally over? Or do we get ahead of ourselves when making this statement?
Greenback adds in Asia as US tax cuts eyed
On Wednesday, the major US currency leapt versus the Japanese yen with the focus on the probable unveiling of ambitious plans for American tax cuts later in the day.
The currency pair USD/JPY demonstrated 112.47, climbing 0.20%, AUD/USD lost 0.15% being worth 0.7874. Besides this, GBP/USD dived 0.12% showing 1.3443, and EUR/USD sagged 0.10% trading at 1.1781.
Estimating the greenback’s actual strength versus a trade-weighted basket of six crucial currencies, the US dollar index rallied 0.11% being worth 92.91.
Overnight, the greenback edged up versus a basket of key currencies because market participants were digesting Fed Chair Janet Yellen's comments reaffirming the major financial institution’s view that lifting interest rates gradually appears to be the most appropriate policy measure.
The currency pair EUR/USD went down as worries over the political fallout in Germany kept unrolling, putting pressure on the euro and pushing it to a one-month minimum.
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…