USD/CHF jumps toward 0.9900 on the back of a stronger US Dollar
Read more on https://www.fxstreet.com Read More: USD/CHF jumps toward 0.9900 on the back of a stronger US Dollar
Read more on https://www.fxstreet.com Read More: USD/CHF jumps toward 0.9900 on the back of a stronger US Dollar
Read more on https://www.fxstreet.com Read More: US Pres. Trump: Long way to go with China on trade
After the June US retail sales report, Fed funds have backed away from pricing in three rate cuts in 2019. The US Dollar is testing downtrend resistance dating back to the late-May highs. Read More: US Dollar Rebound Hinges on Reduction in Fed Rate Cut Odds
Gold is virtually flat for the month with price holding within a well-defined consolidate pattern. Here are the breakout levels that matter on the XAU/USD weekly chart. Read More: Gold Price Outlook: Breakout Trade Levels – XAU/USD Weekly Chart
#Bitcoin tanked from a local high of $11,950 to a low of $9,857. Most #altcoins experienced even larger losses. The biggest losers include $ETH, $BCH, $LTC, and $BSV —dropping 16.8 to 21.6 percent while $XRP held strong relative to $BTC. @CryptoDonAlt https://cryptoslate.com/bitcoin-below-10000-ethereum-litecoin-bitcoin-cash-xrp/ Read More: #Bitcoin tanked from a local high of ,950 to a low […]
Webinar highlighting active trade setups we’re tracking this week. Here are the targets & invalidation levels that matter on the technical charts. Follow Technical Strategist Michael Boutros @MBForex -Subscribe to DailyFX: https://www.youtube.com/DailyFXNews?sub_confirmation=1-Visit DailyFX: https://www.dailyfx.com-Twitter: https://twitter.com/DailyFX-Facebook: https://www.facebook.com/DailyFX/-LinkedIn: https://www.linkedin.com/company/dailyfx-com #DailyFX Welcome to DailyFX where subscribers get access to actionable and authoritative views on global financial markets. Why […]
In a recent briefing held by the U.S. Secretary of the Treasury Steven Mnuchin, the U.S. government revealed its stance on cryptocurrencies and the efforts it will carry upon to regulate Bitcoin because of its use in criminal activity and the threat it poses to the financial system. “This is indeed a national security issue,” Sec. Mnuchin said on the […]
Tether, the issuer of the USDT accidentally issued $5 billion worth of its own stablecoin while Poloniex was conducting a USDT chain swap from Omni to Tron. The CTO of Bitfinex and Tether said there had been an issue with the “token decimals,” after which the company burned the entire 5 billion supply. Tether makes […]
Following US President Donald Trump’s scathing remarks about Bitcoin and cryptocurrencies in general, the U.S. Treasury Secretary – Steven Mnuchin – is now placing crypto on the center stage of the US’ regulatory policy. Naturally, the crypto industry reacted swiftly to Mnuchin’s remarks that were made during a press conference held earlier today, and many […]
U.S. Treasury Secretary: Bitcoin, Crypto Are “National Security Issues” On Monday, the U.S. Treasury Secretary made it clear that he is aware of Bitcoin, cryptocurrencies, and Libra, especially in regards to what issues they pose to society and traditional finance. “This is indeed a national security issue,” Sec. Mnuchin said on the need for more […]
Politicians on both sides of the Atlantic had contrasting messages for Facebook and its forthcoming Libra project, as the social network begins its grilling at the hand of both American houses of parliament. In the United States, Treasury Secretary Steven Mnuchin told reporters at a press conference that Facebook “has a lot of work to […]
Craig Wright may or may not be Satoshi Nakamoto but his appearance in court doesn’t bode well for the cryptographer. Read More: Crypto Genius or Fake? The Craig Wright Saga Explained
“There are two big trends reflecting the size of this quarter’s buyback. The first is a rapidly strengthening market for digital assets and the other is the increasing popularity of our entire product line,” said Huobi Group CEO, Leon Li. Read More: Huobi Burns 14 Million Huobi Tokens Amid Revenue Gains
Altonomy, a trading desk and cloud mining company, has raised $7 million in equity investment. Read More: Polychain Leads Million Round in Crypto Trading Desk Altonomy
They don’t exist yet, but you can soon buy Polkadot tokens from CoinFLEX via a new mechanism: the initial futures offering (IFO). Read More: Polkadot Tokens Valued at Pre-Launch in Crypto ‘Futures’ Offering
Buy Tata Power Company Ltd. at a price target of Rs 72.0 and a stoploss at Rs 67 from entry point. Read More: Buy Tata Power Company, target Rs 72: Kunal Bothra
Buy Indraprastha Gas Ltd. at a price target of Rs 325.0 and a stoploss at Rs 309 from entry point. Read More: Buy Indraprastha Gas, target Rs 325: Kunal Bothra
Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season and Wall Street again closed at record highs. Read More: Asia Markets: Asian markets little changed as investors await earnings reports
“But Sunday left no doubt. Naivete, resentment and outright racism, roiled in a toxic mix, have given us a racist president.” Read More: Key Words: Trump is ‘a racist president,’ George Conway says
Read More: IPO Update: Health Catalyst Proposes IPO Terms
MAINBOARD-LISTED Tiong Seng Holdings will acquire the remaining 56 per cent interest in a joint-venture (JV) company Geostr-RV for S$1, making the JV a wholly owned subsidiary of the construction, civil engineering and property development group. Read More: Tiong Seng makes JV its unit by buying remaining 56% stake for S
THE Singapore Exchange (SGX) has approved the proposed delisting of Memtech International, subject to the completion of the compulsory acquisition by its controlling shareholders – the Chuang family, the company said on Monday night. Read More: Memtech's proposed delisting gets SGX nod; EGM not required
THE following companies saw new developments that may affect trading of their shares on Tuesday: Read More: Stocks to watch: Suntec Reit, KTL Global, Tiong Seng, Keppel Reit, Keppel Infra Trust
SINGAPORE stocks opened stronger on Tuesday, with the Straits Times Index rising 0.06 per cent or 1.86 points to 3,349.81 as at 9.01am ahead of stronger openings in the US and Europe markets. Read More: Singapore shares edge up at Tuesday's open; STI up 0.06% to 3,349.81
Daily Markets Broadcast 2019-07-16 Another record high US indices consolidated and extended recent gains to touch new record highs yesterday. The earnings season gets under way again while phone talks between Washington and Beijing are set to resume this week. US30USD Daily Chart Source: OANDA fxTrade The US30 index extended the recent rally […]
Energy gains are being dialed back as production restarts in the Gulf of Mexico while gold marks time. Agricultural commodities are mixed, though the majority are under pressure from abundant supply. Energy Slower China Q2 GDP, easing Middle East tensions and better weather conditions in the Gulf of Mexico all combined to pull CRUDE […]
Jim Cramer chats with VMWare COO Sanjay Poonen about the company's forecast, business in China, and the software firm's partnership with IBM. Read More: VMWare COO: 'I think we're in the golden age of software'
Both companies report earnings on Aug. 8, so the CBS and Viacom boards have set that as a natural deadline to agree to a merger. Price won't be discussed by the companies until the end of negotiations, sources say. Read More: CBS and Viacom set August target date for merger talks, after exploring for more […]
Former Wells Fargo CEO Richard Kovacevich says the depressed valuations for banks and other financial firms mean "this is the time" for acquisitions and mergers in the industry. Read More: Former Wells Fargo CEO: 'This is the time' for bank acquisitions