Search Results for: Trading
Asian Stocks Advanced; Here Are Some Of The Key Events Coming This Week
December 11th, 2017
Asian Stocks advanced, though volumes were subdued, after U.S. labor market figures lifted optimism on global growth, propelling Wall Street to fresh record highs. The dollar declined. The Nikkei 225 Stock Average reclaimed a 26-year high as Tokyo shares ...
Elliott Wave Intra-day updates: USDMXN and CADJPY
December 6th, 2017
Elliott Wave Intra-day updates: USDMXN and CADJPY USDMXN is bearish since November 15th, when higher degree wave 5 found a top and price started to drop in impulsive fashion. Well, we now see a completed five-wave fall at ...
Western Union Blocks Cryptocurrency-Related Transactions
December 6th, 2017
International money transfer services provider Western Union (WU) has launched a campaign against wire transfer transactions involving digital currency exchanges. The company’s decision to disallow cryptocurrency-related services or transactions is covered by its internal regulations. In a post by ...
Pound to Euro Exchange Rate Worsens as Brexit Agreement Remains Elusive
December 6th, 2017
The Pound has struggled to make any gains, having tumbled against the Euro because of growing fears of missed Brexit deadlines. The Euro has had a much better day of trading, having advanced against the dented Pound thanks to ...
The Bitcoin Futures Race Is On
December 5th, 2017
The race to get bitcoin futures is now on. The CBOE announced Monday it would begin trading bitcoin futures on Sunday evening at the start of global trading hours. The first full day of trading would be on Monday, ...
Supervisory Authority Halts A Fast-Moving Initial Coin Offering Fraud That Raised Up To $15 million
December 5th, 2017
The Securities and Exchange Commission (SEC) announced it obtained an emergency asset freeze to halt a fast-moving Initial Coin Offering (ICO) fraud that raised up to $15 million from thousands of investors since August by falsely promising a 13-fold ...
Oil prices edge up on expected drop in U.S. crude stocks
December 5th, 2017
Oil prices nudged higher on Tuesday, buoyed by expectations of a drop in U.S. crude stockpiles and after last week’s deal between OPEC and other crude producers to extend output curbs. International benchmark Brent crude futures were trading up 6 ...
Elliott Wave Intraday Video: AUDJPY, NIKKEI, OIL, USDCAD
December 4th, 2017
Elliott Wave Intraday Video: AUDJPY, NIKKEI, OIL, USDCAD USDCAD was trading bearish through May 2017 and through September. We can see that a five-wave impulse had unfolded on the daily time frame and later found a low at ...
The U.S. dollar bounced to a two-week top
December 4th, 2017
The U.S. dollar bounced to a two-week top on Monday and S&P futures jumped as traders marked the passage of a Senate tax bill over the weekend, a move that raises the risk of more aggressive rate hikes in ...
Monetary update for the dollar
December 1st, 2017
A dispassionate look at the quantities and flows of fiat dollars tells us much about the current state of the US economy, and therefore prospects for the dollar itself. This is a starting point for understanding the dynamics likely ...
