The European Central Bank will announce its forward guidance on Thursday. With an increase in the number of Coronavirus infections in France, Germany and other parts of Europe, the market anticipates more financial aid from the bank. If it happens, Bitcoin could see more gains against the EUR.
The dollar held its own on Monday, as rising coronavirus cases across Europe and the United States combined with a lack of progress toward a U.S. stimulus package put traders in a cautious mood, although hopes for a Brexit trade deal held sterling steady.
Crude Rose over 1% on Tuesday on hopes that the the United States was getting close to sealing a deal on coronavirus relief, but the continued threat to demand from rising COVID-19 cases worldwide and a sustained increase in Libyan output brought a halt to prices from moving any higher.
At the start of Wednesday’s session, both Asian shares and U.S. stock futures were rising as optimism grew over a new round of U.S. stimulus money. MSCI’s broadest index of Asia-Pacific shares outside Japan rose by 0.56%, Australian stocks were up by 0.1%, shares in China rose by 0.07%, and…