Daily News: Monday, March 12
Friday US jobs mixed data negatively affected the US dollar but supported stocks and commodity currencies…
Forex News
Key information updates for profitable trading
PBOC: Bitcoin can’t be legitimate for payments
Zhou Xiaochua, the Governor of the People’s Bank of China, has uncovered that the Asian country’s major financial institution doesn’t accept Bitcoin as well as any other crypto assets as legitimate forms of payment…
Gold edges down to 1-week minimums on strengthening greenback
On Friday, gold sank to one-week minimums because positive American employment data gave further support to the evergreen buck, while news of an upcoming gathering between America and North-Korean leaders kept backing risk sentiment…
American futures stand still ahead of jobs data
On Friday, American futures were intact because market participants pause their trading before the latest jobs news later in the day…
US unemployment rate demonstrates 4% low
In February, American job surge demonstrated an upbeat move, bringing the country’s unemployment rate to a more than 17-year minimum of 4%…
Evergreen buck hovers over 1-week maximums ahead of NFP report
On Friday, the major American currency stuck to one-week maximums versus other key currencies because market participants waited for the publication of decisive American employment data…
Weekly CryptoNews
The winter is not receding…
American weekly jobless claims rebound from 48-year minimum
The previous week the overall number of US filing for unemployment benefits managed to rebound from a more than 48-year minimum, although the trend kept pointing to firm labor market conditions…
Common currency reverses revenues
On Thursday, the common currency reversed revenues after European Central Bank President Mario Draghi dared to downplay a decision to drop a promise to expand its quantitative easing initiative from its rate statement…
Cryptocurrencies keep diving as SEC warns against illegal exchanges
On Thursday, Bitcoin as well as other crypto assets kept diving after the Securities and Exchange Commission dared to warn against suspicious crypto exchanges…
ECB press conference: live coverage
As expected, the European Central Bank left monetary policy unchanged…
Receding trade fears back European equities
On Thursday, European equities tacked on in early deals…
