EURUSD, “Euro vs US Dollar” After finishing another descending structure at 1.1263, EURUSD is growing towards 1.1315, thus forming a new consolidation range around the latter level. If later the market breaks the range to the upside, the price may form one more ascending structure towards 1.1400; if to the downside – start a new […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1303; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1315 and then resume moving downwards to reach 1.1195. Another signal in favour of a further downtrend will be a […]
The Bank of Japan may be mulling over following the suit of its peers and finally pick a course on raising rates. According to early rumors, this may happen before inflation hits its 2% target as the swift pace of its recovery could warrant an early policy action.BoJ is not expected to make a rate […]
Market Looking For March Rate Hike SignalLooking ahead to today’s FOMC meeting, the market is firmly expecting a hawkish delivery from the Fed. While no policy adjustment is expected at this point, the market is, however, looking for the Fed to essentially confirm a rate hike in March. Pricing for a March lift off has […]
The former president’s son Eric Trump fired off a threatening tweet to TrumpCoin for using his family’s name fraudulently, although the token’s Twitter account appeared unconcerned. 3077 Total views 42 Total shares A low cap cryptocurrency named TrumpCoin (TRUMP) has finally drawn the ire of the Trump dynasty six years after it entered the market. […]
Oil futures climbed on Wednesday, with growing concerns over the Russia-Ukraine situation prompting U.S. benchmark prices to settle at their highest since October 2014. “The market remains extremely tight and geopolitical concerns — namely the standoff between the West and Russia over Ukraine – will be the real drivers of markets in the short term,” […]