Bitcoin has fallen enormously amid the wider sell-off in risk assets. The cryptocurrency plunged by nearly 20% this week, marking the largest drop since March.
Tag - usd
Latest news and the technical analysis fo major pairs are here!
After the words of Fed Chair Jerome Powell, the market has got confidence.
The risk-on is back on the market as investors focus on the projections for a stronger-than-expected economic rebound and the Fed’s pledge to prolong support for the rest of the year.
Stock indices S&P 500 and Nasdaq are falling for seven days in a row. The New Zealand dollar skyrocketed to almost two-years highs. Fed’s Powell held a meeting yesterday and said that the central bank wouldn’t tight its easing policy anytime soon.
We have an aggressive GBP, recovering USD, bullish WTI oil, and some interesting moves in the stock market. Watch out those levels!
On Thursday, February 25, at 15:30, the initial jobless claims will be published in the US.
The poor labor data in combination with technicals pointing to the overbought area, GBP/USD has all chances to pullback down.
USD/CHF and EUR/CHF rose to tactical highs. What's next?
Will we see new dovish insights?
A new week starts with fresh tops of the oil market, crypto, and bond yields…
It looks like the final week of February will be volatile…