ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 12, 2019. EURUSD The Euro closed lower on Thursday, closing at 1.1261(-14 pips) against the greenback. The American dollar advanced across the FX board, as better-than-expected data leaned the scale in its favor ahead of…
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ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 12, 2019. Forex The Euro is showing strength against the Dollar, in early Friday trading. This is the result of a growing risk appetite in the markets, following encouraging figures related to the growth of Chinese exports which in turn supports the…
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ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 10, 2019. Forex/Brexit The Pound remains within a tight range, currently trading around $1.30. Despite overnight reports pointing to EU intentions to offer the UK an extension to article 50, that could last for up to a year, the Pound barely moved.…
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ActivTrades' Market Analysts have provided their daily commentary on traditional markets for April 9, 2019. Forex The British Pound remains within a tight range, around the $1.30 mark. This lack of movement reflects to some extent the markets uncertainty about the outcome of the Brexit process, as well as unwillingness to trade Sterling until there…
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The following article was written by ATFX Chief Market Strategist. Alejandro Zambrano. Forex markets are quiet, and even more so the EURUSD. Since March 28, the price has been oscillating around the 1.1220 level in a 71-pip range and using the daily Average True Range indicator (14), we need to go back to September 2014…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 22, 2019. Highlights include: Rising Inequality a Backdrop at Davos: The annual forum in Davos is a meeting of the world’s wealthiest to try to solve inequality, a problem that has risen following the…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 21, 2019. Highlights include: US, UK Governments Approach Standstills: Thousands of US government workers and contractors are feeling the pinch as the shutdown doesn’t seem to have an end in immediate sight. Meanwhile, Brexit…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 17, 2019. Highlights include: Jack Bogle Dies: Vanguard founder Jack Bogle passed away. He introduced index funds to financial markets. Analysts Advise “Buy the Dip”: Despite geopolitical and economic uncertainty, solid earnings from bank…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 16, 2019. Highlights include: Bitcoin Futures Market: The contracts for bitcoin futures are currently in backwardation, but given their low trading volume, this may not be significant. Global Economic Reliance on Debt: The Institute…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 15, 2019. Highlights include: Institutional Crypto Adoption: Things are moving forward as seen with Wall Street backed service Bakkt, who yesterday announced they’ve acquired Rosenthal Collins Group. Global Tax Cuts: Stocks are up on…
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