Bitcoin steadies after a plunge
The latest bouts of volatility are not unusual for bitcoin and cryptocurrency markets in general
Bitcoin price has steadied around the $50,000 psychological level on Thursday following the recent...
Dovish Powell weighs on dollar
The upcoming House vote on Joe Biden’s $1.9-trillion stimulus bill could add to the selling pressure surrounding the greenback
The US dollar index stays depressed around 90.00 following Powell’s...
Gold failed to hold at one-week highs
The overall bullish trend remains intact in the markets as investors continue to price in economic recovery
Gold prices briefly rose to one-week highs around $1,815 earlier in the...
Euro off lows as dollar recovery losses steam
EURUSD has got a lift from upbeat economic data out of Germany
Following gains in Asia, dollar recovery is losing steam during the European hours as risk sentiment looks...
Risk sentiment improved at the end of the week
Eurozone composite PMI rose to a two-month high in February
Following some profit-taking across the global financial markets, stocks managed to regain a bullish tone as risk sentiment has...
Euro in recovery mode, but bullish potential limited
The upside potential for the euro is capped by the fact that the level of infections remains high within Europe for the time being
The euro proceeded to recovery...
Bitcoin price hits $50,000, further gains ahead
It looks like the digital coin will retain a strong bullish tone in the short term despite the overbought conditions
Bitcoin price has finally broken above the $50,000 psychological...
Gold lacks recovery momentum despite dollar weakness
The reason behind metal’s inability to regain ground is the upbeat market mood
Gold prices turned marginally positive on Tuesday following three days of losses. The precious metal bounced...
Dollar continues to struggle at the start of the week
Rising oil prices adding to the negative tone surrounding the American currency
The dollar stays under the selling pressure against its major counterparts on Monday as positive risk sentiment...
Profit-taking in the oil market looks appropriate
The futures slipped below the $60.50 area, now threatening the $60 handle
This week, oil prices broke the multiyear downward trend following a rise above the $60/barrel resistance level....
