EUR/USD has dropped sharply below 1.10 after German Manufacturing PMI dropped to 41.4 and other figures are disappointed. Fears of a recession are mounting. ECB's Draghi speaks later.
GBP/USD is trading below 1.25, little changed. PM Johnson has expressed optimism ahead of meetings with EU leaders in New York. The opposition Labour Party's is trying to iron out its position on Brexit.
Today is the day – the release of futures on Bitcoin by ICE – owner among others by the all-powerful NYSE. This initiative, channeled through the trading platform Bakkt, will allow trading futures on Bitcoin with delivery to maturity.
Litecoin, now the fifth-largest digital asset with the current market value of $4.5 billion, has lost nearly 50% of its value in just three months. While the coin managed to regain some ground from the recent low of $62.16, it is still mored in the long-term bearish trend.
Ripple’s XRP topped at $0.3268 on September 18 and has been on retreat ever since. The coin has been sliding down for the fifth day in a row and hit $0.2682 low on Sunday.