Damiano Fabiański / Profile

The governor of the US state of California has approved Bitcoin; thus, the digital currency can now be accepted and used for transactions in the US state. This has been made possible by the ratification of a new finance bill which has made it possible for users to pay in Bitcoin...

The 40% drop in oil prices over the past 6 months has garnered a lot of attention recently, most of it focused on the economic stimulus lower oil prices should provide the global economy, the impact on currency and fixed-income markets and the increase in economic pain suffered by exporters such...

The US Dollar may have begun a significant downward reversal against its Canadian counterpart after prices overcome support guiding the uptrend since September. A daily close below channel support at 1.1167 exposes the 1.1116-42 area marked by a rising trend line set from July and the 38...

Hon Hai achieved combined operating revenue of NTD468.999 billion, which was about CNY94 billion, in October 2014, representing a year-on-year increase of 22.58% and an increase of 12.9% compared with September 2014...

When many governments are banning Bitcoin as they consider that the digital currency is illegal and may cause instability in their economies, the statement from an official from the Bank of Canada has come that says that it is not a concern at least for now...

EUR/USD Weekly “Near term, price action since the October low likely composes a 4th wave correction within a 5 wave decline from the May high. Allow for additional sideways trading in order to complete wave 4 before a new low in wave 5 targets 1.2400 or 1.2315...

US DOLLAR TECHNICAL ANALYSIS Prices corrected downward after piercing October’s high to hit the strongest level in over four years. Near-term resistance is at 11216, the 38.2% Fibonacci expansion, with a break above that on a daily closing basis exposing the 50% level at 11308...

US Dollar Fundamentals - Dollar and Market Confidence Ride on FOMC Decision In a deluge of event risk this week, the FOMC rate decision stands as a focal point for the Dollar and market sentiment A status quo or slightly hawkish lean from the Fed risks reviving the fallout of the ‘Taper Tantrum’...

China Huaxin and Alcatel-Lucent have jointly established a controlling company, which will be responsible for the global operation of Alcatel-Lucent's enterprise business. China Huaxin holds a 85% stake in the joint venture, while Alcatel-Lucent owns the remaining 15% stake...

Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, "How does the economy really work...

AUD/USD Technical Strategy: Sidelines Preferred Piercing Line Near 0.8660 Awaiting Confirmation Close Over 0.8815 Ceiling Needed To Suggest A Base AUD/USD’s sharp rebound from the 0.8660 floor has generated a Piercing Line candlestick pattern...

American electric car maker Tesla has entered the Chengdu market and reportedly delivered its products to consumers in the city. The company also launched its first super charger facility in Chengdu, which is the company's 17th in China...

US DOLLAR TECHNICAL ANALYSIS Prices pulled back as expected after putting in a Shooting Star candlestick. A daily close below the 14.6% Fibonacci retracement at 11005 exposes the 23.6% level at 10956...

On Tuesday evening, Argentine President Cristina Fernández accused Juan Carlos Fábrega, head of Argentina’s central bank, of "provoking a devaluation of the peso". In response Head of Argentine Central Bank Quits...

Chinese telecom device maker Huawei acquired Neul, a Britain-headquartered Internet of Things technology provider, for USD25 million...

Behind central banks in terms of size and ability to move the foreign exchange market are the banks...

US Dollar Fundamentals - Dollar Looks to Close Out Best Quarter Since Great Financial Crisis The US Dollar has rallied for a record 11 consecutive weeks, and the quarter is on pace for a 7-year record Fed forecasts have done much of the heavy lifting to this point, but risk trends are increasingl...

Targeted measures to stabilize investment helped China to sustain its expansion and India is poised to capitalize on a new government mandate, the Manila-based bank said in its Asian Development Outlook 2014 published Thursday...

Martin J. Pring has become a leader in the global investor community since 1969. He is the chairman of money management firm, Pring Turner Capital. He is well known for developing economic indicators and also for contribution in educating traders and investors...

October month is going to witness exclusive Bitcoin event ‘CoinAgenda’ from 7th to 9th. The event is dedicated solely to Bitcoin and virtual currency investors. According to the organizers of the conference it is going to be held at the Palms Casino and Resort in Las Vegas...