Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.Trading foreign exchange on margin carries a high level of risk and may … [Continue reading]
United States CFTC Oil NC Net Positions dipped from previous 514.7K to 511.8K
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.Trading foreign exchange on margin carries a high level of risk and may … [Continue reading]
Banxico to keep policy rate at 4% next month – Capital Economics
"Mexico has been one of the hardest hit EMs during the recent rout in global bond markets," notes Capital Economics' Nikhil Sanghani. "The 10-year local currency government bond yield has jumped by almost 60bp to 6.30% this week. Meanwhile, the peso … [Continue reading]
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin ready for bullish continuation as crypto bull cycle pauses
Bitcoin retest support at $45,000 after failing to break the resistance at $52,000 A break above the range between $48,000 and $49,500 will bring back a bullish impulse. Ethereum forms a bullish technical pattern as gains to $1,700 linger. Ripple is … [Continue reading]
Uniswap Price Analysis: UNI whales major exodus ahead of 74% downswing
Uniswap’s technical picture worsens after breaking below the 100 SMA support. A symmetrical triangle could see UNI fall by 74% from the prevailing market value. Whales are contributing to the increasing selling pressure as they uncontrollably offload … [Continue reading]
Asian Stock Market: Rejects corrective pullback even as bond bears catch a breather
Asian shares remain on the back foot despite pullback in global Treasury yields. RBA, RBNZ joined the Fed to placate reflation fears. US pushes China over phase one trade deal commitments, attacks Iran-backed military. US dollar fades recovery moves … [Continue reading]
Ethereum Price Prediction: ETH on the cusp of further losses, $1,500 probes sellers
ETH/USD bounces off 50-day SMA, keeps trend line breakdown amid bearish MACD. Descending RSI exerts additional downside pressure, bears await confirmation. Multiple upside hurdles around $1,720 stand tall to test recovery moves. Having conquered a … [Continue reading]
United States 7-Year Note Auction rose from previous 0.754% to 1.195%
The crypto bull run has taken a breather after the gruesome drop in value at the beginning of this week. Bitcoin led the freefall, dropping from $58,000 to $45,000. Generally, all cryptocurrencies retraced and are now holding … [Continue reading]
Fed’s George: Monetary policy set to remain highly accommodative for some time
The US Federal Reserve is positioned to be patient as it follows the outlook for the virus and the economy, Kansas City Federal Reserve Bank President Esther George said on Thursday, as reported by Reuters. Additional takeaways "Monetary policy … [Continue reading]
EUR/JPY to advance considerably towards the 132.55 mark – Credit Suisse
EUR/JPY has surged sharply higher again and analysts at Credit Suisse stay bullish for the 130.13/16 “measured triangle objective” and now they think higher to 132.55. Key quotes “EUR/JPY has surged higher again for a move with ease above the … [Continue reading]