What you need to know on Friday, November 12: The dollar continued to advance in the absence of another catalyst that could divert investors’ attention from skyrocketing inflation. Poor UK data fueled the depressing mood as the UK reported 1.3% quarterly growth in the three months to September, much worse than the 5.5% previously and […]
Tag: Cryptocurrencies
Dollar strengthens as inflation fears return
Here’s what you need to know to trade during today’s Asian session Thursday, November 11: Risk aversion took hold of the financial markets and the safe-haven US dollar made the most of it. The catalyst was US inflation, as the annual consumer price index soared to its highest level in three decades, reaching 6.3% year-on-year […]
Bitcoin and Ether hit historic highs – At 3.1 trillion. dollars the capitalization of cryptocurrencies
Bitcoin and Ether hit record highs on Tuesday as the cryptocurrency market expanded its rally in recent days, with analysts estimating that investors are turning to crypto seeking hedging against the risks of rising inflation. Bitcoin, the most popular digital currency in the world, jumped up 3.6% to $ 68,513, and then “braked” to $ […]
Bitcoin and Ether at record rates – At 3.1 trillion. dollars the capitalization of cryptocurrencies
LAST UPDATE: 14.10 Bitcoin and Ether hit record highs on Tuesday as the cryptocurrency market expanded its rally in recent days, with analysts estimating that investors are turning to crypto seeking hedging against the risks of rising inflation. Bitcoin, the most popular digital currency in the world, jumped up 3.6% to $ 68,513, and then […]
Bitcoin and Ether at record rates – At $ 3.1 trillion. the capitalization of crypto
LAST UPDATE: 14.10 Bitcoin and Ether hit record highs on Tuesday as the cryptocurrency market expanded its rally in recent days, with analysts estimating that investors are turning to crypto seeking hedging against the risks of rising inflation. Bitcoin, the most popular digital currency in the world, jumped up 3.6% to $ 68,513, and then […]
The dollar corrects lower in a slow start to the week
This is what you need to know to operate the Tuesday, November 9: The greenback gave up some ground on a quiet Monday. The week started with China reporting a record surplus of the trade balance, although imports increased less than expected, with notable falls in the purchase of oil and soybeans. Several policy makers […]
Ether continues at record rates, surpassing $ 4,700
Ether continues its record-breaking run over the last 10 days, surpassing $ 4,700 for the first time. The second largest cryptocurrency in the world based on its capitalization, reached $ 4,737 on Sunday night, according to data from Kraken, while on Monday morning it hovered at $ 4,720, an increase of about 2% in the […]
Cryptocurrency Rally – Ether Exceeds $ 4,700, Bitcoin Gains 4.8%
LAST UPDATE: 13.30 Cryptocurrencies rallied on Monday, as the price of Bitcoin “broke” the $ 65,000 mark again and is heading for a record high of 66,923.50 on October 20, while Ether continues its successive record. in the last 10 days, exceeding today for the first time $ 4,700. In particular, Bitcoin strengthened by 4.8% […]
Forex Today – Asian Session: Dollar Lowers As Fed Delivers But Doesn’t Promise
What you need to know on Thursday, November 4: The US dollar closed with modest losses on Wednesday against most of its main rivals, following the monetary policy announcement by the US Federal Reserve. The US central bank kept interest rates unchanged as expected and announced the reduction of its asset purchases by $ 15 […]
Forex Today – Asian Session: Dollar Bulls Paused Ahead of Critical Central Bank Announcements
What you need to know on Tuesday, November 2: The dollar was lower on Monday against most major rivals, but its upside potential remains intact. Market participants were cautiously optimistic pushing global equities higher and favoring a modest rally in government bond yields. However, several central banks will release new monetary policy decisions, including the […]