Global markets are worried about the political woes in Tokyo as viral concerns resurfaced in early September and tapping chats are increased among this. Now the market’s wait for key US data and the hope that major central banks will have more time before easing monetary policies. Elsewhere, Japanese Prime Minister Yoshide Suga told reporters [...]
Euro pair is showing a bullish trend ahead on European session. The Currency pair is showing uptrend due to the losses in greenback and strong preliminary reading of Eurozone Consumer Price Index. Comments from the European Central Bank (ECB) policymakers, suggesting an extension of easy money policies, offer an extra boost to the EUR/USD upside. [...]
Federal Reserve Chairman Powell's long-anticipated speech on last week Friday at Jackson Hole provided fireworks but not quite what the market had expected. The dollar is at a several-week low today after Federal Reserve Chairman Jerome Powell said the storm that hit the oil fields in the Gulf of Mexico was slower than expected. The [...]
Fundamental view: Bitcoin portrayed a bullish trend against the greenback in this week. US dollar fall served a helping hand towards the Bitcoin uptrend. Other news also favors the Bitcoins. As per a news agency, Kyrgyzstan’s State Service for Regulation has developed a draft of regulations for crypto exchanges on August 25. The draft aims [...]
