Jobs surge, the Feb balks, and financial markets celebrate – What’s next?Jobs surge, the Feb balks, and financial markets celebrate – What’s next?Jobs surge, the Feb balks, and financial markets celebrate – What’s next?

After the break higher yesterday Bitcoin has consolidated into a bull flag formation.The technical pattern now looks susceptible to an upside break. There is also a relative strength index (RSI) trendline break on the cards that could indicate more upside pressure.Volume is much lighter than yesterday and if it does not pick up sometimes thatContinue reading “Jobs surge, the Feb balks, and financial markets celebrate – What’s next?Jobs surge, the Feb balks, and financial markets celebrate – What’s next?Jobs surge, the Feb balks, and financial markets celebrate – What’s next?”

Drop for the dollar in forex markets as Powell expresses pessimismDrop for the dollar in forex markets as Powell expresses pessimismDrop for the dollar in forex markets as Powell expresses pessimism

As per CoinDesk, ConsenSys is giving away $175,000 in grants to seven Ethereum-based projects. These projects include Lighthouse, Tellor and Alice, among others. ConsenSys Head of Experiential Marketing, Yadira Blocker, said about the grant recipients: “In Wave 1, we saw a lot of applications but they weren’t super strong. In Wave 2, we started toContinue reading “Drop for the dollar in forex markets as Powell expresses pessimismDrop for the dollar in forex markets as Powell expresses pessimismDrop for the dollar in forex markets as Powell expresses pessimism”

USDJPY: Yen to find itself as headline contender to out-performUSDJPY: Yen to find itself as headline contender to out-performUSDJPY: Yen to find itself as headline contender to out-perform

The Intercontinental Exchange and their flagship Bitcoin product Bakkt are said to be looking to jump in ahead of the CME group to release a Bitcoin options contract.Apparently, It wants to beat its rival CME, which is looking at a 1Q 2020 launch for its own bitcoin option contract. Deribit in Amsterdam already sell BitcoinContinue reading “USDJPY: Yen to find itself as headline contender to out-performUSDJPY: Yen to find itself as headline contender to out-performUSDJPY: Yen to find itself as headline contender to out-perform”

Bad news for euro in forex markets after poor data

Federal Reserve’s Mester has said that the US is likely to avoid a serious downturn.Speculators are pricing in a rate cut from the Fed for later this month. However, the concentration has been elsewhere this week with the seesaw trade talk headlines, conflicting from start to finish ahda of tomorrow’s key meting between Trump andContinue reading “Bad news for euro in forex markets after poor data”

Dollar looking gloomy in forex markets as others surge

AUD/USD is consolidated in early Asia following volatility overnight on a series of trade talks headlines that drove the Aussie both ways. AUD/USD is currently trading at 0.6757 having travelled between 0.6710 and 0.6774 overnight.Casting minds back to yesterday’s early Asia session, the pair was falling on the back of the pessimistic South China MorningContinue reading “Dollar looking gloomy in forex markets as others surge”

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