USD / JPY: Bears keep the reins on Friday 104.50 amid mixed clues. USD/JPY recovers early Asian losses while bouncing off 104.43. Risk dwindles as virus woes combat hopes of further stimulus and geopolitical headlines. Markets in Tokyo are off for Respect-for-the-Aged Day, Chicago Fed National Activity Index, Fed Chair’s speech will be the key.
USD / JPY: Bears keep the reins on Friday 104.50 amid mixed clues. USD/JPY recovers early Asian losses while bouncing off 104.43. Risk dwindles as virus woes combat hopes of further stimulus and geopolitical headlines. Markets in Tokyo are off for Respect-for-the-Aged Day, Chicago Fed National Activity Index, Fed Chair’s speech will be the key.
Click “Save” ; Just as the Bitcoin turmoil continues, crypto traders have taken to Telegram to voice their feelings. Crypto investors can reduce their anxiety about losses by joining the “Bear Market Screaming Therapy Group” on Telegram. The group’s featured image is of a Pepe frog yelling, often referred to as the “REEEEEEE” meme. Pepe the Frog was created back in 2005 by Matt Furie and has since become an internet symbol for meme culture and “degen” culture. It’s yet another bloodbath on Satoshi Street. As of press time, Bitcoin (BTC) and the broader cryptocurrency market have corrected another 10 percent amid a massive sell-off. Ethereum (EHT) is down a staggering 15 percent moving close to $1,000, down more than 42 percent on the weekly chart.
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