JPY News Reviews 

JPY Daily Review July 31, 2019

JPY Daily Review for July 31, 2019 USD/JPY technical analysis: 108.30/25 is the level to beat for sellers Following its recent decline on the back of overbought RSI levels, the USD/JPY pair trades near 108.50 during early Monday.   USD/JPY pulling back from daily doji and ahead of trade-talk noise and the Fed USD/JPY has started out on the backfoot in Tokyo today, testing the 50-day moving average and falling just shy of the 109 handle and stop territory. T   GBP/JPY struggles around 3-day low, in search of a…

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Heads-up News 

Tokyo Trading Session Heads Up Wednesday, July 31, 2019

Tokyo opening news digest Dr. Michael Burry Of ‘Big Short’ Likes Asian Stocks Famed Scion founder opens Asia fund focused only on certain countries   Get Ready for a Weaker U.S. Dollar… And Stronger Gold With the Fed having locked in a rate cut, the question now is: What happens in the months to come? Is this simply a one-off, or is it indeed the start of a new easing cycle?   US Dollar Price Action Eyes BOE, PMI Data Post-Fed Rate Cut The August Bank of England meeting and…

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AUD News Reviews 

AUD Daily Review July 31, 2019

AUD Daily Review for July 31, 2019 AUD/USD: Contained on 0.69 handle in bear’s market ahead of key event risks this week AUD/USD is currently trading at 0.6910, contained in a tight range at the start of the week. There is very little to go on initially, but its a big we   AUD/JPY technical analysis: Buyers can benefit from 75.00/74.98 area amid oversold RSI Having dropped to the lowest levels in a month, the AUD/JPY pair recovers to 75.10 during the early Asian session on Monday.   AUDUSD Carves…

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Heads-up News 

Sydney Trading Session Heads Up Wednesday, July 31, 2019

Sydney opening news digest The Conflicted Fed The Fed has refused to promise the market more interest rate cuts and with good cause, since policy makers remain highly conflicted on what the economy needs.   Fed’s Quarter-Point Rate Cut: Weak Global Growth, Trade Tensions, Muted Inflation Cited Hearing from Fed Chair Jerome Powell that today’s rate cut is simply a “mid-cycle adjustment” appears to be disappointing the stock market, where some investors might have hoped for more hints of additional easing.   How Important Is Frito-Lay For PepsiCo’s Growth? Frito-Lay…

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Crypto News Reviews 

Bitcoin News Digest Wednesday, July 31, 2019

Beating Bakkt, LedgerX Is First to Launch ‘Physical’ Bitcoin Futures in US Any U.S. resident with a government-issued I.D. can now trade futures contracts for real bitcoin. Revealed exclusively to CoinDesk, LedgerX has offic   CheapAir.com and Bitcoin.com Partner to Serve Bitcoin Cash Travelers CALABASAS, Calif., July 31, 2019 /PRNewswire/ — Online travel agency CheapAir.com and Bitcoin.com today announced a partnership to serve crypto travelers. The partnership will help crypto travelers find the best deals on flights and hotels around the world. In 2013, CheapAir.com became the first U.S   CheapAir.com…

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News Regulators Reviews 

Policy Daily Review July 31, 2019

Policy Daily Review for July 31, 2019 Republican Banking Committee Senators Continue Their Harmful Bank Deregulatory March Banking Committee Republican senators continue to push their deregulatory agenda. It is one thing to help community banks; it is definitely not necessary to help bigger, more complex banks that can pose a systemic risk. Republican politicians should help taxpayers not big banks.   Fed, ECB Look Set To Embark In Accidentally-Coordinated Interest Rate Cuts The Federal Reserve and the European Central Bank look set to embark on a similarly-timed new round of…

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News Oil Reviews 

Oil Daily Review July 31, 2019

Oil Daily Review for July 31, 2019 Gold Price, Crude Oil Price: Breakouts Ahead of Fed Rate Decision The technical set-up for both gold and crude oil remains positive with both breaking through resistance. Care needs to be taken however if the Fed disappoints later today.   Bitcoin Price Chart is Coiled like a Spring, will it Bounce or Break? Bitcoin has seen its trading range narrow as bulls and bears hash out price action on the ledge of nearby support which, if broken, could see BTCUSD price slump another…

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News Reviews USD 

USD Daily Review July 31, 2019

USD Daily Review for July 31, 2019 EUR/USD: Traders Remain Net-Long Suggesting Prices May Fall Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bearish contrarian trading bias.   GBP/USD: Retail Data shows 76.8% of Traders are Net-Long Positioning is less net-long than yesterday but more net-long from last week. The combination of current sentiment and recent changes gives us a further mixed GBP/USD trading bias.   Canadian Dollar Outlook: USDCAD Eyes GDP Data and FOMC Decision…

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Heads-up News 

New York Trading Session Heads Up Wednesday, July 31, 2019

New York opening news digest Republican Banking Committee Senators Continue Their Harmful Bank Deregulatory March Banking Committee Republican senators continue to push their deregulatory agenda. It is one thing to help community banks; it is definitely not necessary to help bigger, more complex banks that can pose a systemic risk. Republican politicians should help taxpayers not big banks.   Which European Bank Has The More Profitable Business Model: HSBC or UBS? HSBC (NYSE:HSBC) is one of the largest banks in the world, and arguably the most geographically diversified bank in…

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Crypto News Reviews 

Bitcoin News Digest Monday, July 29, 2019

Iran Authorizes “Haram” Bitcoin as US Sanctions Choke Economy The Iranian government has authorized the mining of cryptocurrencies like bitcoin as an industrial activity on the sidelines of a gloomy economic outlook.   Bitcoin Eyeing Deep Downside Correction Below $7k: Analyst Bitcoin is one step away from testing $6,700 as support, according to prominent analyst DonAlt. The crypto trader on Monday measured the current bitcoin   Dark Web drug kingpin charged, forfeits $4 million in Bitcoin The narcotics seller specialized in drugs used to sedate elephants.   Bitcoin Faces Sub-$9K…

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