If Silvergate Capital fails, it could be the first bank to be brought down by bad liabilities rather than bad assets. The bank warned in a filing last week that it might not be able to stay in business. The news pushed depositors to move their money elsewhere. Fears, under …

The US dollar declined on Friday and dropped for the week. The Dollar Index remained in negative territory as a result of encouraging news from China and falling US yields. American stocks experienced weekly gains following February’s significant losses. After good performance in February, the dollar experienced its first weekly …

The S&P 500 gained 1.6% to end its first profitable week in the previous four as the bond market’s easing yields relieved some of Wall Street’s pressure. Following a sharp surge and fall to start the year, it has found some steadiness. The Nasdaq composite rose 2% while the Dow …

Bitcoin as well as other cryptocurrencies are down on Friday as a result of worries over Silvergate Capital, whose distress could have an adverse effect on how the market operates and the regulatory landscape.Over the past 24 hours, the price of Bitcoin has dropped 4% to around $22,350 before recovering …

The USD/JPY retreats from weekly highs amidst an offered US Dollar. Positive US economic data failed to boost the US Dollar. USD/JPY Price Analysis: Bullish above 136.00; otherwise, a retest of 134.00 is on the cards.The USD/JPY slides from 136.70s toward the 136.00 area on Friday amidst broad US Dollar …

On Friday morning, Brent crude fell as much as 2.8% on news reports that the United Arab Emirates is pondering leaving OPEC, the influential 13-nation oil producer alliance.Later, Brent recovered its losses and started to rise; at 11:30 a.m. ET, it was trading at $85.23 per barrel, up 0.57% from …

The US Federal Reserve’s semi-annual Monetary Policy Report is published on Friday. The US Dollar Index showed no immediate reaction to this publication and was last seen trading flat at 104.93.Key Quotes “Financial conditions have tightened further since June and are significantly tighter than a year ago.”“Ongoing increases in the …

The US Service sector data surpasses market expectations, and exhibits no significant surprises. Treasury yields rebound from daily lows. The Gold Index declines further from two-week highs, tests $1,840.Gold prices weakened after the US data, however it is still seen positive for the day and the week. The precious metal …

Following US economic data and rising US yields, the American currency reversed previous losses and managed to gain some strength. Even in the face of a late Wall Street rally, the dollar continued to gain ground. The 30-year yield rose beyond 4%, and the 2-year reached new multi-year highs at …

The multi-day high recorded by the USD/CHF pair has been broken, and the US dollar bulls have lost pace. The rates on US Treasury bonds support a positive tendency by rising to a new multi-day high before declining from the most recent peak.As the crucial PMI numbers is looming, the …