USD/JPY looks towards 108.00 as sellers look to forge the next leg lower
USD/JPY falls to a low of 108.16 on the day as the dollar slides
It is all about the technicals and flows right now, as the dollar is losing ground across multiple avenues in that regard. The break above 1.2000 for EUR/USD is a key moment but USD/JPY is also seeing support at 108.34-41 give way,
SNB total sight deposits w.e. 16 April CHF 701.5 bn vs 701.3 bn prior
Latest data released by the SNB - 19 April 2021
Prior week's release can be found here. Little change in overall sight deposits, which continues to suggest that the SNB is staying away from intervening all too much as of late.
DAX builds on Friday's gains to keep higher
The DAX is testing waters around 15,500 after the jump on Friday with most other indices keeping little changed overall. US futures are reflecting more tepid tones with S&P 500 futures down 0.2%, Dow futures down 0.3%, Nasdaq futures flat.
Will China's shift in tone towards Bitcoin provide a bit of comfort?
PBOC deputy governor, Li Bo, called Bitcoin an "investment alternative"
After the weekend plunge, perhaps crypto investors can take some comfort in the latest shift in stance by China towards Bitcoin and cryptocurrencies.
Bitcoin suffered a $10,000 plunge over the weekend, what are the technicals saying now as we get into the new day/week?
The technical picture going into the weekend was rather bullish for Bitcoin as it consisted of a series of higher highs, higher lows since the start of the year.
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