Bitcoin trades downside against the greenback during Friday Asian session. The warning from the Financial adviser seems to pressure the Bitcoin. The president of Payne Capital Management, Ryan Payne has warned that crypto is “one of the biggest bubbles ever.” Stressing that the crypto market is “becoming a bigger and bigger casino,” he predicts that [...]
Aussie trades upside against the greenback in the Thursday Asian session. This move can be related to the strong prints of the Consumer Price Index (CPI) and Producer Price Index (PPI) from Australia’s largest customer, China. China’s headline CPI jumped the most since August 2020, by 2.3% YoY and 0.4% MoM in November. The factory-gate [...]
The yellow metal rose against the greenback for the second consecutive day on Wednesday and is trading around $1790 at the time of writing. The reason can be linked to the retreat in the U.S. Treasury yields and the dollar eased, with investor now changing their focus to key inflation data due this week that [...]
Pound is trading high against the greenback on Tuesday. The Slide in the dollar can be the reason behind this move. The Benchmark 10-year and 30-year US Treasury yields have pulled back from their one-week highs hit on Tuesday and are sliding further in Asia which is pressuring the greenback. The Market mood also improved [...]
