Search Results for: currencies
Cryptocurrencies continue to struggle on Friday
August 27th, 2021
Cryptocurrencies remained under pressure for the past 24 hours as they struggled to find support amid high volatility. Though some recovery has been observed in Bitcoin, all most other popular cryptocurrencies fell. The cryptocurrency market has been under pressure ...
The dollar was pinned near recent lows against other currencies
August 4th, 2021
The dollar was pinned near recent lows against other currencies on Tuesday, as traders awaited U.S. jobs data for a guide to the rates outlook, while labor market strength lifted the kiwi in anticipation of a New Zealand rate ...
Most emerging market currencies rose on Friday
June 25th, 2021
Most emerging market currencies rose on Friday, and were set for a strong finish to a week marked by several interest rate hikes across the space as well as waning fears over immediate policy tightening by the U.S. Federal ...
The real point of cryptocurrencies is not their price
May 27th, 2021
The Wall Street Journal recently posted an email conversation between columnist Andy Kessler and billionaire Mark Cuban in which Cuban explains the real point of cryptocurrencies. Hint: It has nothing to do with the price of bitcoin or ethereum. ...
Bitcoin plunges 30%; Other cryptocurrencies also plunged
May 20th, 2021
Bitcoin plunged 30% to near $30,000 at one point on Wednesday, continuing a major sell-off in the cryptocurrency markets that began a week ago. The digital currency hit as low as $30,001.51 as the selling intensified Wednesday before paring ...
Cryptocurrencies combined are now worth more than Apple
April 15th, 2021
The cryptocurrency market is now worth more than the world’s most valuable company. It comes after record-breaking price climbs for three of the largest cryptocurrencies on Tuesday, just a day before the initial public offering (IPO) of one of ...
Most emerging Asian currencies were little changed on Thursday
April 15th, 2021
Most emerging Asian currencies were little changed on Thursday as investors digested the Federal Reserve’s continued dovish stance and awaited more key U.S. economic data before making further moves. Indonesian 10-year benchmark yields rise 6.5 basis points to 6.638% ...
The dollar was poised to extend gains against major currencies on Monday
April 5th, 2021
The dollar was poised to extend gains against major currencies on Monday after the U.S. jobs report at the end of last week showed the nation’s labor market is recovering from the impact of the coronavirus shock. The focus ...
The dollar rose on Friday; Riskier currencies lost out
March 12th, 2021
The dollar rose on Friday, recovering its losses from the day before, as a spike in Treasury yields early in the European session triggered a risk-off move in global currency markets, with riskier currencies taking a hit. Market participants ...
Dollar dipped against a basket of currencies; Gold prices rose
December 29th, 2020
Gold prices rose on Tuesday as the dollar eased, while investors kept a close watch on a U.S. Senate vote on increased pandemic aid checks to individuals. Fundamentals Spot gold rose 0.5% to $1,880.06 per ounce by 0108 GMT, ...
