Market Overview - Page 443

Market overview FX: The dollar index retreated from local highs, falling 0.3% to 98.0. USDCNH fell to 7.0, but did not dare to cross the round level. EURUSD stayed above 1.1000. GBPUSD retreats to 1.2870 from highs at the end.

Coinbase’s Visa debit card has expanded support for five more cryptocurrencies in ten new jurisdictions, the firm announced in two separate tweets on Nov. 14. Launched in April 2019, Coinbase Card now supports a total of nine cryptocurrencies in 29.

Market overview FX: The dollar index maintains its positions near monthly highs. AUDUSD lost 0.5% after weak employment data. EURUSD rebounds for the second day in a row after attempts to lower under 1.1000. GBPUSD remains at 1.2850, gaining 20.

Germany has narrowly avoided a technical recession, after the latest figures showed the country’s economy grew by 0.1% in the third quarter. Germany’s GDP (gross domestic product) rate exceeded the -0.1% contraction expected by analysts. On an annual basis, the.

The soft data underscored the need for a Phase-one trade deal with the U.S. to put a floor under business confidence. Even as the economy has lost steam, the government and central bank have refrained from dumping stimulus into the.

Last week was plenty unsuccessful for Gold. It was the worst week over the previous two years, as the precious metal depreciated by 3.6%. Started this week with a decline, the Gold found support near the $1,450 area, from where.

The Chinese yuan could strengthen against the greenback if China and the U.S. sign a so-called phase one trade agreement, according to an economist from Credit Agricole. “We believe that if this phase one deal is done, including no more.

The Federal Reserve is unlikely to adjust interest rates anytime soon so long as the economy remains on its present path, central bank Chairman Jerome Powell told Congress on Wednesday. In commentary he provided to the Joint Economic Committee, Powell.

Market overview FX: The dollar index maintains its gains near monthly highs. NZDUSD adds 1% from the beginning of the day after maintaining the RBNZ rate. Besides, the volatility of the foreign exchange market reduced. GBPUSD has settled around 1.2850.

Major US stock indices are stuck at the top, settling the 4th trading session near the historical highs on S&P 500 and Dow Jones. Nasdaq keeps positive dynamics, but intraday growth has become much more cautious, as it often happens.

Millennials are lapping Gen Xers when it comes to retirement prep. Insider and Morning Consult recently surveyed Americans about their financial health, debt, earnings, and savings. Of the roughly 2,000 survey respondents, 670 were millennials, defined as ages 23 to.

Global greenhouse-gas pollution rose for a second year, ending a lull in emissions and putting the world on track for further increases through 2040 unless governments take radical action. The findings in the International Energy Agency’s annual report on energy.