On Friday, digital coins went up, with Bitcoin making its way towards the psychologically crucial $4,000 level…
Greenback steadies ahead of major bank meetings
On Tuesday, the evergreen buck stood still versus a basket of currencies, with the focus on the Fed’s two-day gathering, while the Canadian dollar managed to grow after Canada’s major financial institution suggested interest rates could leap sooner than anticipated.
The dollar index, normally gauging the US dollar against crucial rivals, hit 97.245, overleaping its seven-month minimum of 96.511 reached the previous week.
As for the Canadian dollar, it showed its best outcome for two months, keeping to C$1.3287 per greenback, extending its profits, having climbed more than 1% on Monday.
The Loonie obtained a lift right after a senior Bank of Canada official dared to raise the prospect that an interest rate lift could emerge sooner than anticipated.
With the major American supposed to lift its interest rates, traders’ focus shift to new hints on the pace of further tightening, its assessment of the US economy and also outlook on inflation.
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…