What’s Driving the “Rush” for Gold-Backed Stablecoins?
2020 has started off with a bang when it comes to political tensions around the globe. Tensions between Iran and the United States briefly caused rumours of an upcoming… Read more »
Category: News
Canadian Dollar Price Forecast – Will USD/CAD Resistance Hold or Fold?
Canadian Dollar (CAD) Price, Chart and Analysis USD/CAD has tried to break the 200-dma twice in the last two days. Third time lucky? US dollar strength may be tested by… Read more »
Sliding Lower as Brexit Day Nears
GBP price, Brexit news and analysis: GBP/USD continues to fall back but remains above support from a trendline that previously provided resistance. With Brexit just two days away, the EU… Read more »
Dollar in Demand Ahead of Federal Reserve Decision By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar remained largely the currency of choice in early trading in Europe Wednesday, boosted by signs of a strengthening economy ahead… Read more »
Singapore Start-Up SynOption Launches e-FX Options Platform
SynOption Pte.Ltd., a start-up based in Singapore, announced this week that it has launched a trading platform for electronic foreign exchange (forex) options. According to a statement released by the… Read more »
For Some, Fed Focus Gives Virus a Breather
The first meeting for the Federal Reserve in 2020 will conclude later today, giving traders a chance to focus on the Fed’s comments rather than the coronavirus that has dominated… Read more »
Major currencies more steady on calmer risk mood
The aussie sees mild gains after Australian Q4 CPI data earlier ForexLive Australia inflation kept more steady towards the end of last year and that is helping to see RBA… Read more »
Japanese Yen Little Changed Despite Heightened Virus Worries By Investing.com
© Reuters. By Alex Ho Investing.com – The Japanese yen was little changed against the U.S. dollar on Thursday in Asia despite heightened concerns surrounding the deadly coronavirus originating in… Read more »
EUR/GBP Price Analysis: Snaps three-day winning streak
EUR/GBP takes a U-turn from 10-day SMA following three days of rise. 23.6% of Fibonacci retracement acts as immediate support. A two-week-old falling trend line holds the key to the… Read more »
Gold Price Outlook Hinges on FOMC Forward Guidance
Gold Price Talking Points The price of gold appears to have marked a failed run at the yearly high ($1611), with recent developments in the Relative Strength Index (RSI) offering… Read more »