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Market Overview - Page 448


Dollar wait for Fed’s support or pressure
Dollar wait for Fed’s support or pressure.

The dollar turned downward on Tuesday after touching two-week highs and is slightly changed on Wednesday morning ahead of the Fed rate decision. Debt markets priced in a 98% probability of rate cut today, which will be the third consecutive.

FxPro Daily Insight for October 30
FxPro Daily Insight for October 30.

Market overview FX: On Tuesday afternoon, the dollar turned to decline, losing 0.2% per day to 97.4 DXY. EURUSD is adding 0.1% today. Forex market volatility remains low in anticipation of the release of GDP and employment data later and.

A global shipping revolution is weeks away — Here are the likely winners and losers
A global shipping revolution is weeks away — Here are the likely winners and losers.

The biggest shake-up to the oil and shipping industry in decades is set to come into force in just over two months’ time. On January 1, 2020, the International Maritime Organization (IMO) will impose new emissions standards designed to significantly.

U.S. economy likely lost further ground in third quarter
U.S. economy likely lost further ground in third quarter.

The U.S. economy likely slowed further in the third quarter, held back by a moderation in consumer spending and declining business investment, which could spur the Federal Reserve to cut interest rates again to keep the expansion on course. The.

Ripple (XRP) May Have Finally Bottomed: Trader Peter Brandt
Ripple (XRP) May Have Finally Bottomed: Trader Peter Brandt.

Ripple’s XRP has been in a downtrend for almost two years. The third-largest cryptocurrency posted an all-time high of $3.30 in January 2018. Since then, investors have experienced nothing but pain. To add insult to the injury, Ripple Labs has.

China Warns Against Cryptocurrency ‘Speculation’ Amid Blockchain Hype
China Warns Against Cryptocurrency ‘Speculation’ Amid Blockchain Hype.

China should embrace blockchain technology but not “speculate” about cryptocurrencies such as Bitcoin (BTC), state media claim. State newspaper: “We must remain rational” As Reuters reported on Oct.

Starbucks Will Accept Bitcoin in 2020, Thanks to Wall Street’s Bakkt
Starbucks Will Accept Bitcoin in 2020, Thanks to Wall Street’s Bakkt.

Months after Starbucks disappointed the crypto space by backpedaling on reports that it would be accepting direct Bitcoin payments, the coffee chain has been announced as the first launch partner of Bakkt’s upcoming crypto payments service. According to the Bitcoin.

Oil markets could face oversupply in 2020, the IEA says
Oil markets could face oversupply in 2020, the IEA says.

Oil markets are expected to face excess supplies in 2020 due to a production boost amid weak demand growth, the director for energy markets and security at the International Energy Agency said Tuesday. “Overall, we will continue to see a.

Russel 2000 doesn’t support S&P 500’s optimism
Russel 2000 doesn’t support S&P 500’s optimism.

S&P500 closed Monday at historical highs, adding 0.55% on the day close. Both expected new Fed interest rates cut and possible US-China trade deal served as key drivers of recent market growth impulse. President Trump, in his Twitter, did not.

FxPro Daily Insight for October 29
FxPro Daily Insight for October 29.

Market overview FX: The dollar maintains a mini-trend for growth from 3-month DXY lows, rose to 97.6 this morning. EURUSD, GBPUSD lost about 0.1% since the beginning of the day. Forex market volatility continues to fall ahead of important news.

The market’s possible peak at the start of a crucial week
The market’s possible peak at the start of a crucial week.

Financial markets are growing at the start of the new week’s trading. Hong Kong’s market at the beginning of trading has updated its three-month highs but retreated in the second half of Asian trading. On Friday, the American market came.

FxPro Daily Insight for October 28
FxPro Daily Insight for October 28.

Market overview FX: Over the last week, the dollar developed its rebound from 3-month lows on DXY, rising to 97.5. EURUSD, GBPUSD, adjusting previous week’s decline. TRY is the leader in growth against USD, protective CHF, JPY under some pressure..

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