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Improving Market Sentiment Thanks to China While other non-safe haven currencies traded higher as coronavirus fears eased, EURUSD traded lower. The currency pair was the biggest loser in yesterday’s trading, closing 0.14% lower from its opening price at 1.1044. The coronavirus has yet to show signs of slowing down. As [...]
The USDJPY is benefitting from market performances in Asia and Europe, as well as news of possible further stimulus from the People's Bank of China (PBoC). Markets in Asia and Europe were able to claw back on losses of yesterday to end in positive territory, which set the pace for [...]
In response to the coronavirus outbreak, the Peoples Bank of China (PBoC) has injected the sum of $173billion to stave off panic and reintroduce calm into the markets. This action by the PBoC may have started to have an impact on Bitcoin prices, with the forcing action to as high [...]
Ripple price action has stalled at the key resistance area of 0.25308 as attempts to push further to the upside appear to have faltered. This Ripple price move seems to be in tandem with similar price moves in other cryptocurrencies. For instance, Bitcoin price touched the $9600 before pulling back [...]