Category: Rebounds

  • Shekel rebounds strongly despite continued tension

    Despite Israel remaining on edge following Iran’s vow to avenge the assassination of Hamas political leader Ismail Haniyeh in Tehran last week, the shekel made sharp gains today. The day’s gains cap a week of shekel weakness that saw the Israeli currency trade at its weakest level against the U.S.…

  • Bitcoin Rebounds Past $56,000, ETH Over $2,500: Key Factors

    Bitcoin and crypto markets saw a strong recovery on Tuesday, with Bitcoin crossing the $56,000 mark and Ethereum surpassing $2,500, recovering from a “Monday low.” Yesterday, Bitcoin fell more than 15%, touching lows near $49,000, while Ethereum dropped more than 20% to a low of $2,115. The Bitcoin and cryptocurrency…

  • Dollar rebounds after hefty losses; euro, sterling slip By Investing.com

    The US dollar rose on Tuesday, recouping some recent losses as a measure of calm returned to foreign exchange markets. At 06:20 ET (10:20 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.4% at 102.907, after falling to a seven-month low…

  • Bitcoin Hashrate Hits Brand New All-Time High As BTC Price Rebounds

    Bitcoin Hash Rate It recently hit an all-time high amid a price rally for the leading cryptocurrency. This development is significant given what it means for Bitcoin Ecosystem And how this might affect prices in the future. Bitcoin hash rate hits all-time high Data From the Hashrate Index, it appears…

  • Japanese officials quiet on forex as yen sharply rebounds By Reuters

    Written by Makiko Yamazaki RIO DE JANEIRO (Reuters) – Japanese Finance Minister Shunichi Suzuki and top currency diplomat Masato Kanda declined to comment on foreign exchange rates on Wednesday as the yen rose to its highest level against the dollar in more than two months. Asked about the yen’s recent…

  • Dollar slips after Biden pulls out, euro rebounds after losses By Investing.com

    Investing.com – The U.S. dollar fell on Monday after U.S. President Joe Biden’s decision to end his re-election campaign, with the euro benefiting despite its weak tone after last week’s European Central Bank meeting. At 06:00 ET (10:00 GMT), the dollar index, which tracks the greenback against a basket of…

  • Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses?

    Despite the crypto market’s recovery, a significant number of Cardano holders are still suffering losses, leading to speculation as to why. Data from IntoTheBlock shows that the altcoin is the worst performing in terms of profitability when it comes to the top 10 cryptocurrencies by market cap, disappointing its holders…

  • Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses?

    Despite the crypto market’s recovery, a significant number of Cardano holders are still suffering losses, leading to speculation as to why. Data from IntoTheBlock shows that the altcoin is the worst performing in terms of profitability when it comes to the top 10 cryptocurrencies by market cap, disappointing its holders…

  • Cardano climbs as cryptocurrency market rebounds

    Cardano (ADABitcoin (BTC), the eighth-largest cryptocurrency by market cap, has seen a significant price increase of 3.4% in the past 24 hours. Cardano’s price surge comes amid a broader rally in the cryptocurrency market. Bitcoin and Ethereum are also seeing slight gains of 2.5% and 2.2%, respectively. bullish reversal Technical…

  • Cardano climbs as cryptocurrency market rebounds

    Cardano (ADABitcoin (BTC), the eighth-largest cryptocurrency by market cap, has seen a significant price increase of 3.4% in the past 24 hours. Cardano’s price surge comes amid a broader rally in the cryptocurrency market. Bitcoin and Ethereum are also seeing slight gains of 2.5% and 2.2%, respectively. bullish reversal Technical…

  • Tesco Sees Surge in Sales as Shopper Confidence Rebounds

    Tesco, the UK’s largest retailer, has reported a marked increase in shopper confidence, reflected in “strong” sales growth over the past three months. The supermarket giant saw a nearly 5% rise in UK sales, as shoppers bought more items and switched to Tesco from rivals. The increase in sales was…

  • US dollar rebounds from multi-month lows, yen rallies By Reuters

    By Gertrude Chavez-Dreyfus and Harry Robertson NEW YORK/LONDON (Reuters) – The U.S. dollar rose on Tuesday after falling overnight to its lowest levels against the euro, sterling and Swiss franc since mid-March, as investors consolidated gains in other currencies ahead of a key nonfarm payrolls report later this week. .…

  • Dollar rebounds ahead of PCE release; euro slips after German retail sales By Investing.com

    Investing.com – The US dollar rose slightly in early European trade on Friday, rebounding from the previous session’s losses ahead of key inflation data, which could push future interest rate expectations. At 04:30 EST (08:30 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…

  • Dollar rebounds as equities dip, eyes on Treasury auctions By Investing.com

    Investing.com – On Wednesday, the DXY index rose past the 105 mark. This move sparked debates among market watchers about whether this signifies the beginning of a new upward trend or is merely a continuation of range trading amid a period of low volatility. The recent pattern of weak results…

  • Forexlive Americas FX news wrap 28 May: USD rebounds helped by rising yields &confidence

    US consumer confidence came in much better than expected in the US session. The index moved to 102.00 versus estimates of 95.9 details: The current situation index is 143.1 compared to 142.9 previously Expectations Index 74.6 compared to the previous 66.4 Hard-to-find jobs 13.5 vs. 15.5 previously 16.9% of consumers…

  • Asia FX on guard before payrolls data, yen rebounds amid likely intervention By Investing.com

    Asia FX on guard before payrolls data, yen rebounds amid likely intervention By Investing.com

    Investing.com — Most Asian currencies rose slightly on Friday, benefiting from a lower dollar as markets retreated ahead of key US jobs data that is likely to weigh on interest rates. The dollar was also under pressure due to the recovery of the Japanese yen, which moved further away from…