Iran is about to launch its Rial digital currency, which is being developed by the Informatics Services Corporation. According to the agency’s CEO, Seyyed Abotaleb Najafi, the coin will support… Read more »
Daily Outlook Daily Pivots: (S1) 127.99; (P) 128.52; (R1) 129.28; Intraday bias in EUR/JPY is neutral for consolidation above 127.49 temporary low. Another fall is expected as long as 130.14… Read more »
Daily Outlook Daily Pivots: (S1) 1.5506; (P) 1.5584; (R1) 1.5649; With 1.5693 minor resistance intact, further decline is expected in EUR/AUD. Current fall from 1.6357 should 1.5271/5313 cluster support zone… Read more »
Japan’s Government Pension Investment Fund (GPIF), the largest pension fund in the world, is now prepared to make hedges on a variety of currencies, the head of the fund said… Read more »
Op-Ed This article about the problem with stablecoins was written by Kevin Murcko, the CEO at cryptocurrency exchange, CoinMetro, and forex broker, FXPIG. Stablecoins — digital coins which peg their… Read more »
News Christine Lagarde, the managing director of the International Monetary Fund (IMF), has said central banks throughout the world should consider issuing digital currency to make transactions more secure. At… Read more »
Daily Outlook Daily Pivots: (S1) 0.8701; (P) 0.8729; (R1) 0.8747; Intraday bias in EUR/GBP remains on the downside for the moment. Break of 0.8722 indicates resumption of whole decline from… Read more »
TALKING POINTS – CHINESE YUAN, US DOLLAR, TRADE WAR, FED, AUSSIE DOLLAR The Chinese currency is on the ropes against the US Dollar It is hardly alone there. US monetary… Read more »
The North Korean government is currently facing a flurry of accusations related to cryptocurrency hacks, cryptojacking attacks, and money laundering. Its regime, which is currently reeling from sanctions imposed by… Read more »
Last Week we gave Weekly Trend Level of 73.56 We got entry on both long and short side, Long did 2 target on upside and short all… Read more »