Skip to main content

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.

74.91% of retail investor accounts lose money when trading CFDs with this provider.

Bitcoin could take advantage of dollar's weakness
Bitcoin could take advantage of dollar's weakness

Bitcoin could take advantage of dollar's weakness

The US services PMI fell in March to 51.2.

The US services PMI fell in March to 51.2. More weak economic data from the US are putting pressure on the dollar. Today, the US Non-Farm Payrolls report will be released. Experts believe that the unemployment rate will remain unchanged from February at 3.6%. March saw 250,000 new jobs created after 311,000 emerged in February. If these figures fail to meet forecasts, the US dollar's weakness could give Bitcoin a push upward.

BTC

Disclaimer: The information in this article is not intended to be and does not constitute investment advice or any other form of advice or recommendation of any sort offered or endorsed by Libertex. Past performance does not guarantee future results.

Why trade with Libertex?

  • Get access to a free demo account free of charge.
  • Enjoy technical support from an operator 5 days a week, from 9 a.m. to 9 p.m. (Central European Standard Time).
  • Use a multiplier of up to 1:30 (for retail clients).
  • Operate on a platform for any device: Libertex and MetaTrader.
Back