Forex

GBP/USD: In the blink of an eye, recovers from 1.2030 low

19:00 11 January /2017 Forex

The GBP/USD received all the support and oxygen necessary due to an awkward press conference that for more than 20 minutes has provided no clues as far as a direction to dollar bulls.As of writing the pair is up +100 pips leaving behind another deep low around the 1.2030 area  gbpusdDonald Trump's press conference - Live stream

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Crypto Today: Bitcoin continues to pull away from highs, ether extends rally

The BTC/USD pair lost nearly $2000 on Wednesday and tested the $16K handle before going into a consolidation phase above that level. According to the latest available data on coinmarketcap.com, the pair was trading at $16680, losing 4.85% on the day. Today's slide in bitcoin prices seems to be the p

01:00 14 December /2017 Forex

We do not expect too deep a USD pullback - Westpac Eren Sengezer

"There are a couple optimistic tweaks here and there but otherwise the Fed delivered a steady policy message. The USD and yields have fallen, markets probably disappointed the Fed did not deliver a more decisive signal," Westpac economist Richard Franulovich wrote in a recent report.Key quot

01:00 14 December /2017 Forex

Yellen's swan song: Few surprises - BBH Eren Sengezer

"The Federal Reserve hiked the Fed funds target by 25 bp for the third time this year, as was widely expected.   Both the Chicago and Minneapolis Fed presidents dissented," pointed out BBH analysts.Key quotes

00:00 14 December /2017 Forex