Tag: foreign exchange markets

Bitcoin ETF? A crypto Holy Grail. But don’t expect to see one soon, say experts

Bitcoin prices are on the rise, notwithstanding a recent bout of weakness, but experts interviewed by MarketWatch caution that although it may feel inevitable, an...

Bitcoin sees bear-market skid — living up to its reputation for seismic price swings

Bitcoin prices entered bear-market territory over the weekend, typically defined as a decline from a recent peak of at least 20%. Stop us if you’ve...

This fund is betting millions on Kentucky whiskey and turning it into crypto assets. Here’s why

A California-based digital asset specialist purchased 2,500 barrels of new Kentucky whiskey by the end of 2020, betting that the barrels will increase in value...

Dollar suffers first annual drop since 2017

The U.S. dollar went from life preserver to castaway in a topsy-turvy 2020 that many investors think marks the start of a downtrend for the...

British pound sees a pop as U.K. and EU set to go ‘the extra mile’ on Brexit deal

Financial markets were set to parse news that U.K. and EU leaders agreed that they should go “the extra mile” to try to find a...

A ‘severe’ drop is imminent, this ‘3 Musketeers’ stock market is signaling, says contrarian strategist

This year’s recovery for equity markets in the face of a deadly pandemic has been remarkable, so a strong December would seem to follow. But...

These ‘whales’ could stand in the way of a year-end rally for stocks, warns strategist

Optimism is building for stocks as U.S. investors return from the Thanksgiving Day holiday, though volumes may stay light for Friday as some stretch out...

Bitcoin price plunges over 10% to stage Thanksgiving correction

Bitcoin prices tumbled Thanksgiving Thursday, with the No.1 cryptocurrency, pulling back sharply just at it was on the verge of notching its first all-time high...

Here’s the best way to hedge the weakening U.S. dollar and buying gold isn’t the move

Don’t look for gold to hedge a falling dollar. That may be a surprise since gold GC00, +0.51% is often the first asset that investors...

Asian markets gain, despite Hong Kong economy posting worst quarter since 1974

Asian markets gained in early trading Tuesday, though many of the region’s largest indexes were closed for holidays. Hong Kong’s Hang Seng Index HSI, +0.52%...

Don’t look now—much-maligned bitcoin is outperforming gold and bullish investors are eyeing $10,000 and beyond

Bitcoin is on the rise lately amid the coronavirus pandemic that has rocked financial markets world-wide. The world’s most prominent digital currency has been enjoying...

IMF isn’t convinced the global economy can shake the ‘Great Lockdown’ by 2021

The International Monetary Fund on Tuesday forecast that the global economy would recover partially next year from the “Great Lockdown” of 2020, but the economists...