The world's biggest and best-known cryptocurrency Bitcoin has gained positive movement from second consecutive day from the year's low of $27,734. Continued macro events last week took the market by surprise and accelerated the fall in prices. China's crypto trading cryptocurrency was hit hard last week, and the announcement came as a shock to Bitcoin [...]
Gold is looking to wrap September down consolidates the monthly losses, the heaviest since June. Today session may be made for yellow metal struggling to remain in neutral territory. The yellow metal bounces off low as traders remain cautious over the key challenges to sentiment and also rising U.S. Treasury yields continued to apply pressure. [...]
The Aussie is under pressure today among skids in global stock markets and an increase in bond yields that will make the U.S. dollar a more attractive investment. The comments by members of the Federal Reserve have boosted rising energy prices and inflationary concerns and push the U.S. yields and the dollar into higher. Meanwhile, [...]
The US dollar has been enjoying its peak level around the rise in Treasury yields ahead of Federal Reserve speakers this week, confirming expectations that asset purchases will begin to decline by the end of this year. The U.S. economy will soon meet the Federal Reserve's bar for beginning to reduce its bond purchase program, [...]
