Forex

Euro Casts Wary Eye on GDP, US Dollar May Retreat on Steady Fed

TALKING POINTS – EURO, GDP, US DOLLAR, FOMC Euro may fall further as soft Q1 GDP bolsters dovish ECB outlook shift US Dollar may pull back as gradualist Fed clashes with hawkish markets Speculative positioning shows ample scope for longer-term USD gains Eurozone GDP figures headline the economic calendar in European trading hours. A slowdown …

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Euro Casts Wary Eye on GDP, US Dollar May Retreat on Steady Fed

TALKING POINTS – EURO, GDP, US DOLLAR, FOMC Euro may fall further as soft Q1 GDP bolsters dovish ECB outlook shift US Dollar may pull back as gradualist Fed clashes with hawkish markets Speculative positioning shows ample scope for longer-term USD gains Eurozone GDP figures headline the economic calendar in European trading hours. A slowdown …

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Crypto in April: EOS and Tether (USDT) Saw Best and Worst Movement

Crypto in April: April was a good month for crypto. Don’t believe us? Check out the numbers. We’ve broken down how well each coin performed for the month of April and every coin in the top 30 grew. EOS and Tether (USDT) saw the best and worst movement for the month. Can you guess which …

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The Week So Far: Top Crypto News

It is the first week of May, the crypto space is buzzing and there is a lot happening. Despite all of the top coins being in the red today, the crypto sector has seen numerous announcements made this week. And it’s only Tuesday. Here are six of the top announcements.  This Week’s Top Crypto News 1. SBI Holdings Launching …

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CoinMarketCap Introduces iOS App – Website Rebrands on its Fifth Anniversary

CoinMarketCap, the website most used by crypto investors to check real-time coin prices, just announced huge updates to its platform this morning. The website was launched five years ago today, and the company is celebrating big. In addition to a brand new iOS mobile app, the website unveiled a brand new site design and logo, …

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US Dollar Rally Continues to Build, Nine Gains in 11 Days

Talking Points: – The US Dollar rally continues unabated, now up for the ninth time in 11 sessions, as the DXY Index moves up to three-month highs. – A quieter news flow overnight marked by the May Labor Day holiday keeping most markets around the world closed; US ISM Manufacturing due later today to shape …

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British Pound May Extend Drop as PMI Cools BOE Outlook Further

TALKING POINTS – BRITISH POUND, UK PMI, US DOLLAR, ISM UK manufacturing PMI data headlines an otherwise quiet European data docket. It is expected to show that the pace of factory-sector activity growth slowed to weakest in 10 months in April. UK economic news-flow has tellingly underperformed relative to forecasts recently, opening the door for …

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Gold Prices Flirt with Breakdown, ISM Data Due But FOMC in Focus

GOLD & CRUDE OIL TALKING POINTS: Gold prices back on the defensive as FOMC meeting nears Crude oil prices pop on bets Iran nuclear deal may unravel Manufacturing ISM survey, API inventory data due ahead Gold prices turned lower anew as speculation about a steepening Fed interest rate hike cycle ahead of the upcoming FOMC …

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Circle Invest Adds Zcash (ZEC) to List of Offerings on App

The Circle platform is going to be making some major waves in the crypto space over the next 3 weeks. It all started on Monday, April 30, when Circle disclosed that it is adding Zcash (ZEC) to its list of offerings for its investment app, dubbed the Circle Invest platform.  Circle Adds Zcash to Circle …

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Cryptocurrency Market Remains Robust Despite Warren Buffett Criticism

Cryptocurrency markets are still favoring the bulls stance despite Warren Buffett’s lack of confidence and criticism on the ever-emerging digital currency market. Bitcoin price (BTC) rose to the $9500 level on Sunday. Several altcoins are also reaching new highs this year. Indeed, EOS – the fifth largest coin, has attained its all-time high on Sunday …

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