Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Forex news for Asia trading Tuesday 27 January 2015
- Nomura says the probability that Prime Minister Shinzo Abe's economic policies will end badly is increasing
- UBS Says Wealthy Asians Are Abandoning Australian Dollars
- New Zealand PM Key: NZ government to deliver further steady reforms this year
- Japan government adviser says the yen is very low and will appreciate
- What's behind more volatile markets? Will volatility persist?
- Moody's: Global growth outlook brings challenges to Asia Pacific, but region's strengths prevail
- Japan economy minister Amari: Government, BOJ haven't committed to exact schedule for 2% goal
- China – Industrial profits for December: -8% y/y (prior was -4.2%)
- People's Bank of China sets yuan mid-point at 6.1364
- Australia – NAB business confidence for December: 2 (vs. prior of 1)
- Will Greece turn away from Europe, toward Russia?
- Japan Services PPI (December): +3.6% ( vs. expected 3.5%)
- What ECB QE means for the Swiss National Bank, the CHF, and the Federal Reserve
- Saxo Bank prepared to use legal action to recover negative balances
- Nikkei: Weak yen finally pays dividends
- Nikkei: Toyota to revise pay for factory workers
Some less than good data from Australia and China today (see bullets, above) didn't hold the Australian back. After a sideways move it began to tick higher in mid-afternoon (Sydney time) and is near session highs as I write. The range has not been larger, but nevertheless a reasonable performance for the AUD today. NZD/USD is on its highs too as I write. Going into Europe, though, both are not too far from resistance areas.
EUR/USD tracked sideways after giving up a little ground late in the US afternoon. Cable, on the other hand is not far from session highs, just under 1.51.
Oil and gold were both relatively subdued.
The yen was active, with USD/JPY trading higher in the Tokyo morning, only to fall away after comments from Amari and Itoh (see bullets, above).
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!