You are here

Tag: FOREX

Foreign Exchange

News Reviews USD 

USD Daily Review February 15, 2019

newsbot, , ,

USD Daily Review for February 15, 2019 JPMorgan Announces ‘JPM Coin,’ A USD-Pegged Cryptocoin For Cross-Border Payments, Security, And More After years of bitcoin skepticism, Jamie Dimon-led JPMorgan launches first bank-backed cryptocurrency.   FX Price Action Setups in EURUSD, USDCHF and the US Dollar A number of price action setups were discussed in this webinar, with focus around the US Dollar and related pairs.   Sterling Weekly Price Outlook: GBP/USD Breakdown Facing Key Support A three-week decline in the British Pound has taken price back into critical support at the…

Read More
News 

InstaForex Adds Former Chess World Champion as Brand Ambassador

newsbot, , ,

“Seven years later, Anand went on to become the world champion in Chess, a title he held for six years” writes Celeste Skinner for financemagnates.com. InstaForex, a foreign exchange (forex) broker headquartered in Kaliningrad, Russia, announced a new sponsorship deal, this time, heading into the world of Chess by signing Viswanathan Anand as a brand ambassador. Source: financemagnates.com

Read More
GBP News Reviews 

GBP Daily Review February 15, 2019

newsbot, , ,

GBP Daily Review for February 15, 2019 Brexit News: Sterling (GBP) Eyes Latest House of Commons Clash UK PM May will go to the House of Commons this evening asking for their support in ongoing talks with the EU, but media reports   EUR/GBP advances to session highs around 0.8780 The Sterling has reverted the initial optimism and is now helping EUR/GBP to move higher and test session tops in the 0.8780 region. EUR/GBP looks to   Sterling Weekly Price Outlook: GBP/USD Breakdown Facing Key Support A three-week decline in…

Read More
EUR News Reviews 

EUR Daily Review February 15, 2019

newsbot, , ,

EUR Daily Review for February 15, 2019 Asia Stocks Mixed, Dismal European Data May Sour Sentiment Asia Pacific stocks traded mixed despite an upbeat China trade report and news the US may push back tariffs on the nation. Ahead, dismal European   EUR/USD firm near 1.1300 post-German GDP The buying interest have returned to the shared currency in the second half of the week and is now lifting EUR/USD to the 1.1280 region in the wake of   EUR/USD is sitting at key support level – Commerzbank Karen Jones, analyst…

Read More
JPY News Reviews 

JPY Daily Review February 15, 2019

newsbot, , ,

JPY Daily Review for February 15, 2019 USD/JPY hits 2019 high above 111.00 on Trump’s flexibility on tariff deadline The already buoyant USD/JPY has received a further boost from the news that President Trump is considering extending the tariff deadline by 90 days.   JPY futures: upside could lose momentum Flash data for JPY futures markets from CME Group noted investors added around 1.9K contracts to their open interest positions on Wednesday from Tuesd   GBP/JPY Technical Analysis: Sterling drops 170 pips against the Japanese Yen GBP/JPY daily chart GBP/JPY…

Read More
AUD News Reviews 

AUD Daily Review February 14, 2019

newsbot, , ,

AUD Daily Review for February 14, 2019 Here’s Why Saudi Aramco May Be Coming To An Oil Field Near You Saudi Arabia’s national oil company is gearing to buy up oil and gas assets around the world.   Breaking: US President Trump considering 60-day extension for deadline on higher tariffs for China imports, Aussie tests 0.7120 US President Trump considering 60-day extension for deadline on higher tariffs for China imports, Aussie tests 0.7120   AUDNZD Looking to Extend Breakdown Below Support AUDNZD was hit hard yesterday on Kiwi strength, now…

Read More
Crypto News Platforms 

HSBC Reports 25% Savings in Forex Trade Settlement Using Blockchain

newsbot, , , , , ,

“Beyond forex, HSBC is also one of a dozen banks to have launched a new blockchain trade finance platform last October, alongside BNP Paribas and Standard Chartered” writes Marie Huillet for cointelegraph.com. London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for foreign exchange (forex) trade settlement by a quarter, Reuters reported on Feb. 14.The platform — based on a distributed, but permissioned, ledger — reportedly allows HSBC to coordinate payments in real time across its trading hubs in the Americas, Europe and Asia Pacific.In offering significant cost…

Read More
News Reviews USD 

USD Daily Review February 14, 2019

newsbot, , ,

USD Daily Review for February 14, 2019 NZDUSD Elliott Wave Analysis: Triangle Takes Over NZDUSD appears to be carving a bullish triangle wave in Elliott wave terms. This implies sideways consolidation and eventual break higher while holding above .6423.   NZD/USD Rallies on Mixed RBNZ Guidance- Orr Testimony in Focus The testimony with RBNZ Governor Adrian Orr may continue to shake up NZD/USD as the central bank warns that the next move in the cash   GBPUSD: Cable Catches Support at Key Zone – Can Bulls Hold the Line? Cable…

Read More
GBP News Reviews 

GBP Daily Review February 14, 2019

newsbot, , ,

GBP Daily Review for February 14, 2019 GBP Shrugs off Weaker UK Inflation as Prospect of No-Deal Brexit Recedes UK inflation eased to 1.8% year/year in January, below the 2.0% expected, but the Pound edged only marginally lower, supported by comments Tuesday suggesting that   Breaking: GBPUSD shoots above 1.2950 on Brexit hopes The European Union seems to be waiting for a formal request to extend Article 50 and push back Brexit. They said such a UK request had not been receiv   EUR/GBP targets 0.8800 on poor UK CPI…

Read More
EUR News Reviews 

EUR Daily Review February 14, 2019

newsbot, , ,

EUR Daily Review for February 14, 2019 KBC Bank: Looking for more convincing signs of a bottoming process for EUR/USD KBC Bank analysts point out that the EUR/USD pair has failed the test of 1.1270 area and they are looking for some more strong signs of bottoming proc   When is the US CPI and how could it affect EUR/USD? US December CPI Overview Today’s US economic docket highlights the release of the latest consumer inflation figures, due for release later during the   EUR/GBP targets 0.8800 on poor UK…

Read More