Daily News | Safe havens gone wrong | 29.11
Safe havens gone wrong.
South Korean crypto exchange UPbit loses nearly $50M.
South Korean crypto exchange UPbit has been hacked, losing nearly $50 million worth of ether cryptocurrency.
U.S.-China relations depress the Yen.
U.S.-China trade deal bets sent a boost to the USD/JPY pair.
The Dollar-Yen rose and may continue to climb as US-China trade deal bets boost risk appetite.
Oil prices edge lower with excitement.
Crude oil price outlook improves as U.S.-China trade deal edges closer.
The outlook for crude oil prices is positive but a strong advance is unlikely until the US and China conclude a trade agreement.
USD/JPY
USD/JPY has gained 0.3% in the last session.
The Dollar-Yen pair has shown slight gains in recent sessions, up 0.3% in the last session. The Stochastic-RSI currently dwells in the overbought zone.
Gold
XAU/USD has lost 0.6% in the last session.
The price of gold has lost 0.6% in the last session. The CCI remains negative.
AUD/USD
AUD/USD has lost 0.1% in the last session.
The Aussie-Dollar pair has lost 0.1% in the last session. Stochastic is giving a positive signal.
GBP/USD
GBP/USD has edged up 0.1% in the last session.
The Sterling-Dollar pair has performed a minor correction, gaining 0.1% in the last session. The ROC enters the positive area.