Economy / Finance

Dollar slumps to 6-week low, Bitcoin steadies after weekend drop

0

The dollar slumped to a six-week low against major peers on Monday, with Treasury yields near their lowest in five weeks, after the U.S. Federal Reserve reiterated its view that any spike in inflation was likely to be temporary. The dollar was also held down by improved risk sentiment amid a rally in global stocks to record highs. Bitcoin stabilized after losses from Sunday, when it plunged as much as 14% to $51,541, which a report attributed to news of a power outage in China. The dollar index , which tracks it against six other currencies, fell to 91.079, not…

This content is for Q17 Membership, Classified Membership, and LifeTime Patriot Membership members only.
Login Join Now
QNavy
QNavy is a pool a 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

04/19/21: Press Briefing by White House COVID-19 Response Team and Public Officials

Previous article

04/19/21: Press Briefing by Press Secretary Jen Psaki

Next article

You may also like

Comments

Comments are closed.