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Market Overview - Page 445


Ripple (XRP) Disappoints as It Dumps Big on the First Day of Swell Conference
Ripple (XRP) Disappoints as It Dumps Big on the First Day of Swell Conference.

Ripple (XRP) has been flirting with the possibility of a breakout and trend reversal over the last two weeks. Peter Brandt, the most followed trader on Twitter, appears to be closely monitoring the price action of the cryptocurrency. On Oct..

Sterling falls after Bank of England split on interest rate cut
Sterling falls after Bank of England split on interest rate cut.

The Bank of England (BOE) held interest rates steady on Thursday, opting not to adjust borrowing costs in the world’s fifth-largest economy ahead of a snap election. With 35 days to go before Britons head to the ballot box, the.

Markets retreat on trade progress ebb
Markets retreat on trade progress ebb.

News on US-China trade disputes as ebbs and floats, which alternate with an enviable regularity. Within these big cycles, there are also smaller — waves — which have a short-lived market impact. The tide seemed to have reached its highest.

FxPro Daily Insight for November 7
FxPro Daily Insight for November 7.

Market overview FX: The dollar index remains near 97.7, tightly tied to the news on trade talks progress. GBPUSD turned to rise on Thursday morning from 1.2835 on reports of a possible phased reduction in US and Chinese tariffs; EURUSD.

Possibly illusive USD growth
Possibly illusive USD growth.

The US dollar climbed 0.7% this week against the basket of major currencies. Closing last week near the three-month low and declining below the 200-day average caused a cautions markets tone. Financial markets seem to have played back the positive.

FxPro Daily Insight for November 6
FxPro Daily Insight for November 6.

Market overview FX: The dollar index rose to 97.8 DXY on Tuesday, retreating 0.3% on Wednesday morning. GBPUSD almost unchanged, remaining at 1.2880; EURUSD is trading at 1.1080, pulling back after falling to 1.1060. The FX market volatility continues to.

US-China ‘phase one’ trade deal won’t lead to ‘economic nirvana,’ Larry Summers says
US-China ‘phase one’ trade deal won’t lead to ‘economic nirvana,’ Larry Summers says.

The so-called phase one trade deal that the U.S. and China are expected to sign won’t solve all the problems the global economy faces right now, former U.S. Treasury Secretary Larry Summers said Wednesday. U.S. President Donald Trump said both.

The ‘Bitcoin Rich List’ Has Grown 30% in the Last Year, But Why?
The ‘Bitcoin Rich List’ Has Grown 30% in the Last Year, But Why?.

The Bitcoin Rich List, or the number of addresses holding more than 1,000 BTC, has grown in the past 12 months, possibly reflecting an influx of high-net-worth investors.   The metric has registered growth of 30 percent since September 2018,.

Reddit Roasts $500k Lottery Winner Who Invested Half in Bitcoin
Reddit Roasts $500k Lottery Winner Who Invested Half in Bitcoin.

An Illinois man who won the lottery earlier this year has invested half of his winnings into bitcoin. The man who posted the score via Reddit confirmed on Monday that he had purchased roughly $178,000 worth of BTC back in.

China’s central bank sets yuan midpoint fix at highest since August 8
China’s central bank sets yuan midpoint fix at highest since August 8.

The People’s Bank of China’s (PBOC) set its daily midpoint fix for the yuan on Wednesday at 7.0080 per dollar — its strongest since August 8. That comes a day after the currency traded below the historical support level of.

Manipulation? CME Bitcoin Futures Flash Crash to Fill $8.5K ‘Gap’
Manipulation? CME Bitcoin Futures Flash Crash to Fill $8.5K ‘Gap’.

Bitcoin (BTC) trading is coming under the spotlight this week after another flash crash sparked concerns that traders are manipulating markets. As various social media users noted, including statistician Willy Woo on Nov. 5, unusual occurrences on exchanges give reason.

Canadian Fund Manager to List Bitcoin Fund on Major Stock Exchange
Canadian Fund Manager to List Bitcoin Fund on Major Stock Exchange.

Canadian investment fund manager 3iQ received initial approval on its long road to launch a closed-end bitcoin fund on either the Toronto Stock Exchange or the TSX Venture Exchange later this quarter. The firm said on Wednesday that it received.

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