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Investing.com — The euro has been fighting back against the dollar, following its a post-U.S. election ride lower, but Bank of America says now is the time to to renew bearish bets on the single currency again. “For, we believe that there is limited upside potential to 1.06 but more room to the downside, as…
Read More “Bearish bets on EUR/USD attractive again after latest fightback: BofA By Investing.com” »
By Stefano Rebaudo (Reuters) -The dollar rose on Tuesday ahead of U.S. inflation data which could offer clues about the Federal Reserve’s monetary easing path, while analysts assess the likely impact of Donald Trump’s policies when he begins his second term as U.S. President. The Australian dollar dropped sharply as the Reserve Bank of Australia…
Read More “US dollar steadies, Aussie drops after RBA, Chinese trade data By Reuters” »
Bitcoin falls 5% to $95,519 Source link
Investing.com – The US dollar drifted marginally lower Monday, with last week’s jobs report pointing to another Fed cut later this month, but losses were minor amid renewed uncertainty in the Middle East. At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower…
Read More “Dollar slips lower ahead of CPI; euro awaits ECB meeting By Investing.com” »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro rallied on Thursday as French government bonds steadied a day after the collapse of France’s government, even as bitcoin soared to a record past $100,000, with investors cheering the nomination of a pro-cryptocurrency head to run the U.S. Securities and Exchange Commission. The spread between French and…
Read More “Euro rebounds as French bonds stabilize; bitcoin jumps past $100,000 By Reuters” »
