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Tag: Cryptocurrencies

Forex Today: Risk Rally Loses Flight, Spotlight on PMI Data and Powell Speech

Forex Today: Risk Rally Loses Flight, Spotlight on PMI Data and Powell Speech Forex Today: Risk Rally Loses Flight, Spotlight on PMI Data and Powell Speech

This is what you need to know to trade today tuesday may 24: Markets appear to have turned cautious early on Tuesday, following Monday’s risk rally. The dollar index, which lost nearly 1% at the start of the week, posts small daily gains near 102.20 in European morning and US stock index futures are down […]

Forex Today – Asian Session: Dollar Continues to Lose Ground

Forex Today – Asian Session: Dollar Continues to Lose Ground Forex Today – Asian Session: Dollar Continues to Lose Ground

What to watch for on Tuesday, May 24: The dollar weakened on the first trading day of the week, amid a better market mood. US President Joe Biden said he is studying the possibility of reducing tariffs on Chinese imports, which could save up to 80 billion dollars in taxes for the country. Biden also […]

Forex Today: Dollar Sell-Off Continues as Markets Remain Risk-Friendly

Forex Today: Dollar Sell-Off Continues as Markets Remain Risk-Friendly Forex Today: Dollar Sell-Off Continues as Markets Remain Risk-Friendly

This is what you need to know to trade today Monday May 23: After posting weekly losses for the first time since early March last week, the US dollar index remains on the warpath early Monday, with the greenback struggling to find demand in a risk-friendly market environment. . Market participants will closely watch the […]

K. Lagarde: Cryptocurrencies have no value and must be regulated

K. Lagarde: Cryptocurrencies have no value and must be regulated K. Lagarde: Cryptocurrencies have no value and must be regulated

European Central Bank President Christine Lagarde has said that cryptocurrencies “are not based on anything” and should be regulated to prevent people from speculating on their livelihoods, according to Bloomberg. Lagarde told Dutch television she was concerned about people “who do not understand the dangers, who will lose everything and who will be terribly disappointed, […]

Forex Today – Asian Session: Dollar Surrenders Despite Risk Aversion

Forex Today – Asian Session: Dollar Surrenders Despite Risk Aversion Forex Today – Asian Session: Dollar Surrenders Despite Risk Aversion

What to watch for on Friday, May 20: Despite persistent risk aversion, the US currency reversed course on Thursday and fell across the currency board. Fears revolved around inflationary pressures and slowing economic growth. Equity markets remained under pressure, with most Asian and European indices closing in the red, albeit off their intraday lows. Wall […]

Forex Today: Safe Haven Flows Return, Spotlight on ECB Meeting Minutes

Forex Today: Safe Haven Flows Return, Spotlight on ECB Meeting Minutes Forex Today: Safe Haven Flows Return, Spotlight on ECB Meeting Minutes

This is what you need to know to trade today Thursday May 18: With Wall Street’s major indices suffering heavy losses on Wednesday, the US dollar continued to gain strength against its main rivals in the second half of the day. Markets remain risk averse early Thursdaywhile investors expect the European Central Bank (ECB) publish […]

The big restart of cryptocurrencies: How to close the ‘hole’ of $ 1 trillion.

The big restart of cryptocurrencies: How to close the ‘hole’ of $ 1 trillion. The big restart of cryptocurrencies: How to close the ‘hole’ of $ 1 trillion.

Michael del Castillo and Steven Ehrlich The history of cryptocurrencies has so far been determined by five restarts. The first was in 2014, when Mt. Gox – which was essentially the only Bitcoin exchange in the world – collapsed after a hacker attack that “cost” about $ 500 million. The second was in 2016, when […]

Forex Today – Asian Session: Dollar soars as Wall Street continues its slide

Forex Today – Asian Session: Dollar soars as Wall Street continues its slide Forex Today – Asian Session: Dollar soars as Wall Street continues its slide

What to watch for on Thursday, May 19: The USD rose against its high yield rivals, but fell against safe-haven currencies, reflecting the poor market sentiment. Inflation was the main catalyst for the latest episode of risk aversion. The EU Consumer Price Index was confirmed at 7.4% yoy in April, while the UK CPI rose […]

Breaking News: Ethereum falls below $2,000, bears target $1,700

Breaking News: Ethereum falls below $2,000, bears target $1,700 Breaking News: Ethereum falls below ,000, bears target ,700

The Ethereum has fallen below $2,000 after failing to break the supply wall at $2,300. On-chain data shows that ETH is at a weak support level which, if broken, could lead to significant losses. IntoTheBlock’s In/Out of the Money Around Price (IOMAP) model reveals that the largest wall of demand under Ethereum is between $1,934 […]