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Friday 14 May 2021
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Archives post

Daily U.S. Session Watchlist: USD/CAD

The BOC is up in a few hours and markets are betting on some tapering from the central bank. How will the decision affect USD/CAD?

Daily Asia-London Sessions Watchlist: EUR/USD

The euro could see a round of increased volatility with tomorrow’s European Central Bank statement. Will Lagarde and company get forex...

Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers

The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million...

South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’

The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises...

Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin

Guggenheim CIO Scott Minerd has warned of a “major correction” in bitcoin in the near term. Claiming that bitcoin is...

Ferrari Unveils First Details of Special Edition V12 Car Based on 812 Superfast

MILAN (Reuters) – Luxury carmaker Ferrari on Wednesday unveiled initial details of its new supercar, the first of three new models it has...

European Equities: Economic Data, the ECB, and Corporate Earnings in Focus

After a partial recovery on Wednesday, the markets will shift attention to the ECB today. Economic data from the Eurozone and the U.S will...

Economic Data Puts the EUR and the Dollar in Focus, with the ECB also in Action Today

Economic data from the Eurozone and the U.S will be in focus later today. The ECB press conference will be the main event of the day,...

Gold Forecast: Has XAU/USD Price Action Officially Bottomed?

Gold bulls have staged an eye-catching rebound to eight-week highs with XAU/USD price action catching a strong bid as real yields edge...

Australian Dollar Outlook: Sentiment Buoys AUD/USD but Tensions With China Mount

AUD/USD rose to a lingering resistance level, buoyed by Wall Street sentiment. Renewed tensions between Australia and China may weigh on...