The single currency slipped against the greenback in today’s trading as the Central Bank of Germany warns about the slowing economic activity. The EURUSD trading pair was seen edging up by 0.01% to 0.05% in sessions. The trading pair reached ranges between $1.1074 and $1.1089 in Tuesday’s trading sessions. Recently, Germany’s central bank warned about …
The British pound currency regained much needed strength in trading sessions. The support came from the bounce back of the U.S. Treasury yields and the announcement of China’s central bank. The People’s Bank of China said that they will use market-based reform plans to help lower lending rates and support China’s slowing economy. The pound …
Earlier, Bitcoin and other cryptocurrencies survived the Congressional grilling on Facebook’s proposed digital currency offering. An enduring increase at the regulatory environment is being experienced by the cryptocurrencies. Meanwhile, most of the US government leaders focused their attention to Facebook’s newly proposed cryptocurrency, Libra. Currently, regulations limit the reach of the Congress on Libra since it …
Fb Crypto under Examination by the Reserve Bank of Australia Read More »
The Payment System Board has recently discussed Facebook’s proposal for the introduction of a “global cryptocurrency.” The Payments System Board is one of the two boards of the Reserve Bank of Australia. Today, it has posted an update regarding its August 2019 Meeting. It also had a discussion about the declaration. This part of the Reserve …
The Reserve Bank of Australia Probes Fb Crypto Proposal Read More »
The greenback is seen gaining ground against the pound sterling (GBPUSD) after the release of the positive US retail sales data. The US market was delighted with the news and the US dollar index steadied. The US dollar index or DXY inched up 0.07% or 0.07 points today. The pound dollar exchange rate rose 0.24% …
Japan’s currency receives much attention from traders as the possibility of a global recession looms. The Japanese yen gained strength as traders focus on safe haven assets. The recent news about the United States Treasury yields bolstered the yen in past trading sessions. Analysts are blaming the prolonged trade war between US and China for …
The Japanese yen remains in green territories against major currencies in today’s trading. The JPY received support from the slipping treasury yields that worried traders for the downward run of the global economy. As investors turn to safe haven such as precious metals and the yen, the Japanese currency gets stronger. The USD to JPY …
On Monday, after the close, Japan stocks were lower as shrinkage in the Paper & Pulp, Railway & Bus and Real Estate sectors drove shares lower. At the close in Tokyo, the Nikkei 225 weakened 1.74% hitting a 1-month low. The best performer on the stock exchange that was recorded on the session of the Nikkei 225 was Toyobo Co. Ltd., which gained 5.01% or …
Japan And Australian Shares Depreciate at The Stock Exchange Read More »
On Thursday, after the trading gains in the Paper & Pulp, Railway & Bus, and Real Estate sectors led shares higher, Japan stocks increased on the stock exchange. At the end of trading in Tokyo, the Nikkei 225 grew 0.22% to hit a new 1-month high. Advantest Corp. was the best performer of the session …
Stock Exchange: Japan and Australia’s Stocks Fortify Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDJPY The pair is trading near a strong support line after trading higher than the 50-day moving average on the daily chart. The overall trend appears to be going back to the bullish side, …
On Monday, the dollar strengthened against the yen on the forex markets. Investors toughened outlooks for an aggressive Federal Reserve interest rate cut later this month. The dollar grew 0.2% versus the yen to 107.92 due to the rise in U.S yields. Friday’s modest gains were pushed by the benchmark 10-year Treasury yield and scaled …
On Tuesday in Asia, after the Reserve Bank of Australia cut interest rates, the Aussie dollar gained. Meanwhile, the U.S. dollar plunged with the ongoing trade cease-fire between the U.S. and China. The greenback, which is against a basket of other currencies, glided 0.1% to 96.352 as tracked by the U.S. dollar index. U.S. President …
Reserve Bank of Australia: US Dollar Weakens, AUD Strengthens as RBA Cuts Rates Read More »
Price history of dollar reaches one-week high as trade truce spurs dampening safe-haven assets. Click here now! – Wibest Broker
Bitcoin massively fell by $1,400 as Coinbase crashed, while Bitrue loses $5 million in hackers. Click here for more! – Wibest Broker
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDUSD The pair is seen rising to their monthly high after breaking a resistance level at the 0.69436 level, converging with the 50-day moving average and poised to continue to go up. This comes …
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