U.S.Dollar weakness continues to offer support to the commodities complex, with the USD index trading down to its lowest levels since early March. This has helped to push ICE Brent back above US$67...
Stock markets are looking as vulnerable as ever, with mounting concerns over the outcome of the November 3rd election adding to fears of the ongoing coronavirus pandemic and fiscal stimulus...
Talking Points: Ethereum (ETH) has witnessed a 6% drop over the last 24 hours on the back of the stock drop. The Dow Jones dropped 3% during yesterday’s trading session. Experts believe that ETH...
Talking Points: The European Central Bank will announce its forward guidance on Thursday. With an increase in the number of Coronavirus infections in France, Germany, and other parts of Europe, the...
The dollar held its own on Monday, as rising coronavirus cases across Europe and the United States combined with a lack of progress toward a U.S. stimulus package put traders in a cautious mood,...
Talking Points: XRP is trading at 0.252 USD after a 4.5% price rise over the last 24 hours. Like many cryptocurrencies, the token saw a price hike following Paypal’s announcement about its move...
Crude Rose over 1% on Tuesday on hopes that the United States was getting close to sealing a deal on coronavirus relief, but the continued threat to demand from rising COVID-19 cases worldwide and a...
At the start of Wednesday’s session, both Asian shares and U.S. stock futures were rising as optimism grew over a new round of U.S. stimulus money. MSCI’s broadest index of Asia-Pacific shares...
Chainlink’s upward potential is capped at 11 USD, however, a hike in buying pressure might be enough to break through this obstacle. Talking Points: Chainlink could be on the brink of another...
Talking Points: Jerome Powell Chairman of the Federal Reserve said that the U.S. must get a central bank digital currency (CBDC) right rather than being the first to launch one. The U.S....
Asia’s commodity currencies crept higher on during Monday’s session as China continues to rebound from the COVID-19 pandemic, staying on course from gains in the last quarter. even as a caution...
Iowa farmers were struggling a year ago as Donald Trump’s trade war with China took a huge bite out of soybean exports. Now, a year later, they’re finding buyers overseas and the soybeans...
The GBP is drifting to the start of today, with the GBP/USD pair back under $1.2900 ahead of the European trading session, but momentum looks unlikely to retest lows of $1.2863 seen earlier this...
Chainlink (LINK) has encountered a small correction and may be ready for a surge again, while The Crypto Fear and Greed Index remained at a neutral level of 53, compared to the day before where it...
Positive patterns and good fundamentals appear to be backing the three altcoins Ripple (XRP), DASH and Compound (COMP). With the moving averages favouring a bullish trend for XRP. DASH has also...
Talking Points: ETH rejected at 395 USD, leaving 400 USD unobtained. ETH/USD reacts to oversold status, but analysis suggests that the most solid support is between 351 and 361 USD. Ethereum was...
Oil prices continued to trade steadily on Tuesday, although they were sitting on losses of nearly 3% from the previous session after supplies began to kick back into action in Norway, the Gulf of...
Talking Points: Bitcoin (BTC) has seen a strong rally since the 9,800 USD lows witnessed in September. At the time of publishing the key cryptocurrency was trading at 11,400 USD. Many believe that...
The USD was up on Monday in the Asian session, with negotiations over the latest stimulus measures in the U.S. delayed further and the CNY seeing a drop after the Chinese central bank announced...
For large parts of the past decade, silver has been regarded as “always the bridesmaid, never the bride” with its comparison to gold. In the past few months, it seems, it has started to shine....
XRP price has battled over the last couple of days with the 90-day moving average (MA), failing to remain over the resistance level after each climb above it. After the market correction on the 2nd...
Asian stock markets advanced to a two-week high during Tuesday’s session after U.S. President Donald Trump was discharged from hospital following treatment for COVID-19 and as a fresh U.S. stimulus...
President Trump Leaving Hospital earlier this morning. The dollar continued to hold tight ranges against other currencies on Monday as investors awaited some clarity on the health of the U.S....
Talking Points: The DeFi sector has seen huge growth in 2020. After taking over two and a half years to reach the 1 billion USD in TVL, DeFi currently sits at over 11 billion USD just in the last...
Corn & Soybean The quarterly grains stocks report from the USDA ( United States Department of Agriculture) was slightly bullish for corn and soybeans, reporting large withdrawals for both. USDA...
Yesterday’s session saw all three commodity currencies gain ground. The USD/CAD pair fell upon a better than expected GDP report. Meanwhile, both the AUD/USD and NZD/USD gained ground as well. The...
Talking Points: Bitcoin (BTC) has been causing the whole crypto market to see some vulnerability, which has had a major impact on Ethereum (ETH) and numerous other altcoins. ETH is currently...
The coronavirus epidemic, coupled with the related collapse in global interest rates, has turned the tables on the historical belief that the JPY strengthens during crises, sparking warnings for...
Bitcoin (BTC) price has halted and stuck below 11,000 USD driving traders to look for greener pastures in altcoins and DeFi tokens. For the last couple of weeks, BTC price has moved close to 8,500...
The dollar hardly moved in Asian trade on Wednesday, as traders took ringside seats and assessed a fierce first debate between Republican President Donald Trump and Democratic rival Joe Biden ahead...