Monthly archive April, 2018

Cryptocurrency Daily Roundup – Apr. 27

Bitcoin has sustained the upward momentum from a late Thursday rebound, Friday morning. After a slump early Thursday, apparently due to profit-booking, crypto market sentiment was boosted by some positive remarks from the CEO of Nasdaq, which struck a deal Read More →

U.S. Consumer Sentiment Drops Less Than Initially Estimated In April

With consumer expectations dropping less than previously indicated, the University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by less than initially estimated in the month of April. The report said the consumer sentiment Read More →

Crypto Weekly – Apr. 27

Cryptocurrency prices had a strong opening to the week and the upward momentum lasted till Wednesday, when some profit-booking set in. A rebound was witnessed late Thursday that has sustained into Friday thus far. The price of Bitcoin crossed $9,000 Read More →

UK Economy Expands At Slowest Pace Since 2012

The UK economy expanded at the slowest pace in more than five years in the first quarter, as activity was damped by severe weather, the Office for National Statistics said Friday. Gross domestic product grew only 0.1 percent in the Read More →

Draghi Says Growth Moderation Is Broad-based, Warns Against Protectionism

Eurozone growth momentum has softened since the start of the year, but is expected to remain solid and broad-based, European Central Bank President Mario Draghi said Thursday. "This moderation may in part reflect a pull-back from the high pace of Read More →

Interest rate differentials continue to support USD; Euro eyes ECB

US Dollar index attained the highest level since last April as the price reached highs of 91.26 throughout Wednesday’s session. The USD’s rise seems to be motivated by 4-year highs in US 10 yr treasury yields.

The USD took Read More →