Market News

ECB Board Member Isabel Schnabel said that the bank is fighting against any increase in interest rates, claiming that it could hinder the Eurozone's economic recovery.

Jerome Powell told the House recovery is far from over.

The GBP/USD surged above the $1.42 level and is within striking distance of $1.43 as economists hold on to a bullish view for the pound.

Former Bank of Japan Deputy Governor Hirohide Yamaguchi said that the Bank of Japan must conduct a genuine review of its monetary policy stance, given the rising cost of prolonged monetary easing.

A massive selloff on Wall Street reversed after Powell's comments on Tuesday.

The US dollar and the euro both lost ground against their British counterpart after the prime minister provided his schedule for the easing of quarantine restrictions.

In its biggest daily drop in a month, Bitcoin fell below the $50,000 level after Elon Musk commented that prices were too high.

Powell to address House Financial Services Committee today.

The pound sterling continues to march higher against its key rivals, namely the US dollar and the euro, and in early trading in London touched a fresh 3-year peak against the greenback.

Bitcoin hit the $58K level for the first time on Sunday, gaining 2.75% during the session and closing at the $57,376 level.

Australian dollar hits highest level since March 2018.

The US Dollar lost momentum against key rivals after the US Labor Department released data that was worse than expected.

The pound sterling continues to best its main rivals, with the government's efforts of a thus-far successful vaccine roll-out at the core of market sentiment.

Bank of Japan Governor Haruhiko Kuroda recently commented that the Japanese economy is currently recovering and coming back to pre-COVID-19 levels.

Bitcoin price surpasses $52,000 before paring gains.