On Friday, digital coins went up, with Bitcoin making its way towards the psychologically crucial $4,000 level…
Greenback soars vs. yen
On Wednesday, the US dollar regained some traction against the Japanese yen during Asia trade, while remaining under pressure after North Korea launched a ballistic missile into the sea.
The launch, coming just ahead of a summit between Chinese and American leaders, backed demand for the perceived safe-haven Japanese yen, which tends to go up in times of risk aversion or geopolitical tension.
The greenback actually got some help from Japanese importers on a so-called "gotobi" date. That’s a multiple of five on which accounts are normally settled.
However, worries about the upcoming China-U.S. summit capped the greenback’s upside, as well as ascending speculation that US President Donald Trump will experience challenges implementing his promised movies in the wake of his administration's recent failure to pass healthcare reform.
The greenback added 0.1%, hitting 110.85 yen, drifting away from its overnight minimum of 110.27, though quite below last Friday's 10-day high of 112.19 yen.
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…