US EditionFOREX-Yen Gains Ahead of BOJ Decision in Packed Week for Investors
Yen rose 0.5% as Bank of Japan plans rate hike amid strong wage outlook and shifting global central bank policies that affect currency and carry trade dynamics.
6 Articles
6 Articles
The yen climbed on Monday, riding a renewed expectation of a Bank of Japan rate hike on Friday, while bitcoin continued to suffer from concerns about its volatility.
Analyst Warns of Imminent “Liquidity Sweep” on Bitcoin Ahead of BOJ Decision
The post Analyst Warns of Imminent “Liquidity Sweep” on Bitcoin Ahead of BOJ Decision appeared on BitcoinEthereumNews.com. Michaël van de Poppe, the Amsterdam-based analyst followed closely by crypto traders, warned followers over the weekend that Bitcoin could see a “classic sweep” early in the week, a quick downward grab of liquidity that flushes out weak hands, before reversing back into an upwards trend. “I wouldn’t be surprised if we have a…
Analyst Warns Of Imminent “Liquidity Sweep” On Bitcoin Ahead Of BOJ Decision
Michaël van de Poppe, the Amsterdam-based analyst followed closely by crypto traders, warned followers over the weekend that Bitcoin could see a “classic sweep” early in the week, a quick downward grab of liquidity that flushes out weak hands, before reversing back into an upwards trend. “I wouldn’t be surprised if we have a classic sweep on Monday taking place on Bitcoin. After that; upwards trend back on,” he wrote, adding that the coming days…
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