Dollar keeps falling even lower as the U.S officials contradict each other on the question of weak – strong dollar. Litecoin finds new support and China is unveiling plans for the development of a new region.
January 25 has brought more luck for Asian markets while knocking greenback on its' back as the national US currency once again hit three-year low. Is weak dollar good or bad for world economy in general and USA in particular.
On Wednesday Ripple is continuing its several-days-long growth and is now aiming to become one of the most rapidly growing cryptos. Meanwhile Asian markets are showing teeth and growing which isn’t good for the greenback. In it’s turn Europe seems to have finally found it’s financial luck once again.
Wednesday is looking like another busy day in global finance markets. The USD remained lower, but U.S. Treasury Secretary said it’s actually good for the U.S. economy. Elsewhere, Gold prices continue to rise as they enjoy a weak dollar. Earnings season resumes in full speed today as more companies set to report. Finally, Oil prices struggle for direction. These are the top thing to know for today.
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