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Forex Today: Dollar pares gains but retain gains


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Cryptocurrencies Price Prediction: Altcoins, Ethereum & Bitcoin – American Wrap 05 May


May 5, 2021 21:21 GMTCrypto News
Altcoins just repeated a move that could launch them 27,000% higher
The altcoin market cap has flipped its previous cycle high to support and the last time that happened, it gained 27,623% in a year. Altcoins have delivered huge gains this year, but if they repeat their 2017 moves, hodlers may be looking at an insane 27,000% moonshot. According to popular trader Rekt Capital, those are the potential combined returns for altcoin investors if history repeats itself this year. 
 
Three reasons why the ‘other Ethereum’ has pumped 130% in the last week
Ethereum Classic (ETC) continues to maintain its parabolic price action advance that began in late March. Data from crypto market aggregator Coingecko shows ETC is up almost 50% in the last 24-hour trading period as of the time of writing. Indeed, the 20th-ranked crypto by market capitalization is currently at an all-time high above $76. ....

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Forex Today: US progress boosts the greenback


May 4, 2021 22:11 GMTFXStreet News
What you need to know on Wednesday, May 5:
 The American dollar was the overall winner this Tuesday, advancing against most of its major rivals. The greenback got boosted by local data suggesting continued economic improvement, but also by comments from
US Treasury Secretary Janet Yellen, who said that  “interest rates will have to rise somewhat to make sure that our economy doesn’t overheat.” Yellen will participate in another event early in the upcoming Asian session, and her words my spur additional dollar gains. EUR/USD ended the day just above the 1.2000 level.
Brexit returns to the spotlight. The pound remained subdued and closed the day sub-1.3900 against the greenback. The ....

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Forex Today: Sentiment leads the way


Apr 21, 2021 21:57 GMTFXStreet News
What you need to know on Thursday, April 22:
Currencies moved according to stocks and sentiment, amid quite a
scarce macroeconomic calendar. The dollar came under selling pressure in the last trading session of the day, with major pairs seesawing between gains and losses to finish the day within familiar levels.  
The EUR/USD pair briefly pierced the 1.2000 level but ended the day unchanged around 1.2030. GBP/USD had similar behaviour, falling to a fresh weekly low before trimming intraday gains.
The Canadian dollar soared after the
Bank of Canada decided to leave its key rate unchanged at 0.25%, while cut the weekly net purchases of the government of Canada bonds to a target of C$3 billion from C$4 billion. The policy statement noted that the “adjustment to the amount of incremental stimulus being added each week reflects the progress made in the economic recovery.”  USDCAD settled just below 1.2500 after bottomi ....

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