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Market Overview - Page 582


Dollar in waiting for Powell’s remarks today
Dollar in waiting for Powell’s remarks today

The U.S. dollar has returned to growth on the comments from the Fed officials about the need of further rates increases this year and next one. At the end of the day, the dollar index added 0.5% to 95.50. Robert.

Russian ruble tremors continue on sanctions fears
Russian ruble tremors continue on sanctions fears

The Russian Central Bank said Thursday it will halt foreign currency purchases, a move that helped the ruble to recover from its lowest level against the dollar since 2016. The ruble, which had endured another day of turbulence amid the.

Midday EURUSD roundup
Midday EURUSD roundup

USD could not keep its upward impulse of this morning. During the day DXY fell from 95.4 level at one point to 95.10. Decreasing to 95, the former strong resistance, which now becomes a support, seems to be a good.

Market Overreaction? Bitcoin Price Drops 4% as More ETFs Get Rejected
Market Overreaction? Bitcoin Price Drops 4% as More ETFs Get Rejected

Over the past 24 hours, the crypto market has dropped slightly in value, led by the 4 percent decline in the Bitcoin price. Ethereum, Ripple, and Bitcoin Cash fell by 5 percent. The majority of analysts in the space have.

U.S. economy set to slow from here on, damaged by trade war
U.S. economy set to slow from here on, damaged by trade war

.S. economic growth will slow steadily over the coming quarters after touching a four-year high in April-June, according to a Reuters poll of economists who expect President Donald Trump’s trade war to inflict damage. Boosted in part by a $1.5.

Rejected Again: SEC [Predictably] Denies 9 Bitcoin ETF Proposals
Rejected Again: SEC [Predictably] Denies 9 Bitcoin ETF Proposals

The hopes of Bitcoin bulls ate dust once again as the Securities and Exchange Commission (SEC) disapproved nine more Bitcoin ETF applications. The US regulator rejected two ETFs by ProShares that would track Bitcoin future contracts, five inversed and leveraged.

FOMC supports dollar defending its rate-hike plan
FOMC supports dollar defending its rate-hike plan

The American dollar adds to major competitors after publishing FOMC minutes of the previous meeting. The dollar index adds 0.4% in response to the protocols to the July meeting, when the Committee members have discussed further policy of interest rate.

U.S. sanctions fears push ruble toward two-year low
U.S. sanctions fears push ruble toward two-year low

The ruble weakened toward its lowest in more than two years on Wednesday as traders priced in the risk of more U.S. sanctions and foreign currency purchases by the Russian central bank took their toll. The ruble has shed more.

Midday EURUSD roundup
Midday EURUSD roundup

USDX fell back to 95.00 on DXY, the fellow major resistance that may come support. Dollar is still under pressure after Trumps comments about Fed policy. EURUSD is trading near 1.1600, on two weeks highs from 1.1570 at the day.

Trump quickly put dollar back to trading range. What’s next?
Trump quickly put dollar back to trading range. What’s next?

The weakening of the dollar, caused by Trump’s comments, continues. The dollar index sank by 0.3% for the past 24 hours to 95.1, having played down the growth of the beginning of August and returned to the upper border of.

Bitcoin Price Climbs $400 In 20 Minutes to Reach 2-Week High
Bitcoin Price Climbs $400 In 20 Minutes to Reach 2-Week High

Bitcoin, the world’s largest cryptocurrency by market capitalization, has jumped 6.6 percent, pushing prices above $6,600 for the first time in weeks. At 01:00 UTC, just after Tuesday’s close, the cryptocurrency leapt $428 over the course of 20 minutes to.

Nvidia Quits Crypto Due to Low Profit, Not Because of Decline in Demand
Nvidia Quits Crypto Due to Low Profit, Not Because of Decline in Demand

The world’s largest graphic card and chip maker Nvidia has officially put an end to its crypto venture, with the official announcement of its CFO Colette Kress. In a statement, Kress said: “We believe we’ve reached a normal period as.

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