Daily News | The Crypto market crashes | 27.09
The Crypto market crashes.
Most of the Crypto majors have seen a 15% to 25% plunge in last sessions.
Volatility returned to the cryptocurrency market with a bang with a range of coins shedding 15%-25% in a few hours as sellers routed the market.
Kiwi nears 4 year low.
RBNZ holds rates, but the NZD could not sustain its stamina.
The New Zealand dollar nears a 4 year low against the Greenback despite the expected rate hold by the RBNZ.
Oil price and volumes diminish.
U.S. oil activity slumps amid rising price uncertainty.
U.S. oil and gas activity in some of the largest producing regions is declining, and so is the volume and price of crude oil.
USD/JPY
USD/JPY has gained 0.7% in the last session.
The Dollar-Yen pair has performed a major correction, gaining 0.7% in the last session. The ROC remains overbought.
Gold
XAU/USD has fallen 1.8% in the last session.
The price of gold has fallen 1.8% in the last session. The CCI is currently negative.
EUR/USD
EUR/USD has lost 0.7% in the last session.
The Euro-Dollar pair has lost 0.7% in the last session. Stochastic is giving an oversold signal.
GBP/USD
GBP/USD has fallen 1.1% in the last session.
The Sterling-Dollar pair has fallen 1.1% in the last session. The RSI currently dwells in the negative zone.