After hitting a new all-time high price approaching $67,000 earlier today, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc. According to data from Fiatmarketcap, Bitcoin’s market cap was more than $1.263 trillion when the price of the crypto asset reached an all-time high of roughly $67,000 earlier today. […]
Bitcoin briefly flippens Swiss franc after rally to new ATH Read More »
European majors turn generally softer today, in particular, with Sterling paring some gains after strong but lower than expected consumer inflation data. Dollar also weakens with treasury yield dipping slightly while Yen is trying to recover. But overall, Kiwi and Aussie maintain their position as the best performer. US futures are pointing to a flat
Sterling Retreats after CPI, Euro and Swiss Franc Lower Too Read More »
Looks to test the 61.8% of the 2021 trading range The NZDUSD is trading up for the sixth consecutive day today. The NZD is also the strongest of the majors today. Over that period the price has moved up nearly 300 pips. The price moved above its 100 day moving average last Wednesday, and Extended above its
NZDUSD works on the 6th straight up day Read More »
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The U.S. Treasury sells $24 billion of 20 year bonds at a high yield of 2.10% Read More »
NEW DELHI: Gold prices traded higher on Wednesday ahead of the busy festive season, bucking the global trend. Surging US bond yields have dented the yellow metal’s appeal. Gold futures on MCX were trading higher 0.21 per cent, or Rs 100, at Rs 47,380 per 10 gram. Silver futures were marginally up 0.04 per cent
Gold rate today: Yellow metal edge higher, silver near Rs 64,500 Read More »
Paul Tudor Jones Michael Nagle | Bloomberg | Getty Images Billionaire hedge fund manager Paul Tudor Jones believes that inflation is here to stay, posing a major threat to the U.S. markets and economy. “I think to me the number one issue facing Main Street investors is inflation, and it’s pretty clear to me that inflation is