Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDHKD The pair is trading lower near a support line below the 50-day and 200-day moving averages. Prices have struggled to close higher although highs have been reached intraday. For Hong Kong, pro-democracy candidates …
Daily Market Charts and Analysis November 25, 2019 Read More »
The people’s Republic of China has the potential to influence the cryptocurrencies not only inside the country but on the international stage as well. Some industry experts believe in the nearest future, China will introduce its national digital. According to the preliminary information it will ready in two to three months. Local officials are willing …
Again, the mixed sentiment around the economic activities in the eurozone is capping the single currency’s run. Last week, the euro steadied against the dollar after the reports from the bloc’s economic performance were released. The rebound in the Eurozone’s biggest economic asset’s economy, Germany, wasn’t enough to push the euro upward. Germany’s gross domestic …
Janet Yellen was the chairperson of the U.S. Federal Reserve from 2014 to 2018. According to Yellen, the U.S. economy is in great shape. However, there are certain problems that can affect the economy. She thinks that one of the biggest challenges for the U.S. economy is wealth inequality. It is no secret that inequality …
Economy: Former Fed Chair and the risk of recession Read More »
The EUR/USD trading pair is flat in today’s trading after seeing mixed results from various economic reports in the Eurozone. The positive German and French manufacturing PMI are still overshadowed by more negative results from the bloc. Aside from that, the recent speech of the European Central Bank President Christine Lagarde failed to buoy hopes. …
China is actively developing the blockchain technology. Several weeks ago, in late October, China’s President Xi Jinping endorsed blockchain technology. His speech underlined the importance of this technology to China. Some people may think that the leader of China made this comment unexpectedly, but that’s not the case, according to Edith Yeung. She is managing …
The trade war between the U.S. and China goes back to 2018. The U.S. has the largest economy in the world followed by China. However, issues such as intellectual property rights and forced technology transfers dominated the headlines for several years’ before this dispute. Stock markets around the world continue to experience problems due to …
Dow Jones and S&P 500 stock indexes fell on Thursday Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDCAD The pair is perking up on the daily charts, recovering from the recent slump and breaking above its tight ranges recorded in October. For fundamentals, the Organization for Economic Cooperation and Development (OECD) …
Daily Market Charts and Analysis November 22, 2019 Read More »
The FX market moved cautiously, even anxiously, yesterday after news broke out that China was sulky over a US bill that aimed to support Hong Kong protesters. US President Donald Trump might sign the bill, according to reports, and China didn’t like this. China’s foreign ministry said that “negative consequences” were coming. It noted that …
FX Market Anxious Over Trade News | WibestBroker Read More »
U.S and China reached an agreement regarding the “Phase One” deal in more than a month ago. However, until this day, it is unknown when U.S. President Donald Trump and China’s President Xi Jinping will sign this deal. The trade war between the two largest economies started in 2018. However, due to numerous disagreements, the …
Analysts from investment bank Morgan Stanley predict that the eurozone will rally in 2020. They cited the pickup in European economic growth, which could start outperforming the US. Strategist Hans Redeker said the euro-to-dollar would rally with the rebound in European equity inflows. There would also be a more benign EU political backdrop to boost …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCHF The pair is still trading sideways as traders await clearer directional drivers for both currencies. Moving averages, both long- and short-term, are heading up, with the 50-day moving average gearing to cross above …
Daily Market Charts and Analysis November 21, 2019 Read More »
Yesterday, the South African rand was sent into the negative territories by its major currency rivals in trading sessions. The greenback, who prior to yesterday’s run lost to the rand, took back its losses. The rand weakened as a result of a string of unfortunate results in South Africa’s poor economic performance. On top of …
The Danger Around the South African Rand | Wibest Read More »
Oil and petroleum products became part of everyday life, a long time ago. Despite emerging technologies such as wind and solar energies, the oil industry remains a crucial part of the global economy. Regulations, as well as the falling demand, is going to affect this industry in the long run. However, it won’t happen overnight, …
It is not a secret that companies which are connected to cryptocurrencies are struggling as banks are cautious when to the digital currency market. Opening a bank account, it is not an easy task due to the perceived risk of cryptocurrencies. It is important to mention that sometimes banks close the accounts which belong to …
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
