Is the winter of cryptomarket finally over? Or do we get ahead of ourselves when making this statement?
Greenback goes down in Asia as NKorea sanctions fall short
On Tuesday, the evergreen buck declined in Asia because market participants noted the impact of the fresh UN sanctions on North Korea for its missile and nuclear test turned to be weaker than expected and that political risk was still a firm regional concern.
The currency pair USD/JPY reached 109.30, sliding 0.09%. At the same time AUD/USD hit 0.8013, descending 0.17%.
Gauging the greenback’s value versus a trade-weighted basket of six crucial currencies, the US dollar index edged down 0.08% being worth 91.58.
Australia unveiled August’s NAB business confidence reading was 5, the NAB business survey hit 15, versus respectively 12 and 15 in July.
Overnight, the evergreen buck edged up versus a basket of key currencies, underpinned by a steep dip in demand for safe-haven currencies because geopolitical uncertainty relieved after North Korea stood away from conducting another nuclear test over the weekend as previously anticipated.
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…