GBP/USD is sliding in early European trade Tuesday despite the release of marginally better than expected UK jobs data, with a firmer US Dollar adding to its weakness.
The anti-risk US Dollar rose while stocks swooned in Asia-Pacific trade as China pulled close to US$12 billion from the banking system. More of the same may be ahead.
Will the US Dollar fall versus the Singapore Dollar, Taiwanese Dollar and Philippine Peso if a fiscal stimulus delay pressures Treasury yields? The Fed and earnings may keep risk appetite…
Wall Street stocks were mixed overnight as markets adjusted expectations for the US fiscal stimulus plan. A strengthening US Dollar may undermine Asia-Pacific equities following Monday’s strong rally.
The Bitcoin/Ethereum ratio’s break to its lowest levels since August 2018 suggests that ETH may continue to outperform BTC in the coming weeks. Key levels to watch for Bitcoin and…