Bitcoin just set a new all-time high just minute ago, exploding from $34,000 to $35,800. The cryptocurrency has since retraced slightly to $35,300 as the breakout has slowed to some extent. BTC’s rally appears to be a by-product of news that the democrats are expected to win the Georgia Senate elections, which will determine the [...]
The Australian dollars rose against the greenback on Tuesday, clawing back the previous day's losses as markets bet on a quick economic recovery in 2021 once corona virus vaccinations are widely distributed. Early Tuesday in Asia, Sydney Morning Herald (SMH) quoted Australian Prime Minister Scott Morrison who spoke to a local radio station during late [...]
EUR/USD is charting gains with the US dollar on the offer despite corona virus concerns and weak China data. Fears over the new strain of the corona virus are forcing major nations to take stricter steps. The US corona virus outbreak will likely get worse in coming weeks, Dr. Anthony Fauci, director of the National [...]
USD/JPY drops down during the early Thursday’s trading. The yen pair ignores off in Japan while cheering the US dollar weakness. The US dollar index (DXY) drops to the fresh multi-month low of 89.51. The cautious optimism over the US coronavirus (COVID-19) stimulus and vaccine favor, coupled with the passage of the Brexit deal, exerts [...]
