RATE Group | Trump lifts dollar after the Fed fallout, Bitcoin blasts $9,000, ECB, US jobless claims …
87056
post-template-default,single,single-post,postid-87056,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Trump lifts dollar after the Fed fallout, Bitcoin blasts $9,000, ECB, US jobless claims …

30 Apr Trump lifts dollar after the Fed fallout, Bitcoin blasts $9,000, ECB, US jobless claims …

Posted at 06:37h in Bitcoin News by

Here is what you need to know on Thursday, April 30:

April is ending with a bang with markets digesting comments from US President Donald Trump and the Federal Reserve’s decision. Events are coming thick and fast with top eurozone data, the European Central Bank’s decision, and weekly jobless claims. 

The safe-haven US dollar has been recovering after Trump harshly criticized China for its implementation of the trade deal and for handling coronavirus. He added that Beijing will do anything to prevent him from being reelected. These fresh tensions between the world’s largest economies have soured the previously upbeat sentiment. Chinese Purchasing Managers’ Indexes for April reflected stability, reflecting minor growth, yet evidence independent research suggests most factories are probably far from full capacity. 

The Fed reiterated its commitment to supporting the economy and vowed to keep interest rates low and buy bonds “at the amount needed.” The…

Source link

Tags:
, , , , , , , , , ,