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Market Overview - Page 461


$8,000: Trader Warns of Bitcoin Price Crash as Crypto Bloodbath Continues
$8,000: Trader Warns of Bitcoin Price Crash as Crypto Bloodbath Continues

Following an abrupt drop from $10,277 to $9,700 in the bitcoin price on August 28, the dominant crypto asset has continued to demonstrate weakness in its short term trend. In the past 12 hours, the bitcoin price has declined from.

Queen approves Boris Johnson’s plan to suspend parliament, making a no-deal Brexit more likely
Queen approves Boris Johnson’s plan to suspend parliament, making a no-deal Brexit more likely

U.K. Prime Minister Boris Johnson has scheduled the formal reopening of parliament for October 14 — a highly-controversial move that would restrict parliamentary time before the Brexit deadline and increase the chances of the U.K. leaving the EU with no.

The dollar set to grow, amidst a weak U.S. economy
The dollar set to grow, amidst a weak U.S. economy

Debt markets remain in a condition of increased demand for protective assets, against the backdrop of the official introduction of an additional 5% tariff on Chinese imports worth $300 billion. As a result, the government bonds of large developed countries.

FxPro Daily Insight for August 29
FxPro Daily Insight for August 29

Market overview FX: Except for GBP pairs, the FX volatility reduced. The dollar index is adding less than 0.1% to 98.17 after strengthening 0.2% on Wednesday. EURUSD fell to 1.1075, a 27-month lows area. GBPUSD slid below 1.2200 due to.

Exhausted Bitcoin Cash Bulls Could Spark Crushing Dump to $200
Exhausted Bitcoin Cash Bulls Could Spark Crushing Dump to $200

Bitcoin Cash may be a good pick for long-term investors due to its strengthening fundamentals. However, the cryptocurrency’s prospects in the short-term are not looking great. The first bitcoin fork is struggling to keep its head above water. The cryptocurrency’s.

Ripple CEO Garlinghouse Slams FUD Because ‘It’s Clear XRP Isn’t a Security’
Ripple CEO Garlinghouse Slams FUD Because ‘It’s Clear XRP Isn’t a Security’

Investments in XRP has dwindled dramatically in 2019, indicating that not many are using the crypto-asset for its intended application: that of behaving as a bridge between fiat currencies for cross-border payments. The result is an underperforming token, now down.

Sterling falls on report that UK government will try to suspend parliament to force no-deal Brexit
Sterling falls on report that UK government will try to suspend parliament to force no-deal Brexit

Sterling fell 1% against the dollar Wednesday morning after a report said that U.K. Prime Minister Boris Johnson will ask the queen to suspend parliament in a bid to force through Britain’s exit from the European Union on October 31..

The yuan hit an 11-year low this week. Here’s a look at how China controls its currency
The yuan hit an 11-year low this week. Here’s a look at how China controls its currency

China’s yuan is being closely watched as its economy slows and as Beijing remains locked in a trade war with the U.S. that has roiled global markets. The onshore yuan fell to levels not seen since February 2008 on Monday,.

USD strengthened as trade wars make China a deflation exporter
USD strengthened as trade wars make China a deflation exporter

Market volatility has been declining in recent days, with the sentiment balancing between concerns over the global economic slowdown and hopes that China and the US are taking sufficient steps towards sustaining domestic demand. China announced steps to maintain domestic.

FxPro Daily Insight for August 28
FxPro Daily Insight for August 28

Market overview FX: The FX market volatility reduced in the absence of important news. The dollar index has virtually unchanged for the third day at 97.9. EURUSD treading waters around 1.1100. GBPUSD recovered to 1.2300 on news that the opposition.

Bitcoin price trends weakly but analysts anticipate strong $8,000 support
Bitcoin price trends weakly but analysts anticipate strong $8,000 support

After a flash surge to $10,800 on BitMEX, the most widely utilized margin trading platform for cryptocurrency traders, the bitcoin price has slipped back to the $9,900 to $10,300 range. On major spot cryptocurrency exchanges like Bitstamp and Coinbase, the.

Will China, Russia Defy U.S. Sanctions To Fund Iranian Oil Projects
Will China, Russia Defy U.S. Sanctions To Fund Iranian Oil Projects

Given the greater willingness of two of Iran’s long-time allies, China and Russia, to defy the U.S.’s re-imposed sanctions against the Islamic Republic – in China’s case because of the ongoing trade war and in Russia’s because of its own.

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