The USD/JPY is rallying sharply as investors are underpinning the greenback against the Japanese yen on a likely interest rate hike from the Federal R

EURUSD, H4 The European Central Bank (ECB) left interest rates unchanged yesterday, but surprised by announcing the end of the APP asset purchase program in Q3, with accelerating cuts in April at 40 billion euros, 30 billion euros in May and 20 billion euros in June compared to the previous schedule of EUR 40 billion […]

Bitcoin dropped 8% to $38,000, erasing much of its recent rally.  The latest sell-off was triggered by data showing strength in the U.S. jobs market, which furthers the case for a Federal Reserve rate hike this month. Traders were now looking at $35,000 as the next support level. A breach would put Bitcoin exactly where

The post Bitcoin Price Slumps After U.S. Jobs Data, Is $35k The Next Support? appeared first on CoinGape.

Finance professor Jeremy Siegel warns that Bitcoin could ‘take over’ if the dollar continues to lose value. 

Mr. Powell reiterated that the US Federal Reserve is preparing to increase interest rates this month, despite the uncertainty of Ukraine crisis remain. (Read More)

On Friday, January 21, EUR/USD is up 0.23% to trade at 1.1337. The DXY dollar index is down 0.07% and is at 95.67. The US currency continued to weaken amid fears that inflation in the first month of the new 2022 remains as high as in the past 2021. The greenback has taken a breather […]