Trading news and analysis

Bitcoin and Altcoins Continue To Probe Key Levels Bitcoin price is facing a strong resistance near the USD 3,600 level. Ethereum and ripple are consolidating in a tight range, with a bearish structure. AOA and LKY traded higher and gained more than 10% today. This week, bitcoin price struggled to gain bullish momentum and settled below the USD 3,600 support level. BTC/USD is currently (UTC...
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Daily Insights Japan’s manufacturing activity stopped expanding in December. Activity in Japan’s manufacturing sector fell to the neutral mark in December, according to flash Purchasing Managers’ Index data out this morning, after two-and-a-half years of expansion. This follows trade data yesterday that showed Japanese exports fell 3.8% year over year in December, the slowest pace in two years amid slower growth in China and global trade tensions. Just one...
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The real-time Economic Calendar covering economic events and indicators from all over the world, automatically updated when new data is released.
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Pound Momentum Ebbs While it has now lost some momentum, the Pound Sterling had earlier struck an 11-week peak during overnight trading on renewed optimism that a no-deal Brexit can be avoided. The latest attempt by Parliamentary lawmakers to find an acceptable alternative seems to have garnered the backing of lawmakers, which improved sentiment favorably and had traders looking to add the Pound back into...
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Global Uncertainty Continues to Control Markets Global markets continued to look for direction on Thursday as investor uncertainty about the state of the global economy created opportunity for both concern and optimism. In Australia, employment data released on Thursday was above expectations, showing the creation of 21,600 jobs in December, significantly more than the 16,500 jobs predicted. The unemployment rate down under was settled at...
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