Market Overview - Page 442

While there are some bearish technical signals for Bitcoin, the cryptocurrency has managed to hold the $9,000s against the odds. As of the time of writing this, BTC is changing hands for $9,250, up a mere 0.22% in the past.

Commerce Secretary Wilbur Ross said Sunday that licenses for United States companies to sell components to Chinese telecom giant Huawei are coming “very shortly,” and expressed hope that the U.S. would reach a trade deal with China this month. “We’re.

Nonfarm payrolls rose by 128,000 in October as the U.S. economy overcame the weight of the GM autoworkers’ strike and created jobs at a pace well above expectations. Even with a decline of 42,000 in the motor vehicles and parts.

The Bitcoin price has been showing a high level of volatility following its abrupt increase to $10,600 on Oct. 26, when Bitcoin (BTC) climbed by 43% against the United States dollar on a single day. According to Skew Markets, Bitcoin.

The U.S. dollar index could fall to as low as 85 as the Federal Reserve grows its balance sheet again by purchasing more bond assets, a Citi strategist said Thursday. “Our latest projections are that it would weaken even further.

It’s been called an online Iron Curtain. On Friday, a controversial law went into force that enables Russia to try to disconnect its internet from the rest of the world, worrying critics who fear the measure will promote online censorship..

Markets are trading at lowered volumes at the beginning on Friday morning due to All Saints’ Day in Europe and anticipation of major statistical publications later today. Today the US will publish indicators of the number of jobs and wages,.

Market overview FX: The dollar remains under pressure, declined another 0.1% at DXY. GBPUSD added 0.5% this morning, EURUSD virtually unchanged to Thursday’s close near 1.1150. Often, ahead of Payrolls report, market volatility drops noticeably, just to taking off immediately.

Today, Oct. 31, marks eleven years since the publication of the Bitcoin white paper by the still-mysterious person or group pseudonymously identified as Satoshi Nakamoto. Eleven years on, Bitcoin is consistently setting new records for its network hash rate —.

Chinese officials are casting doubts about reaching a comprehensive long-term trade deal with the U.S. even as the two sides get close to signing a “phase one” agreement. In private conversations with visitors to Beijing and other interlocutors in recent.

China’s recent multi-front embrace of blockchain technology has divided the global cryptocurrency community. While some see it as helpful validation, others worry that crypto is diverging further from its anti-authoritarian roots.

China’s three state telecoms on Thursday announced the roll-out 5G mobile phone services, marking a key step in Beijing’s ambitions to become a technology superpower at a time when it remains locked in trade tensions with Washington. China Mobile’s, China.