Funds Steadfast In Corn, Soy Optimism As Market Awaits Direction | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Dollar firm amid US yield spike; bitcoin back below $60,000
Reuters/Tokyo Filed on March 15, 2021
Bitcoin retreated to below $60,000 amid a report that India will push ahead on a proposal to ban cryptocurrencies. The US dollar held firm on Monday after bouncing off a one-week low last week, supported by a spike in benchmark Treasury yields to more-than-one-year highs as inflation fears continued to smoulder.
Bitcoin retreated to below $60,000 amid a Reuters report that India will push ahead on a proposal to ban cryptocurrencies. It had surged to a record $61,781.83 over the weekend.
The greenback traded near its highest since June against the Japanese yen, which tends to weaken when Treasury yields rise.
CHICAGO, March 15 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) 8:30 a.m. CDT (1330 GMT) on Monday.WHEAT - Mixed, up 1 cent to down 1 cent per bushel Wheat futures choppy following weekend storms that brought beneficial moisture to dry areas of the U.S. Plains winter wheat belt. Early strength in the dollar adds pressure, in theory making U.S. grains less competitive globally.
The Canadian dollar was little changed against its U.S. counterpart on Monday as the greenback broadly climbed ahead of a Federal Reserve meeting this week and oil prices fell, with the loonie.
Column: Funds steadfast in corn, soy optimism as market awaits direction - Braun reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.