After sinking to 1985 lows in March, GBP/USD is bouncing sharply while the quote remains below its main simple moving averages (SMAs) on the daily chart.
Blogs
Roland Schilling Joins Broadway Technology
He held senior management positions at CME Group and Integral earlier in his career
US State Regulators Hit ‘Ultra BTC Mining’ With Cease-And-Desist Order
They are telling potential investors that a $10,000 investment in computing power will return nearly $10,500 per year.
Britons Warned to Watch out for Instagram FX Scams
While these bogus profiles advertise get-rich-quick schemes, they do not even have a website and operate solely on social media.
Former EBS e-FX Specialist Kimberly Myers Becomes CEO at Social Media Platform All of Us
She held a money market sales position at CME Group earlier in her career
3 Things to Know When Trading Earnings Announcements
Earnings season is a period ripe with trading opportunities and volatility but can be unpredictable. Here are 3 things to know when trading earnings season.
US Recession Watch, April 2020 – Recession Odds Artificially Low
The NY Fed Recession Probability indicator only indicates an 18% chance of a recession within the next year. That seems low.
Expect another 6.5m jobless claims on Thursday – BofA
The consensus on jobless claims is 5.0 million For bank trade ideas, . Bank of America Global Research discusses its expectations for tomorrow's US initial jobless claims for the week ending April-4.
Oil jumps on cut talk from Algeria
Quick move higher in oil Algeria's oil minister said production cuts at OPEC+ could reach 10 mbpd. There's so many minefields in the statements. It's unclear whether the benchmark for that is Q1 production or if it includes the extra 2.5 mbpd that Saudi Arabia is dumping now.
FOMC minutes: Trading conditions across a range of markets were severely strained
Comments in the minutes of the March 15 meeting This is nothing new but worth repeating: With regard to monetary policy beyond this meeting, these participants judged that it would be appropriate to maintain the target range for the federal funds