Is the winter of cryptomarket finally over? Or do we get ahead of ourselves when making this statement?
Greenback rebounds in Asia
On Tuesday, the evergreen buck gained smartly versus the Japanese yen in Asia in rebound trade because Donald Trump told that the America would proceed with its military support to Afghanistan after 16 years.
The currency pair USD/JPY hit 10.9.27 soaring 0.28%. Meanwhile, AUD/USD showed 0.798, staying intact. As for GBP/USD, this pair demonstrated 1.1885, descending 0.13%.
Overnight, the American currency slumped versus a basket of global currencies amid a leap in safe-haven demand, reacting to renewed geopolitical tension in the Korean Peninsula, caused by US-South Korea military drills.
The US dollar lost ground versus safe-haven currencies like the Japanese yen as well as the Swiss franc after on Monday America and South Korea started computer-simulated military drills.
The Chicago Fed Activity Index, gauging economic activity as well as inflation projections, missed hopes moderately, dipping 0.01% to 0.15 from last month.
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…