Fri, March 29, 2024

John Marley

John Marley is our junior contributor that focuses on Forex and equity markets. Before becoming an independent financial adviser, Mr. Marley graduated at EAE business school. His experience includes working for the brokerage and banking sector.

Libra and German government

Virtual Currencies, Libra Hit Challenges | WibestBroker

VIRTUAL CURRENCIES – Cryptocurrencies and Facebook Libra hit snags in recent days as global scrutiny strengthens. Yesterday, G7 countries said they had drafted a report of risks that come from digital currencies. They specifically mentioned the outlook for Facebook Libra. According to the G7 draft, even if the Libra Association members addressed concerns, they may …

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Charts

Daily Market Charts and Analysis October 15, 2019

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURJPY The pair managed a breakout above its trading channel in the previous three sessions, although after the breakout the trading volume has decreased, with the direction now biased on the downside. The price …

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Asian market: Stock market in the city

Asian Market Improves as Phase One Launches

Chinese stock figures slow as the US-China’s “Phase One” agreement affect the Asian market. The dollar imports and exports fell as details of their trade agreement emerged. While the agreement helped boost Asian figures, Chief Market Strategist at JPMorgan Tai Hui warns potential investors.  The world saw previous attempts for trade truces crumble. Hui claims …

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virtual currency concept; facebook Libra – WibestBroker

Virtual Currency: Visa, MasterCard Ditch Libra | Wibest

VIRTUAL CURRENCY – Visa, MasterCard, and E-bay just ditched Facebook’s Libra Association over the weekend. The departure of these big names from the association means a blowback to the project. It makes Libra’s potential universal acceptance by consumers and regulators a little blurrier. Among other partners that left Libra in the air are Stripe and …

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Wibest – USD to CNY: USD and CNY bills and coins.

USD to CNY Falls Despite Chinese Data | WibestBroker

The USD to CNY exchange rate fell in today’s sessions as the Chinese yuan strengthened. Both currencies gained against their other pairs in Monday’s trading.   However, when paired together, the greenback didn’t stand a chance against the yuan as the USD to CNY edged lower. Ideally, traders would expect the yuan to lose after …

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Chinese: Newly launched Huawei P Smart smartphone

How Huawei Still Affects the Asian Market

As one of the largest telecommunications equipment providers in the world, Chinese company Huawei inevitably impacts the Asian market. Many can claim the company started the US-China trade war in the first place. Their next conflicts lead to the 15-month long trade war and bled into other trades like agriculture and intellectual properties.  FBI Director …

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Wibest – Irish Prime Minister: A close up of a British pound coin.

Irish Prime Minister Revives Brexit Hopefuls

Last week, the British pound strengthened in sessions after news from the Irish Prime Minister supported the currency. Irish PM Leo Varadkar and British PM Boris Johnson discussed Britain’s divorce plan with the European Union. The British pound didn’t immediately rally in Friday’s session. However, it picked up its pace in the latter half. GBP …

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Russian crypto industry

Russia’s Central Bank and national cryptocurrency

Several years ago, the idea of national cryptocurrency was unimaginable, and only a few crypto analysts would think about this topic. However, digital currency is developing so fast that even governmental organizations are planning to enter the market. One of the examples of how the attitude towards digital currencies is changing comes from China. The …

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Digital currency market on October 10

Digital currencies and global tendencies

The cryptocurrency market is growing, and practically every day something unusual happens which is connected to digital currencies. As a result, people have to spend more time looking for information regarding cryptocurrencies. Hopefully, media outlets and the crypto community are also paying more attention to this evolving business. Crypto-related news even comes from the most …

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