News that US Trump lead lawyer in Russia probe left, and that the country took additional steps on tariffs on China, triggered risk aversion. Wall Street plunge helps the greenback.
Despite another round of encouraging UK macroeconomic figures, the Bank of England stayed pat, failing to motivate Pound buyers.
The USD/JPY pair fell to its lowest since February, when it posted a multi-month low of 105.24, with the following bounce leaving the pair in bearish territory.
Bitcoin price analysis: BTC/USD price has broken an ascending wedge to the downside, as selling pressure returns
The Bitcoin price is seen nursing losses of over 3% during trading on Thursday, as the market bears look at returning and resuming the downtrend seen. At the start of the week, the market had been a break from the downside pressure, however that may have been short-lived.
Monero price is bleeding red on Thursday as the market plays catchup to the news that another social media platform is banning cryptocurrencies. Monero is down by 8% in the last 24 hours from trading highs of $235.
France has come up with a proper working group that will regulate cryptocurrencies in the country. The group will also work on ensuring that the digital assets like Bitcoin and other altcoins do not infringe on the core economic industry.
We're looking to analyze three important Altcoins today: Stellar Lumens, IOTA and NEO. Each of them are following a very similar path that has been set by the main Cryptocurrencies. STR, IOT and NEO reached lows on Sunday March 19th, leaving...
The Bank of England kept monetary policy unchanged at 0.50%.
The US weekly jobless claims are seen reaching 225K on March 16.
The US manufacturing PMI is expected to rise to 55.5 with services ticking down to 55.8 and composite PMI decelerating to 55.7 in March.
The Bank of England Deputy Governor Sir David Ramsden is scheduled to deliver closing remarks at the International FinTech Conference, in London at 17:00 GMT.
The Bank of Canada Deputy Governor Carolyn Wilkins is scheduled to speak at the Rotman School of Management, in Toronto at 19:00 GMT with the text of her speech released at the Bank of Canada website 15 minutes before the speech is due.Read Full Report