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AUD/USD: Risk off triggers pullback to sub-0.7700 area, covid woes in focus

AUD/USD stays depressed after losing the 0.7700 threshold, fades bounce off 0.7642. Virus fears are back in motion as variants seem stronger than the original COVID-19 version. Japan, France, Italy and the UK take preventive measures and dampen the risks. No major data in Asia but virus update, Geor

DAX Rises As UK Begins Vaccine Rollout

German stocks advanced on Monday as the new EU/UK trade deal regulations came into force over the weekend and the U.K. began the Oxford/AstraZeneca vaccine rollout, making another step in the global battle against the pandemic. Eleven months after the U.K. announced the departure from the EU, both t

Bitcoin slumps, slamming brakes on New Year rally

LONDON/TOKYO (Reuters) - Bitcoin fell sharply on Monday, losing ground from a record high of $34,800 touched a day earlier, with traders citing volatility in highly leveraged futures markets. Bitcoin fell over 14% after earlier touching as high as $33,670, wiping out more than half its 20% rally fro

World stock markets kick off 2021 at record highs

LONDON (Reuters) - World stock markets hit record highs on Monday, the first trading day of the new year, as investors hoped the rollout of vaccines would ultimately lift a global economy decimated by the COVID-19 pandemic. The Chinese yuan surged nearly 1% against the dollar, while the greenback pl

As bitcoin surges to records, Riot Blockchain stock is up nearly 1,500% in 2020

Few assets in 2020 have outpaced the gains of bitcoin but the shares of one company have been deftly riding the coattails of the epic resurgence in the No. 1 digital currency, and the rally in ethereum. Riot Blockchain Inc. RIOT, -1.56%, once a biotechnology company back in 2017 and now a digital cu

SCAM ALERT - Capital GMA Broker

Photo: Google Image Capital GMA: Reason to avoid: No license Listed Date: Nov 20, 2020 Capital GMA is a financial services provider, offering a selection of more than 70 financial assets as CFDs to traders from almost all around the globe. The broker claims to give its clients a

Silver off AsiaPac highs, consolidates below $26.50 in wake of stunning 2020 performance

Spot silver prices are off highs set during Asia Pacific trade and thus trade lower on the day. The technical picture looks bullish, however, though further gains are likely to wait until January. Spot silver was the best performing precious metal in 2020 after years of underperformance. Spot silver

(WEEKLY REVIEW): BTC/USD and ETH/USD Ends 2020 Well, XRP/USD Tumbles Further, Next Mover: U.S. Coronavirus Relief Cheques, Progress of Vaccine

BTC/USD (as of Dec 31, 2020, 3.25 p.m., GMT +8) Source: Yahoo Finance ETH/USD (as of Dec 31, 2020, 3.25 p.m., GMT +8) Source: Yahoo Finance XRP/USD (as of Dec 31, 2020, 3.25 p.m., GMT +8) Source: Yahoo Finance BTC/USD BTC/USD achieved a great milestone this week as it broke past the $29,000 level on

Wall St Week Ahead-Investors bullish on stocks, hoping for a brighter 2021

NEW YORK, Dec 31 (Reuters) - U.S. stocks are closing 2020 on a strong note, and many investors are betting the party will continue after a tumultuous year that marked both the end of the longest bull market and the shortest-lived bear market ever. Risks abound, including a resurgent coronavirus pand

U.S. Stocks Continue To Hover In Positive Territory In Mid-Day Trading

After moving to the upside early in the session, stocks remain mostly positive in mid-day trading on Wednesday. The major averages have largely offset the modest losses posted in the previous session but remain below yesterday's record intraday highs. Currently, the major averages continue to hover

Spotify Could Offer Profitable Pullback Play

Spotify Technology S.A. (SPOT) sold off in October after missing Q3 2020 top and bottom line estimates, booking a loss of €0.58 per share on 14.1% year-over-year revenue growth to €1.98 billion. Buyers returned in November in reaction to a host of initiatives that included the acquisition of a podca

EUR/USD Forecast: Market players eyeing 1.2413

EUR/USD Current Price: 1.2286 Delayed discussions about expanding US coronavirus relief hurt the greenback. Rising coronavirus-related numbers in Europe dent the market’s mood. EUR/USD is technically bullish and could keep reaching year’s highs. The EUR/USD pair hit 1.2294 this Wednesday, its highes

USD/CAD struggles near one-week lows, below 1.2800 mark

USD/CAD witnessed some selling for the third consecutive session on Wednesday. The prevalent upbeat market mood continued weighing on the safe-haven USD. A modest uptick in oil prices underpinned the loonie and added to the selling bias. The USD/CAD pair edged lower through the early European sessio

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