Asia FX weak, dollar near 3-yr low on trade war fears; yen soars on haven demand

Asia FX weak, dollar near 3-yr low on trade war fears; yen soars on haven demand
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Asia FX weak, dollar near 3-yr low on trade war fears; yen soars on haven demand
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XRP has been riding a wave of renewed optimism, sparking debate over whether the token can continue outperforming Bitcoin during this bull cycle. According to CoinMarketCap data, the token is up nearly 4% and trading around $3. However, from a broader perspective, the payment-focused token is facing a long-term price resistance level. With chart patterns…
What makes the structure of the FX markets a particularly good fit for the use of Cloud services? The structure of FX markets is uniquely suited for cloud services due to its decentralized, over-the-counter (OTC) nature and inherent liquidity fragmentation. Unlike listed markets such as equities, where trading is centralized on exchanges, the FX market…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov June kicks off with a series of big election results around the world – with big landslides unfolding for favoured candidates in Mexico and India – while Wall Street has perked up in a key week for the U.S….
As shown on the Coinbase Global (COIN) chart, the company’s share price has dropped below $330, marking a 17% decline from this month’s high. Bearish sentiment took hold last Friday after Donald Trump floated the idea of imposing 100% tariffs on Chinese goods:→ Since then, the cryptocurrency market has struggled to find support.→ Today, BTC/USD…
The trade war is once again grinding its gears, and Beijing is showing no signs of slamming the brakes. This isn’t an April rerun—it’s more like a sequel written by a director who’s had enough of being lectured by Hollywood. China has moved from veiled warnings to active retaliation, limiting U.S. entities tied to South…
Data released Saturday by the People’s Bank of China revealed that it has resumed buying gold. It was the largest official buyer in the world in 2023 as it looked to be headed on a multi-year effort to diversify out of US dollars. That changed this year as officials seemingly became price sensitive as buying…