Dow, Bitcoin Flash Green as US Stock Market Guns to Extend Winning Streak

Both the Dow and the bitcoin price flashed green on Friday, as the US stock market fought to extend its two-month winning streak and crypto traders mulled whether a 14-month downturn has finally come to a close. Dow Futures Mount Triple-Digit Recovery As of 8:45 am ET, Dow Jones Industrial Average Futures had gained 105 points or 0.41 percent, implying a 97.37 point jump at the opening bell. S&P 500 futures rose 0.34 percent, and Nasdaq futures climbed 0.42 percent during the bullish pre-market session. On Thursday, the US stock market endured moderate losses, with the Dow falling 103.81 points

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Swiss Franc Plummets – Here’s What Caused the Haven Currency’s Mini ‘Flash Crash’

On Monday during the Tokyo session the Swiss franc (CHF) was aggressively sold. The USD/CHF pair for instance touched the 1.0106 level. This was a high that the pair last reached in November last year. On the other hand the Euro/Swiss Franc (EUR/CHF) pair touched the 1.1422 mark. Against the Japanese yen the franc fell to 108.80 while against the sterling pound it touched the 1.3056 level. Swiss Franc Rises Sharply Then Fills Gap, Breaking its Average Trading Range But within a matter of minutes the sharp moves were reversed. For the USDCHF it resulted in a trading range of

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$41 Billion Flash Crash Leaves Singapore’s Stock Market Stunned: What Happened?

By CCN.com: Jardine Matheson shares listed on the Singapore Exchange (SGX) took a sudden 83 percent dive worth $ 41 billion on Thursday morning before making an equally quick recovery. The stunning movement, which took place in a matter of minutes, sparked a temporary market panic as stock market investors struggled to dump their stocks before … Continued

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Crypto Watch: Bitcoin Surges 14% In An Hour — Signs Of Market Turnaround Or Flash Bull Run?

Bitcoin (BTC) surged 14 percent this morning after a month of steady decline, with a $ 1,000 dollar spike over the course of 45 minutes, drawing the overall cryptocurrency market over $ 300M. After two weeks of lateral trading, Bitcoin (BTC) leapt nearly $ 1,100 the morning of Thursday, Apr. 12 — jumping …
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