Forex & Financial news and FxPro analytics

Interest in bitcoin and other cryptocurrencies, including ethereum, is booming—fueled by unprecedented central bank stimulus measures and rocketing demand for alternative finance. The bitcoin price, up around 30% so far this year, is being left in the dust by huge...

The U.K. announced Tuesday it will ban Huawei from its 5G networks, in a significant U-turn by the government that could significantly dent relations with China while appeasing the U.S.Speaking in Parliament, U.K. Culture Secretary Oliver Dowden said mobile network...

• CHFJPY reversed from support area • Likely to rise to 114,600 CHFJPY recently reversed up with the daily Bullish Engulfing from the support area located between the support level 113,50 (low of wave (iv)) and 38.2% Fibonacci correction of...

• GBPAUD reversed from resistance area • Likely to fall to 1.7880 GBPAUD recently reversed down from the resistance area located between the resistance level 1.8200, upper daily Bollinger Band and the 50% Fibonacci correction of the previous downward impulse...

• EURCAD broke resistance area • Likely to rise to 1.5540 EURCAD recently broke through the resistance area located between the key resistance level 1.5430 (top of the previous waves 1 and (i)) and the 38.2% Fibonacci correction of the...

• Copper reversed from long-term resistance level 299,00 • Likely to correct down to 287,80 Copper recently reversed down with the long daily Shooting Star from the resistance area located between the long-term resistance level 299,00 (former monthly high from...

US consumer prices in June rose more than expected, to 0.6% y / y in June, adding the same per month. The main driver was fuel prices (+ 12.3% m / m), which is not surprising in light of the...

German ZEW economic sentiment index declined from 63.4 to 59.3 and came out worse than expected (60.1). Assessment of the current situation improves dramatically slowly, moving the respective index from -83.1 to -80.9 instead of the forecasted -65. But this...

European stocks extended a global retreat and German bonds climbed as investors weighed the risks of the upcoming earnings season and economic hit of rising virus cases. S&P 500 and Nasdaq futures pointed to a higher open after finishing in...

A potential new wave of coronavirus infections this winter poses a serious risk to the U.K. and could lead to as many as 120,000 hospital deaths from September to June, according to a report. A second wave of Covid-19 could...

Following last week’s record-high Bitcoin hash rate, the latest difficulty adjustment saw a change of +9.89%, bringing the level to a new all-time high of over 17.3 trillion on July 13. Despite a lack of recent significant Bitcoin (BTC) price...

The U.S. dollar edged up on Tuesday as diplomatic tensions between the United States and China and rising coronavirus cases knocked investor confidence, although moves in currency markets were small in a quiet session. While stock markets fell as investors...