Bitcoin Approval, Weaker Dollar, Positive Risk Sentiment… | BDSwiss Market Moves on MT4

-Bitcoin Approval Regulators in the US have approved exchange-traded funds, which invest directly into Bitcoin. The digital asset sector is finally getting its first approval, which has been long in the planning. With this access to this market will be much easier for investors from a global perspective. Funds from BlackRock, Invesco, and Fidelity as well as smaller investment companies have been approved by the Securities and Exchange Commission. The price of Bitcoin has been slightly on the rise in recent hours but as the news have been expected beforehand the result was likely already priced in. -US Inflation Data As the US- Dollar remains soft in today’s trading markets, we should expect more volatility for the key inflation data report. Bond markets are likely going to be receptive, depending on how the result kicks in. As prices of bonds have increased in recent weeks, markets might show some momentum as bond yields might fluctuate with the change in inflation data. Fresh statements from Fed officials have been made, that the interest rate would be tight enough moving forward. The inflation data today might offer further guidance to market participants. -Market talk The weaker Dollar is likely setting the tone also for equity markets for now. Stocks are heading higher, with the S&P 500 gearing up steam beyond the recent resistance zone. Also, the German DAX (GER_40) has broken out of the recent negative channel and might proceed higher. The AUDUSD currency pair is supporting the bullish view of the stock market. The currency pair is trading on top of the recent technical support zone of . Metals are pushing to higher levels for the same reason, whereas Oil prices are lagging. No new geopolitical tensions had been coming up, which could keep oil prices in the sideways pattern. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.