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Forex Today: Increased Risk on the US Greenback


Greenbacks or the American dollar has fallen since Friday. The drop in the valuation of the greenback occurred as a result of the US Federal Reserve Chair Jerome Powell’s comments. The US Federal Reserve Chair spoke at the Jackson Hole Symposium in July stating that lawmakers had given the matter...

AUD/JPY Is in Focus for the End of Week Risk Events


The Aussie dollar has remained relatively stable in recent months, rising in comparison to weaker counterparts such as the Japanese yen. AUD/JPY – Australian Dollar/Japanese Yen is highly correlated to the risk appetite, which is used as a risk gauge in the currency market. According to forex...

TrustDice


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Ethereum, Altcoins Drop Against Bitcoin Amid Risk Asset Seloff, Strong USD


Bitcoin price is following a bearish path below the USD 32,000 pivot level. BTC even broke the main USD 30,000 support zone. The price is currently (04:23 UTC) moving lower and it could even test the USD 28,000 support in the near term. However, BTC is the best performing major cryptoasset today...

Bitcoin, Ethereum and Altcoins At Risk of Major Breakdown


Bitcoin price failed to overcome selling pressure and it remained well below USD 35,000. As a result, BTC saw a fresh decline below the USD 33,500 support. It is currently (04:25 UTC) showing a few bearish signs, but the USD 32,200 support holds the key. Similarly, most major altcoins are slowly...

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