Blogs

US CPI Down 3.1%, Will Bitcoin Recover?

Forex

<p>&nbsp;"Now it looks weak, but will the price be volatile during the FOMC later?"</p><p><br /></p><p>The price of cryptocurrency king Bitcoin (BTC) maintained its position below $41,500 as yesterday's United States (US) Consumer Price Index (CPI) data release for November was 3.1% as expected

Demand And Supply Concerns, Oil Prices Fall 3%

Forex

<p>&nbsp;Today, oil prices fell more than 3% from yesterday and hit a six-month low due to concerns over oversupply and US economic data showing an unexpected rise in consumer prices.</p><p><br /></p><p>Brent crude futures for February fell by $2.79 (3.7%) to $73.24 a barrel while US West Texas Intermediate c

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