The Dollar & Cryptocurrencies Strengthen

Economic News
24 abr 2018
The Dollar & Cryptocurrencies Strengthen

Yields on 10-year US bonds rose by 3%; against the background of this, the dollar which has strengthened to the level of performance of January. At the moment the index of the dollar is fixed above 90.00 and the reserve currency continues to strengthen against a basket of major currencies.

Following statements by US Treasury Secretary Steven Mnuchin about a possible weakening of the sanctions against the company United Co. Rusal, aluminium prices fell by almost 9.4%.

Oil prices continue to update 4-year highs, so the price of Brent crude oil reached the level of 75.27 dollars per barrel.

The cryptocurrency market also continues to strengthen, and the total market capitalization has reached 423 billion dollars. One of the most popular cryptocurrencies, Bitcoin Cash, has grown almost twice in the past week and is on the 4th position in the market in terms of capitalization.

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