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ZACH PANDL
A 180% crypto rally shows new investing era as Bitcoin meltsMoney is moving from Bitcoin and Ether funds to crypto assets with a direct link to economic activity. The HYPE token, tied to the Hyperliq...- Bitcoin’s ‘jet-fueled’ 16% six-day jump takes token past $44,000For now Bitcoin momentum is overshadowing any concerns that the surge is at risk of becoming too stretched. Smaller virtual currencies such...
- Bitcoin soars to 1-1/2-year high on ETF betsBitcoin surged by 10% to reach 1.5-year highs, leading to a rise in crypto-related stocks. This increase was fueled by speculation surround...
- Asia stocks edge higher, dollar in the doldrumsJapan's Nikkei climbed 1.3% and South Korea rose 0.9%. Nasdaq futures added another 0.4%, after gaining 6.8% last week, while S&P 500 futur...
- Bitcoin may hit $100,000 by snatching market share from gold, says GoldmanIf Bitcoin’s share of the store of value market were “hypothetically” to rise to 50% over the next five years, its price would increase to ...
- Vaccine hopes boost euro, dollar on back foot as yields off highsThe moves are the reverse of what was happening in the first three months of the year when the dollar gained against the very same major cu...
- Yellen faces ‘Currency War’ redux as she ditches a strong dollarThe dollar has tumbled more than 13 per cent from its high last March, thanks in part to historic moves by the Federal Reserve to pump liqu...
- Decade of the dollar at imminent risk as uptrend break loomsDeutsche Bank’s Trade-Weighted Dollar Index has fallen to test the trendline in place since 2011, a break of which would be an important si...
- Dollar’s losses may just be getting startedThe currency is set to extend losses as a truce in the US-China trade war and signs that global growth is improving sap demand for haven as...
- Trump drags dollar to centre stage at G-20Finance ministers and central bankers this month agreed that a currency war is in no one’s interest.
- Currency strategists brace for trade war worst-case scenariosBank of America Corp. sees the Japanese yen strengthening as investors flee risky assets.
- Goldman says to bet on weak dollar after Powell commentsThe US dollar may be poised to decline, according to Goldman Sachs Group.
- Wall Street isn’t ruling out a Trump move to weaken the dollarA strong-dollar policy has been a cornerstone for successive US administrations.
- Goldman Sachs cools on long-dollar tradesBank closes long-dollar positioning against the euro, the sterling, and the Chinese yuan.
- 60% chance that US expansion lives to see ten year mark: Goldman SachsIf joblessness continues its recent pace of decline it would reach 4.2% a year from now and 3.8% in April 2017, according to Kelly.
- US Fed chief vows aggressive steps as recovery slowsThe US Fed chief has vowed to take aggressive steps to boost the economy as the world's largest economy's pace of growth slowed rapidly in ...
- US output expands, others lose steamAmerican cos see rebound in demand; euro crisis hurts elsewhere.
- US economy expandingIn another sign the worst of the US recession is over, a gauge of current conditions showed the economy steadied last month.
- Service industries probably contracted: US Economy PreviewService industries in the US probably shrank in June at a slower pace, signaling the worst recession in a half century is easing.
- Strong growth in gasoline prices lifts US retail salesUS retail sales rose for the first time in three months in May and the number of workers filing new claims for jobless benefits last week h...
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