On Thursday Kazakhstan has shocked global markets - its national currency was plunge on 23 percent. Kazakhstan abandoned control of tenge rate. Vietnam also devalued the dong, while freely traded currencies (the South African rand and Turkey’s lira) extended losses...
First Bitcoin academy in the African continent is to play important role in the study of cryptocurrency and it has opened its doors for organizations and individuals to learn more about Bitcoin and Blockchain...
W1 price is located above 200 period SMA (200-SMA) and above 100 period SMA (100-SMA) for the primary bullish market condition with secondary ranging between 23.6% Fibo support level at 119.93 and Fibo resistance level at 125.85: two ascending triangle patterns were formed by the price with 125...
History Shows Time to Sell Dollar Is Now With Fed Near Liftoff Is Now the Time to Sell the Dollar...
The USD/CAD pair remained in rest mode as markets seek some impetus from US and Canadian data later today...
Skandinaviska Enskilda Banken (SEB) made some intra-day analysis for few pairs whch may be used for the next week for example. Those pairs are the following: EUR/USD, USD/JPY, EUR/GBP and AUD/USD...
EURUSD was up and down again for ranging on the back of the China surprise and the news that Greek creditors reached a deal. The price reached the border between bearishand bullish trend and stopped near some key resistance levels such as 1.1113/1.1215/1.1466...
The latest survey result is 51.6 vs 51.0 prev. It was the first climb in three months. At the same time, the outlook index dropped for the second straight month in July by 1.6 percent to 51.9 from 53.5 in the preceding month. In May, the score came in at 54.5. And to remind: above 50...
Chinese data The People's Bank of China will provide more stimulus to the economy by cutting the 1-year lending rate by at least 25bps. The Bank already cut 3 times taking interest rates from 5.60% to 4.85...
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LOT Polish Airlines has recently integrated Bitcoin as one of online payment methods. According to the press release: "We are open for every need of every single client...
On Friday the euro climbed versus the greenback, with investors eyeing U.S. nonfarm payrolls report due later in the day. The pound was slightly lower after data on U.K. trade deficit...
On Friday the euro fell against the greenback after rising to extend modest gains from the previous session, and U.S. Treasury prices jumped ahead of Friday's report on the employment situation in the U.S...
On Thursday the pound pulled back from session lows against the dollar after Bank of England Governor Mark Carney said the time for a rate hike is drawing closer, but added that the timing could not be predicted in advance...
The pound trimmed gains against the greenback Thursday after downbeat data from the U.K. The country's industrial production unexpectedly fell in June as North Sea producers cut output for the first time in three months...
On Thursday the New Zealand dollar was higher against the greenback, while the Aussie slipped impacted by weak Australian jobs data...
The International Monetary Fund has hinted there will be no quick decision as to whether it may include the Chinese yuan in its strategic basket of reserve currencies, as the Chinese currency still needs to meet important financial norms...
The dollar tumbled Wednesday after ADP said the U.S. private sector added only 185,000 jobs in July...