BlondieNews / Blog
Central Banks And Governments Policies that are implemented by governments and central banks can play a major roll in the FX market. Central banks can play an important part in controlling the country's money supply to insure financial stability. Banks A large part of FX turnover is from banks...
When more people want a particular currency, the cost of the currency in terms of other currencies will go up. When demand decreases or people do not want to hold a country’s currency, the value will go down...
Zynga announced the decision while publishing its performance report for the fourth quarter of 2014. The company said that they will cut the 71 jobs in Beijing office and the related expense of USD7 million will be included in the first quarter of 2015...
The announcement has been received by the trader community well as they realize that it will give impetus to Bitcoin’s popularity...
The study was part of the central bank’s One Bank Research Agenda, a report that investigates the current central polices and their interaction with the ever-changing international polices, regulations, market structures, and none the least, the fundamental technologies...
Gold will come under further pressure over the course of the year as the Federal Reserve moves closer to lifting rates, but prospects for the precious metal looks far more promising in the next few years, according to Bank of America Merrill Lynch...
New Hampshire representative Eric Schelen recently proposed the inclusion of Bitcoin for state tax purposes...
From the right and left (hawk and dove) came these rhetorical statements/questions: Senator Richard Shelby of Alabama, Chairman of the Banking Committee said, “Many question whether the Fed can rein in inflation and avoid destabilizing asset prices when the time comes to unwind its massive $4...
Divergence is one of the trade setups used by Forex traders. It involves looking at a chart and one more indicator. For our example we shall use the RSI indicator...
US DOLLAR TECHNICAL ANALYSIS Prices look to have reversed downward as expected after putting in a bearish Evening Star candlestick pattern. A daily close below the 14.6% Fibonacci retracementat 11740 exposes the 23.6% level at 11653...