Market Overview - Page 247

Bitcoin has unsuccessfully tried to reach the long-awaited psychological level of $20K several times. All attempts so far have ended with profit-taking and correction. The main question that now concerns all participants of the crypto market – is the current.

The single currency rose sharply on Tuesday evening, taking EURUSD to 1,2080, new highs since April 2018, due to a difference in macroeconomic data. The sharp jump broke the established trading range and potentially opened the way for growth in.

Boris Johnson suffered a revolt by 55 of his own Conservative Party colleagues Tuesday — his biggest rebellion in a parliamentary vote since he won a historic majority at last December’s election. The scale of the Tory uprising over England’s.

The price of bitcoin was able to hit as high as $19,920, according to CoinDesk 20 data, before momentum stalled. Traders began hitting the sell button, taking the price to as low as $18,171 before it recovered. It was at.

Australia’s economy rebounded sharply in the third quarter from a coronavirus-induced recession as consumer spending surged though the country’s top central banker signalled monetary policy will stay accommodative for a while. Data out earlier showed the A$2 trillion ($1.5 trillion).

Oil prices extended losses on Wednesday, hit by a surprise build in oil inventories in the United States and as OPEC and its allies left markets in limbo by delaying a formal meeting to decide whether to increase output in.

Stocks in Asia-Pacific were mixed in Wednesday trade after major indexes on Wall Street surged to record highs overnight. Hong Kong’s Hang Seng index was fractionally lower by the afternoon. Trading of Xiaomi shares in Hong Kong was suspended. Reuters.

Former Federal Reserve Chair Janet Yellen has been nominated by President-elect Joe Biden as his Treasury secretary — a position that would make her, if confirmed by the Senate, a critical figure in U.S. trade negotiations with China. U.S.-China tensions.

The Libra Association put together by Facebook last year is rebranding in further efforts to distance itself from the original Facebook-led vision rolled out last year. The group, composed of 27 member firms, announced Tuesday it was changing its name.

While you’ve been watching the price of bitcoin soar to an all-time high, another cryptocurrency has been quietly staging a comeback of its own. Ether, the world’s second-largest virtual currency by market value, is up about 350% since the start.

Stock markets have returned to growth at the start of the new month. The pressure at the end of November was caused by the desire to grab some profit after a month of stellar growth. Similar pressure was exerted on.

Bitcoin’s price hit an all-time high in the past 24 hours, trading as much as $19,850, according to CoinDesk 20 data. The price then dipped and was at $19,436 as of press time.  “Institutional inflows may have been much of.