ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 31, 2019. See details below: FOREX The Pound remains under pressure, despite a modest recovery against other major currencies during early Wednesday trading. On Tuesday Sterling touched its lowest in more than 2 years, as the probability of a no-deal…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 30, 2019. See details below: FOREX On Tuesday the Pound hit the lowest level against the US Dollar in more than 2 years. Sterling weakness results from increased chances of a no deal Brexit, which is seen by the markets…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 29, 2019. See details below: EUROPEAN SHARES European markets opened mixed following a decline in Asia overnight, as investors brace for what is going to be a very busy trading week. The focus will be on the U.S.-China trade talks…
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Ray Dalio, an American billionaire investor, hedge fund manager, and philanthropist, has recently stated that financial markets are going through what he calls a “paradigm shift”. He is also head of the world’s large hedge fund, Bridgewater Associates, and often has a unique perspective on the market, based on years of experience. In other words,…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 26, 2019. See details below: FOREX Mario Draghi spoke yesterday at the end of the ECB’s policy committee meeting and the Euro recovered some of the losses recorded during previous sessions, when it had hit 26 months’ lows. Mr Draghi…
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The CEO of Grayscale Investments, Barry Silbert, is smiling broadly these days over the future prospects of his firm. Recent research by Grayscale, the world’s largest digital currency asset manager with more than $2.6 billion across 10 products under its management, demonstrates that a significant portion of some $68 trillion of wealth in the U.S.…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 10, 2019. See details below: FOREX The US Dollar Index is trading flat on Wednesday, hovering just above 97.00, as investors await the testimony of the Federal Reserve’s chairman, Jerome Powell, to the Financial Services committee of the US congress.…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 9, 2019. See details below: FOREX/BREXIT The Pound touched year lows against the Dollar on Tuesday, trading below $1.2490. Sterling’s fall is explained by ongoing Brexit uncertainty and a slow down in economic activity. Construction and manufacturing activity contracted in…
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Gold has been rallying of late, topping $1,400 per ounce for the first time in six years, after recording its seventh straight week of positive gains. Gold Bugs are once again pounding their chests with pride and continuing to cast derisive insults at Bitcoin and other crypto assets, as if there were some reverse correlation…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 5, 2019. See details below: GOLD Investors are all focused on the NFP figures expected in a couple of hours from the U.S. and gold, currently traded at $1,410/1,420, is showing little volatility. From a technical point of view, we…
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