After dropping to 1985 lows in March, GBP/USD is bouncing sharply while the quote remains below the main simple moving averages (SMAs) on the daily chart. The
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Russia's Novak: Total oil output cuts in May-June may total 15-20 million bpd
Russia's Energy Minister Alexander Novak said on Monday that the total oil output cuts in May and June could total 15-20 million barrels per day (bpd)
Will the Aussie get the better of bears?
Speculators believe that the worst is yet to come for the AUD/USD If the majority were always right, the Earth would still be going around the Moon. Hedge funds believe that the AUD/USD rebound up from its seventeen-year lows is just a correction. While the global economy is stepping into the worst quarter since the […]
Analysis for oil, gold, and EUR/USD for 13.04.2020
USCrude – oil Oil middle-term uptrend continues. The buy target in the trend is Target Zone 2 [30.75 – 30.19]. The trend key support is in the zone of [23.29 – 22.73]. The price is now testing this support. It is time to look for buy entries. The short-term is down. The price reached Target […]
Dollar has a long, hard road to go
Is a V-shaped recovery of the US economy impossible? Who will pay for the party? According to Goldman Sachs, it will require to issue $3 billion of Treasuries to fund the coronavirus aid package approved by Congress to support households, companies and local governments. The major buyer of the newly issued debt will be the […]
CLS Sees 60% Spike in FX Spot Volume Amid Coronavirus Volatility
The average daily traded volume submitted to CLS was $2.19 trillion in March 2020, up 21 percent month-over-month.
DeCurrent Issues $25M in New Shares to Enhance Crypto Trading
IIJ now holds 30 percent of the crypto exchange platform.
Binance Adds Bitcoin Options on Its Futures Platform
The platform will list contracts with expiry between 10 minutes to a day.