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Tuesday 18 May 2021
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Archives post

Billionaire Hedge Fund Manager Ray Dalio Says Government Outlawing Bitcoin Is ‘a Good Probability’

The Bridgewater Associates co-founder and chief investment officer, Ray Dalio, says that there is a good probability that the government...

Oaktree Capital Founder Howard Marks Changes His Mind About Bitcoin as Demand Soars and Price Jumps 10x

Oaktree Capital’s Howard Marks has warmed up to bitcoin. He admitted that he had a knee-jerk reaction to the cryptocurrency and...

Russian Anti-Money Laundering Body Will Monitor Crypto to Fiat Transactions, Says Official

Herman Neglyad, the deputy of the Russian anti-money laundering body, Rosfinmonitoring, has said his organization will monitor...

U.S Mortgage Rates Rise for a 6th Consecutive Week

Mortgage rates were on the rise once more last week. The upward trend in rates and home prices is beginning to take effect on refinancing...

The Week Ahead – Economic Data, COVID-19, and China in Focus

It’s a busy week ahead. While economic data will draw plenty of attention, rising tensions with China and COVID-19 news from the Eurozone...

The Crypto Daily – Movers and Shakers – March 28th, 2021

It’s a mixed start to the day for the majors. A Bitcoin move through to $57,000 levels should support the broader market, however.

US Dollar Rally to Benefit from Upbeat Non-Farm Payrolls (NFP) Report

The update to the US Non-Farm Payrolls (NFP) report may keep the US Dollar afloat as employment is expected to increase for the third...

Gold Weekly Price Forecast: XAU Caught Between Treasury Yields and USD

Gold price action was directionless last week as the precious metal was caught between tempered US Treasury yields and a surging US Dollar....

Euro Forecast: EUR/USD Outlook Bleak on Lockdowns, Third Wave Fears

EUR/USD is sure to bounce back at some time but for now it’s hard to see anything but further losses as the EU struggles with a third...

GBPCHF Wave Analysis 26 March, 2021

• GBPCHF reversed from support level 1.2800 • Likely to rise to resistance level 1.3000 GBPCHF continues to rise inside the accelerated...