The dollar continues to rebound against the Japanese yen, with USDJPY hitting a one-year high of 111 this morning in the face of diverging monetary policies and health conditions.
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The dollar has been trying to recover since the beginning of the week in the face of market participants' fears about the "Delta" variant of COVID-19.
Bitcoin rose over the weekend by as much as 8 percent to USD 35,280 before stabilizing today.
The Bank of England said Thursday it would continue to monitor inflation, which is expected to temporarily exceed 3 percent in the U.K. but left its monetary policy unchanged for now.
The EURUSD has been trying to recover since Tuesday after falling to a more than two-month low below $1.19 on Monday following the Fed's change in tone last week.
The price of bitcoin fell below $30,000 on Tuesday for the first time since late January, with the leading cryptocurrency suffering from Chinese efforts to regulate the decentralized market.
Gold prices fell sharply last week after the Fed changed course on monetary policy.
Yesterday, the FOMC left rates, the pace of asset purchases, and its stance unchanged, in line with expectations, yet the meeting was decidedly hawkish.
The dollar climbed Wednesday against the euro after the U.S. Central Bank (Fed) revised upward its inflation forecast for 2021 and announced its intention to raise rates twice in 2023.
Bitcoin's price maintains a medium-term bearish outlook, but a Tweet from Elon Musk about Tesla's ability to accept the cryptocurrency as payment again allowed for a sharp rise overnight.
美国CPI超预期,市场反应冷淡代表什么?
美股三大指数盘中震荡 收盘后全线收涨
宽松预期依旧不变,欧磅保持震荡
The European Central Bank is keeping its main economic support package to fight the pandemic running at full speed, even as the economy shows signs of recovery thanks to fewer cases of the virus and fewer restrictions on activity in the 19 countries that use the euro currency.
疫苗护照出炉!通行证解禁隔离,商务活动或将提振
美股波动幅度窄 市场静待今晚CPI数据
山雨欲来风满楼,欧央政策将来市场焦躁不安
The EURUSD is trading in the balance as it awaits the ECB on Thursday.