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Bitcoin lurks by $22K as US dollar falls from peak, Ethereum gains 20%
19.7.2022
It's all about Ethereum for crypto traders on the day as Bitcoin faces crucial resistance and a slew of sellers lying in wait
Australian Dollar Falls Against the US Dollar, with Surge in US Yield
22.4.2022
Forex brokers are institutions or individuals who have been duly authorized to perform transactions related to foreign exchange. In the case of Australia, forex brokers must be authorized by the Australian Securities and Investment Commission, also known as ASIC. The Australian Dollar has emerged...
Australian Dollar Recovers While US Dollar Falls Further
1.2.2022
The week started on a rough note for the dollar as the safe haven dropped again on Tuesday. The currency has been on a falling spree ever since the Fed hinted at increasing the interest rates in March. On the other hand, the news spelled good news for risk-sensitive currencies like the pound....
Dollar Falls and Stalls as Investors Await Hearing
11.1.2022
The dollar value went down today morning in Asia, but still, it managed to remain near the middle of the latest range. All the investors are now waiting to hear from Jerome Powell’s Senate Banking Committee of the U.S. Federal Reserve Reserve for any type of clues on the speed as well as...
Dollar Falls Down, One Week Low, as Omicron Fear Eases
30.11.2021
Earlier on Tuesday, the rate of the Dollar was down in Asia, one week lower than the previous week due to the significant concerns of Covid-19’s new variant Omicron. The concern was also about the economy of the US and the delayed Federal Reserve hike in the interest rate of the US. The World...
Federal Reserve’s Expected Inflation Ramp-Up Drives Institutional Investors to Hedge With Bitcoin
10.8.2020
The U.S. Federal Reserve is expected to ramp up inflation by keeping interest rates low. As the U.S. dollar falls sharply and gold’s price soars, institutional investors are moving their money into alternative investments, including bitcoin. Fed Policies Drive Demand for Bitcoin The Federal...
Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine
30.7.2020
The dollar index dropped to it's lowest level since May 2018
US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
9.7.2020
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing...