Bitcoin rebounds to $83,400 as stocks recover from Korea tech sell-off
Bitcoin rose 1.03% to $83,369 after dipping near $81,000, as US stocks shrugged off a Korea tech rout and traders looked to Wednesday's CPI data.
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Bitcoin rose 1.03% to $83,369 after dipping near $81,000, as US stocks shrugged off a Korea tech rout and traders looked to Wednesday's CPI data.
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The dollar index slipped from an 18-month high as oil eased and yields fell, while sterling gained on BoE hike bets ahead of Wednesday's US inflation data.
GBP/USD's ECB fixing rose 0.08% to 1.3246 as BoE hike bets lifted sterling. We use the move to explain base and quote currency for new forex traders.
The dollar index slipped from an 18-month high in Asia as EUR/USD steadied near 1.1165, while RBA minutes backed prompt action and Japan's PPI missed.
The US Dollar Index slipped below 102.50 in Asia after an 18-month high. We use the ECB fixings to explain how a dollar index measures the greenback.
The dollar index hit an 18-month high as an energy truce faltered and Fed's Hammack called for higher rates, while EUR/GBP fell to a fresh yearly low.
EUR/GBP slid to a fresh yearly low as Fed hike talk lifted the dollar. We use the ECB fixings to show new forex traders how a cross rate is calculated.
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