The USD/JPY weekly forecast shows a positive outlook as improved risk appetite impacts the yen, driving the pair higher. The U.S. is prepared to reduce tariffs on China, easing trade tensions and boosting the dollar. Market attention will be on the upcoming Bank of Japan policy meeting. Last week, the dollar regained strength while the ...
On Tuesday, Bitcoin and Ethereum experienced significant price increases, signaling renewed investor confidence. Bitcoin nearly reached $94,000, marking its biggest daily gain since April, while Ethereum surged to $1,175, its best performance since early April. This rally was fueled by easing trade tensions and supportive comments from U.S. officials, including Treasury Secretary Scott Bessent and ...
Recent declines in the US dollar, with the DXY hitting 99.72, highlight increasing trade tensions with China. This situation complicates the usual belief that a weaker dollar could benefit stocks by making US exports cheaper and attracting foreign investment. Currently, falling stock prices and rising bond yields defy traditional Market dynamics, indicating a shift in ...
On Wednesday, US stocks dropped sharply after Federal Reserve Chair Jerome Powell warned that President Donald Trump’s tariffs could have significant and uncertain effects on the economy. The Dow fell 700 points, while the S&P 500 and Nasdaq saw even larger declines. Powell noted that the impact of the larger-than-expected tariff increases could lead to ...
China’s economy experienced unexpected growth in the first quarter, but officials expressed concerns about the pressures from US tariffs. Asian stock markets faced volatility after Nvidia announced new US licensing rules, affecting chip shipments to China and heightening tensions between the two economic superpowers. This news followed a temporary calm in global markets, which reacted ...
China’s economy surprised experts by growing more than expected in the first quarter, but officials cautioned that US tariffs are putting pressure on it. Investor confidence took a hit after Nvidia announced new US licensing rules for chip exports to China, highlighting ongoing tensions between the two economic superpowers. As the trade standoff continues, markets ...
Bitdeer, a Bitcoin mining company, is expanding its operations in self-mining and U.S.-based production amid global trade tensions. The company is shifting its focus to mining Bitcoin directly due to decreased demand for its mining hardware from other miners. Bitdeer’s head of capital markets, Jeff LaBerge, emphasized the importance of prioritizing self-mining and plans to ...
Bitcoin has recently bounced back to $84,500, partly due to President Trump’s announcement about temporary tariff relief on imports. However, optimism quickly waned as the trade situation with China remains uncertain. This has prevented Bitcoin from breaking above $86,000, and many traders are showing limited interest in short-term gains. Additionally, sentiment in the Bitcoin Market ...
Bitcoin recently climbed back to $84,500, partly due to US President Trump’s announcement about temporary tariff relief. However, traders quickly became cautious as they realized this relief might not last, especially concerning tariffs on electronics. This uncertainty has kept Bitcoin from rising above $86,000. The mood in the Market has cooled, with futures contracts showing ...
On April 14, US Treasury yields for both 2-year and 10-year bonds fell as Bitcoin experienced its strongest weekly performance since January, climbing 6.79%. While the dip in yields suggests investors may be shifting towards riskier assets like Bitcoin due to concerns about temporary tariff exemptions and trade tensions, it also introduces volatility. Bitcoin recently ...
