Category forex

Ecb’s Wunsch: We Might Need Another Hike

European Central Bank (ECB) policymaker and the head of Belgium's central bank, Pierre Wunsch, said in the European trade on Tuesday that inflationary pressures in the Eurozone economy could stay above the 2% target for some quarters, adding that the central bank might need to...

Bitcoin Correlates Negatively With USD/JPY

Bitcoin's 52-week correlation with USD/JPY hits -0.90 Bitcoin's price has shown an unusually strong negative correlation with the dollar-yen exchange rate. The 52-week rolling correlation coefficient between BTC/USD and USD/JPY now stands at -0.90, indicating a strong