Latest News: NZD/USD
EUR/USD is trading around 1.1100, in familiar ranges. Italian President Mattarella will explore if a new government can be formed after PM Conte resigned. The FOMC Minutes are eyed later in the day.
GBP/USD is trading below 1.2150, losing some ground. UK PM Johnson will meet German Chancellor Merkel in Berlin after the latter called for finding practical solutions on the Irish backstop.
Bitcoin continues to prove many analysts’ predictions right. Especially those predicting that a drop to $9,000 is necessary before the next rally that might close in on $20,000.
Ripple’s senior vice president of Xpring, Ethan Beard, said that they’re working on widespread adoption of XRP. Xpring has already invested at least $500 M in more than 20 companies.
The bearish wave is not slowing down for the second day in a row. Ethereum’s failure to break above $205 hurdles seems to have killed bull’s confidence in the recovery.