The Surge In Value Of The American Dollar Affecting Foreign Investors
The United States dollar has been performing decimally throughout 2017. However, the dollar’s are now surging in value contrary to people’s expectations. What this implies is that investors who had spent the year trading and investing on other profitable markets...Learn More
BDSwiss broadens their portfolio, Again!
BDSwiss introduces weekend trading for cryptocurrencies. Having increased the number of tradable assets recently,this is yet another move to broaden asset selection. BDSwiss, a leading binary options and CFD brokerage outfit, has finally introduced weekend trading for select cryptocurrencies. The...Learn More
U.K. stocks Rise as Pound Falls
On Friday, U.K. stocks closed at their highest level in 6 weeks. Royal Bank of Scotland Group PLC hiked after a positive earnings report. However, stronger-than-expected U.S jobs report for July saw the Pound drop against the dollar. According to...Learn More
USD weekly forecast(31st Aug-4th Jul)
Although the FOMC statement did not disappoint, the USD sold off momentarily after the monetary policy announcement. As a result USD/JPY dropped 100 pips while EURUSD was on a good run hitting a 2 year high. GBP/USD broker the 1.31...Learn More
Forex weekly forecast 24-28
AUD/USD AUD/USD enjoyed a relatively strong week closing at 0.7912; highest weekly close since 2014.The event to look out for is CPI. The pair started trading on Monday (17th) at 0.7824 before plummeting to 0.7781. AUD/USD later regained to climb...Learn More
Gold to gain from weak USD?
As predicted by analysts, Gold performance last week was as a result of a week U.S. dollar. August gold traded at $1253 an ounce, up 2% from the previous week’s close. At the same time, the greenback was 1% down...Learn More
Cryptocurrencies Weekly Round-up-Bitcoin and Ethereum
Summary • Tough week for Bitcoin and Ethereum amid fears of a correction period after recent rallies • Ethereum drops below the $200 level • Reprieve after they bounce back on Thursday Ethereum and Bitcoin have struggled to make gains...Learn More
Vantage FX consolidate their portfolio of services
The Australian broker Vantage FX take the decision to solely focus on forex, commodities and indices. Vantage FX will be focusing exclusively on forex, commodities and indices trading on the popular MetaTrader4 platform. It appears that the negative media attention and...Learn More
Tesla Woes-When Will it Stop?
Summary • Tesla investors nervous as Tesla stock slump. • Although the stock bounced on Friday, some strategists think the precarious situation is far from over. • Interestingly, low demand is not to blame and analysts think that the automaker...Learn More
Friday News Summary
China forex reserves climb for fifth straight month – Financial Times China’s foreign exchange reserves expanded for the fifth straight month in June to hit their highest level since October 2016. Data from the People’s Bank of China (PBoC) show...Learn More