Key crypto assets leap
On Friday, Bitcoin as well as key crypto assets managed to ascend, thus finding themselves on track for back-to-back winning trading marathons…
Greenback surges against other majors
On Monday, the greenback was broadly higher versus other key rivals notwithstanding Friday's dismal American inflation data because political woes in Europe put pressure on the single currency.
The US currency had dropped after Friday’s data revealed that in September American consumer prices leapt less than anticipated, both on a monthly as well as annual basis.
The report drove uncertainty over whether the Fed will decide to lift interest rates before the end of 2017 or not.
On Sunday, Fed Chair Janet Yellen told that policymakers are going to pay much attention to inflation reports in the months ahead. Additionally, she stressed that the US economy is still strong enough and the strength of the labor market suggests gradual hikes in interest rates notwithstanding soft inflation.
The currency pair EUR/USD declined 0.30% being worth 1.1787 after Catalan President Carles Puigdemont didn’t manage to make it clear whether the region has declared its independence from Spain or not.
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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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