Lagarde Gets Ready To Give The Euro A Spin This Week
Officials at the European Central Bank are set to reveal their new monetary strategy this Thursday. These decisions are expected to really make a difference for the direction of the euro and for investors. Policymakers will modify their stance to reflect changes ranging from a slightly higher inflation target of 2% to an explicit assignment […]
Gold returns to the ring in the international market
The metal commodities market returns to the ring in the international market after new waves of infections caused by the Delta variation of covid-19. Gold remains close to 1800.0 dollars an ounce and 1820.0 and 1830.0 are estimated again (prices reached at the beginning of the pandemic). The new waves of contagion hit European and […]
BTC accumulates 30% losses in the last month
. The volatility of the crypto market is reflected again in today’s session when the two main cryptocurrencies in the market, BTC and ETH, after opening higher, they collapsed again. The lack of institutional support and the base in the offer – demand of the same, translates that before declarations of institutions or influential personalities […]
The recovery of employment, inflation and consumption: challenges of the second quarter in the economies
The market week that passed was defined by the increase in inflation in the United States of 0.8% and the fall in retail sales of 0.5% projected to a result of -0.8%. These data left the dollar at its lowest levels of its main crosses. The impact on inflation and the lack of incentive of […]
What’s behind new highs in ETH
The week begins with new all-time highs for the Ethereum price. The second cryptocurrency with the highest market capitalization, it has continuously exceeded its price in the last hours. The cryptocurrency broke the psychological barrier of $ 4000 dollars, holding fifteen days of maximum prices. The historical value reached on this day is $ […]
Trading projections for May 10-14
Week of annual market highs and lows await us next week. The bad American data finally revealed the final direction of the dollar. Economists expect to see job creation on the rise as more Americans get vaccinated and the economy picks up. The reality is that with government aid bonds the average American finds little […]
BTC advances due to institutional decisions.
This Monday, Bitcoin broke resistance levels to position above $ 58,000. The momentum taken on this day is due to the announcement made by the firm Visa Inc. It is a new institutional entity that joins a wide variety of firms that adopt cryptocurrencies. The adoption of the same conforming investment portfolios or in concept […]
The institutional advance in crypto investments
Crypto is once again in the news due to the interest of institutional investors in finding ways to invest in this type of asset. This Monday, following in Canada’s footsteps, it was announced in Brazil that a new investment fund made up of BTC will be launched. In the United States, there are several companies […]
BTC falls after new highs
Bitcoin (BTC), the largest-cap cryptocurrency on the market, crossed $ 60,000 and managed to break resistance around $ 58,000 over the weekend. The crypto, hours after exceeding said barrier and reached the record of $ 61,683.86, according to CoinDesk. The new record is contextualized after a period of declines and consolidation, after a turbulent February […]
New instrument for cryptos announced
According to a filing with the United States Securities and Exchange Commission (SEC), JPMorgan plans to launch a tool that will provide greater accessibility to the world of cryptocurrencies to its clients. The new instrument will be titled JPMorgan’s Cryptocurrency Exposure Basket. It is a set of reference stocks made up of cryptos or […]