Latest News: Stocks
AUD/USD declines to 0.6830 during the initial Friday morning in Asia. The quote stretches losses made on Thursday as the second-tier Aussie data becomes the latest disappointment.
The USD/JPY is ending the day with modest losses, as despite encouraging words from US trade representatives, there’s nothing new on a trade deal with China.
Bitcoin hit the intraday bottom at $7,092 and recovered to the area above $7,400 by the time of writing. While it is still below Wednesday's high ($7,770), the upside momentum Amai gain traction if the price settles above pivotal $7,350 (61,8% Fibo retracement for the move from $3,226 to $13924).
Litecoin is trading at $44.33 after a minor recovery from $43.93 (intraday low). Over the last few days, apart from yesterday, Litecoin has been forming a lower high and a lower low pattern.
ETH/USD is trading `under $146.00, off the intraday low at $144.03. Despite the sharp movements on Wednesday, November 4, and during early Asian hours on Thursday, the second-largest digital asset has stayed unchanged on a day-to-day basis.