On Friday, digital coins went up, with Bitcoin making its way towards the psychologically crucial $4,000 level…
Greenback is set for weekly losses
On Friday, the US dollar nursed losses, staying on track for a losing week because geopolitical tensions backed the perceived safe-haven Japanese currency.
The dollar index, tracking the major US currency against a basket of six counterparts, steadied at 100.560 on the day, while declining 0.6% for the week.
On Thursday, Donald Trump told that North Korea happens to be a serious problem, which needs to be tackled, as China urged caution and rumors rose that Pyongyang might be preparing for a sixth nuclear test.
The major American currency grew 0.6% against the South Korean won, which kept to 1,136.5.
The US dollar soared 0.1% on the day, hitting 109.17 yen, but dropped 1.7% for the week.
Meanwhile, on Thursday, the US Treasury yield dipped to its lowest levels since November, following Trump’s remark that he appreciates low interest rates.
Against the Japanese yen, the common currency declined as low as 115.72, showing its lowest value since November.
Is the winter of cryptomarket finally over? Or do we get ahead of ourselves when making this statement?
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…
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…