Today one of the most important economic news will be a speech by Fed member Kashkari, who will discuss the further conduct of US monetary policy. In addition, for a second consecutive day we are witnessing the strengthening of the reserve currency; the dollar index shows a gain and is near the mark of 92.26.
In Europe, on the background of fast early elections in Italy and in Germany the absence of a coalition have led to a decline and a decrease of investor interest in the euro. Thus, we see the bears gain positions on the EUR/USD, and the pair is entrenched below 1.20 and directed downward. Furthermore, interest is also partially lost due to weak data on inflation in the eurozone.
The good news for investors looking into cryptocurrencies comes from one of the most popular cryptocurrencies - Etherium, which reached a new high and amounted to $1,249 and now shows growth of 6.54% since the beginning of today's trading session.
Bitcoin, perhaps the most popular cryptocurrency, lost some of its positions today and dropped below $15,000.
