Australian Dollar Talking Points AUD/USD trades in a narrow range following the failed attempt to test the 2019 high (0.7295), but the Australian Dollar may continue to outperform its US… Read more »
Bitcoin is currently growing incredibly strong from a technical and fundamental perspective. One indicator of the digital asset’s fundamental strength is the massive exchange outflows seen throughout the past several… Read more »
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this… Read more »
US June 2020 advanced goods trade data Prior was -$74.3B Imports $173.23B Exports $102.59B Exports -23.9% y/y Imports -17.2% y/y This is notably better than expected and last month’s data… Read more »
European Central Bank’s Isabel Schnabel, a German economist. ECB likely to use full PEPP if their their baseline forecasts hold From an interview on July 16 and published July 21… Read more »
The U.S. Federal Reserve’s balance sheet is contracting, but despite popular opinion that’s not necessarily bad news for bitcoin. The central bank’s balance sheet declined by $88 billion to $6.97… Read more »
Gold Fundamental Forecast, XAU/USD, Bullion – Talking Points The provision of further monetary and fiscal stimulus may buoy gold prices as climbing Covid-19 cases ravage the US economy However, contraction… Read more »
Bitcoin plunged back towards $9,000 despite showing signs of upside correction in the early Friday session. The latest price correction coincided with the Federal Reserve’s balance sheet contraction that strengthened… Read more »
EUR/USD, S&P 500, Federal Reserve Balance Sheet, Europe Open – Talking Points: Light volume made for a relatively timid APAC trading session, with risk assets nudging slightly higher The Federal… Read more »
The European Central Bank (ECB) is expanding its balance sheet and injecting liquidity into the system at a frantic pace in a bid to help the economy absorb shocks arising… Read more »