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…
US currency regains footing after American government shutdown
On Monday, the evergreen buck regained some footing having dived earlier on an American government shutdown, underpinned by higher Treasury yields. Meanwhile, traders took rather a calm view of the crisis in Washington.
On Friday, the American government shutdown occurred after Republicans and Democrats, locked in a fierce clash as for immigration as well as border security, turned to be unable to agree on a last-minute deal to finance government operations.
On Sunday, Republican and Democratic leaders held negotiations for the purpose of breaking the impasse.
The US dollar index versus a basket of six key currencies initially went down to 90.155, although last it gained 0.1%, managing to stay above the three-year minimums of 90.113 reached on Thursday.
The euro declined to $1.2221 having soared to $1.2275, although unable to regain the three-year maximum of $1.2323 hit on Wednesday.
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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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