Latest Market News
GBP Reversing Higher News that the UK government will scrap controversial plans to abolish the upper tax bracket in the UK has been met with a sharp relief rally in GBP. On the back of the roughly 10% drop suffered over the 23rd and 26th of September, GBP has now fully reversed these losses across […]
The metals market is seeing a positive start to the week, albeit a mostly quiet one for gold. Both gold and silver are trading in the green across the European open on Monday, underpinned by the weakness in USD. Following last week’s correction lower, DXY has failed to recover and is now under pressure once […]
Binance claimed that its compliance infrastructure is among the best in the world and has helped them to obtain regulatory approval even in countries where they were deemed illegal until last year. 732 Total views 19 Total shares Global cryptocurrency exchange Binance has signed a memorandum of understanding (MoU) with the Financial Monitoring Agency of […]
EURUSD, “Euro vs US Dollar” After finishing the ascending wave at 0.9853 along with the descending structure towards 0.9734, EURUSD is forming a new consolidation range around 0.9790. If later the market breaks this range to the upside, the market may form one more ascending wave to reach 0.9944; if to the downside – resume […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average, thus indicating a possible descending tendency. The Relative Strength Index is correcting towards the trendline. In this case, the price is expected to break 1/8 (0.9765) and continue falling to reach the support at […]
The United States SEC charged the American celebrity and influencer for promoting a cryptocurrency asset security without disclosing payments received to her followers. 1315 Total views 42 Total shares American socialite Kim Kardashian will pay $1.26 million in penalties for her involvement in the promotion of a cryptocurrency scheme called EthereumMax (EMAX). The United States […]