Market News

The pound sterling was able to maintain positive momentum against its European counterpart during London trade on Wednesday, but lost ground against the greenback.

Yesterday, Bitcoin gained 2.68% against the US dollar, hitting an all-time high and trading above the $50,000 level for the first time.

U.S. indices settle modestly lower after hitting all-time highs; BTC remains above $50,000 level.

Bitcoin and the S&P 500 Index are hitting new record highs with bullish momentum, making these assets obvious targets for market bulls.

Optimism over the efforts of the UK government's aggressive immunization program has helped push the pound sterling higher against its major counterparts.

U.S. Indices Trading Off-Hours at Records; Nikkei 225 Roaring Ahead; Bitcoin New High Just Below $50k; U.S. Dollar Continues to Weaken.

Market hopes that the UK's third lockdown will soon end have helped push the GBP/USD pair above the $1.39 level, the first such occurrence in almost three years.

U.S. Indices Trading at Records; Nikkei 225 Above 30K; Bitcoin Breaks $49K; U.S. Dollar Continues to Weaken.

The US Dollar is poised to record a losing week, the first in the last three, despite moving higher in Asian trade.

In today’s Forex market, most long-term trends are slowly turning into consolidation patterns. The notable exception is the British pound, which continues to go from strength to strength.

The pound sterling remained within recent trading ranges which included, at the high end, prices above the $1.38 level for the GBP/USD.

Nikkei 225 at Strong New High; U.S. Indices Trade Sideways at Tops; U.S. Dollar Continues to Weaken.

The GBP/USD pair broke above the key level of $1.38, a level not seen sine April 2018, with market optimism continuing to boost the currency.

Stock Rally Continues; Bitcoin Peaks Above $48k; U.S. Dollar Continues to Weaken.

The pound sterling struck a near 3-year peak versus the US dollar and was also moving toward an 8-month high versus the euro during London trade.