
South Korea's citizens reacted angrily to a proposed ban on cryptocurrency exchanges, with politicians and residents alike condemning the move.
via CoinDesk
The US was expected to report a rise of 0.2% m/m and 2.1% in headline CPI. More importantly, core CPI carried expectations for a gain of 0.2% m/m and 1.7% y/y. Retail sales were predicted to rise 0.4% and so were core retail sales and the control group, the core of the core. — more [...]
The post US core CPI beats with 1.8% – good enough for the dollar? Not necessarily appeared first on Forex Crunch.
Euro/dollar hesitated under the 2017 high of 1.2090. No more. It made a clear break and is at 1.2127 at the time of writing. The weakness of the dollar is the main driver, but the euro also enjoys the bullish ECB meeting minutes. Given the 1.20 to 1.2090 range, we can extrapolate an additional 90 [...]
The post EUR/USD breaks to the highest levels in 3 years – levels appeared first on Forex Crunch.