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February 25, 2021

Finance

Finance

Dollar slips as risk sentiment improves

TOKYO (JAPAN) – The US dollar witnessed a slip to three-year lows against the British pound and antipodean currencies on Wednesday. The prospect of extended easy monetary conditions globally bolstered the urge for riskier assets among investors. The New Zealand dollar saw a brief dip before heading to the highest since April 2018, which was […]
Finance

Dollar witnesses six-week low as Powell draws attention

SINGAPORE – The dollar suffered losses, found to be the lowest in six weeks on Tuesday, and commodity-linked currencies were hovering around multi-year highs. This occurred, as the focus of investors shifted to what the response of US Federal Reserve chief Jerome Powell might be to resurgent inflation expectations. Increase in prices for materials such […]
Finance

Bitcoin, ether continue rally

SINGAPORE – In Asian trading on Saturday, the most popular cryptocurrency, bitcoin, hit a fresh high, extending its two-month rally which witnessed its market capitalisation cross $1 trillion a day earlier. Bitcoin climbed to a record $56,620, taking its weekly gain to 18%. It has spiked more than 92% this year. The cryptocurrency’s gains have […]