Daily News | USD subdued | 26.03
Crypto vs Coronavirus.
The U.S. government wants to use Crypto-dollar as a stimulus.
Bitcoin and cryptocurrency investors have cheered U.S. plans to create a digital dollar as part of a massive coronavirus-induced stimulus bill.
USD subdued.
Dollar stands still as investors wait on the stimulus bill.
The dollar remained subdued as investors waited on a Senate stimulus bill meant to soften the Coronavirus’s economic impact.
Oil prices crawl upwards.
Falling demand worries offset hopes for a U.S. aid package.
Oil prices showed modest gains as ongoing worries were offset by hopes for a forthcoming $2 trillion U.S. economic relief package.
USD/JPY
USD/JPY has gained 0.4 percent in the last 3 sessions.
The Dollar-Yen pair has gained 0.4 percent in the last 3 sessions. The MACD is giving a positive signal.
Gold
XAU/USD has gained 7.5 percent in the last 3 sessions.
The price of gold has gained 7.5 percent in the last 3 sessions. The Williams Indicator has transitioned into the positive zone.
AUD/USD
AUD/USD has gained 2.3 percent in the last session.
The Aussie-Dollar pair has gained 2.3 percent in the last session. Stochastic is now entering the neutral area.
GBP/USD
GBP/USD has gained 2.2 percent in the last session.
The Sterling-Dollar pair has gained 2.2 percent in the last session. The CCI is now giving a neutral signal.