Bitcoin dives 14%, slumping below $5,000
On Tuesday, crypto assets dived, with Bitcoin decreasing below the psychologically crucial $5,000 mark for the first time this year…
Greenback stands still versus other majors ahead of American inflation data
On Thursday, the evergreen buck didn’t change versus a basket of the other key currencies because market participants waited for reports on American consumer inflation later in the day for new indications on whether the major US bank will raise rates again in 2017.
Estimating the greenback’s actual value versus a trade-weighted basket of six main currencies, the US dollar index hit 91.39.
The given index has ascended 1.14% so far this week, drifting away from the previous week’s more than two-year minimums amid a relief soar spurred by reduced concerns over North Korea’s nuclear program as well as the economic impact of Hurricane Irma.
Renewed expectations for the Trump's administrations plans for a tax overhaul underpinned the evergreen buck on Wednesday.
The greenback sank versus the Japanese yen, with USD/JPY showing 110.36.
The common currency was a bit higher, with EUR/USD being worth 1.1894, staying below last Friday’s two-and-a-half year maximums of 1.2091.
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Yuan goes down
On Monday, the Chinese Yuan headed south, while the evergreen buck rallied because US-China relations worsened over the weekend…
Greenback is affected by cautious Clarida remarks
On Friday, the evergreen buck declined versus its counterparts due to the fact that Fed Vice Chairman Richard Clarida expressed concerns as for global surge and came up with quite dovish remarks on monetary policy…
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Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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