What you need to know for Thursday, January 28: Risk aversion took hold of financial markets mid-London session after ECB Governing Council member Klass Knot made explicit comments on possible future central bank policies. According to him, the central bank could decide to lower its deposit rate even further below zero if that was necessary […]
Tag: Cryptocurrencies
The dollar falls before the announcement of the Federal Reserve
What you need to know for Wednesday, January 27: The market mood was bitter early in the day, but improved during the European session, to the detriment of the US dollar. The dollar was lower against most major rivals, despite investors being cautious during the US session. Wall Street posted a modest intraday advance, while […]
Fears drive the dollar off to a dull start to the week
This is what you need to know to operate this Tuesday, January 26: The dollar appreciated on risk aversion, gaining primarily against high-yielding rivals. The grim mood was the result of disappointing macroeconomic data and news related to a new US stimulus package, as President Joe Biden faces opposition from Republican and Democratic lawmakers. Wall […]
Central banks didn’t impress, dollar in trouble
This is what you need to know to trade in the Asian session on Friday, January 22: He Bank of Japan and the European Central Bank held monetary policy meetings, but as widely anticipated, left their current policies unchanged, while pledging to continue supporting economies during the pandemic. The announcements have no impact on currencies, […]
Risk appetite, the dollar moves unevenly on the board
This is what you need to know to trade today Thursday, January 21 during the Asian session: Joe Biden he became the 46th president of the United States, in a quiet inaugural ceremony. Wall Street soared to all-time highs when he was sworn in, clinging to gains at the end of the day. Hopes for […]
The dollar is not out of the woods yet
This is what you need to know to trade today Wednesday, January 20 in the Asian session: He mood The market was bullish for the first half of the day, pushing the dollar lower against its high-yielding rivals. Investors awaited the comments of the candidate for Secretary of the Treasury, Janet Yellen, who spoke before […]
Ethereum price didn’t look so bullish against Bitcoin in the last three years
Ethereum’s price has skyrocketed and reached new all-time highs on some exchanges, but not all. The cryptocurrency has largely outperformed Bitcoin in the past 48 hours. Ethereum made a good advance to its previous all-time high and hit $ 1,438 on Binance, just $ 2 away. Ethereum is up over 11% against Bitcoin and has […]
Ethereum hits a new yearly high validating bullish price action
Ethereum has risen to new yearly highs after breaking the recent high reached in January, reaching 1.391$ in the European morning. The altcoin is now trading above $ 1,381, gaining 9.68% on the day, amidst the momentum to advance earnings toward $ 1,400. However, a daily close above $ 1,350 is required to validate the […]
Ripple could be on the verge of a breakout of $ 0.40
For the past two weeks, the price of XRP has been trading sideways. The digital asset has seen a significant loss in trading volume after the SEC decided to sue Ripple. After losing more than 60% of its value in December 2020, XRP has been trading sideways without much action during 2021. The SEC has […]
Bitcoin price shows ambiguity as 30% move is underway according to technical signals
The price of Bitcoin has been trading sideways in a tight range since January 8. The digital asset expects a clear breakout to the upside or a quibre to the downside as the range continues to narrow. Bitcoin has been trading within a tight range after setting a new all-time high at $ 41,950. The […]
