Hamilton
Coinbase Launches Celo Support on Mobile Apps and Retail Platform
Photo: Finance Magnates
Coinbase.com has launched support for Celo (CGLD) as the mega American crypto exchange and wallet provider continues to ramp up the number of altcoins available for trading. The new coin is now available for retail investors through the company’s Android and iOS apps.
The a
RBNZ: Term for lending has been extended to five years from three years
The Reserve Bank of New Zealand (RBNZ) announced extension of its lending term from currently three to five years during early Thursday. Earlier during the day, New Zealand ‘s Finance Minister Grant Robertson also announce increase in limits for business loans from New Zealand dollar 500,000 to 5 mi
USD/JPY stays heavy near 4-½ month low on Tokyo open
USD/JPY prints four-day losing streak while extending pullback from 105.45.
Japan’s Corporate Service Private Index rose past-0.5% forecast to 0.8% in June.
Escalations in the geopolitical fears add to the pair’s weakness.
Risk catalysts remain in the driver’s seat, US second-tier data also join the
XE Market Analysis: North America - Jul 27, 2020
The dollar continued to decline, printing fresh trend highs against the euro and other currencies. The narrow trade-weighted USD index (DXY) fell over 0.5% to a 22-month low at 93.76 in what is now the seventh consecutive day of decline and the fourth straight week the index has surpassed its prior-
USD/JPY at support ahead of key data
The USDJPY sits at a mayor level ahead of key economic data this week.
The FOMC meeting is on Wednesday and we have housing, employment and inflation data from Japan. The DXY is, at the momoent that I'm writing this article, bouncing from a key level. This by no means is a bullish strance on the US
US DOJ: Texas Man Arrested on COVID-19 Relief Fraud Charges
Photo: FM
A man has been taken into custody based on allegations that he obtained more than $1.1 million in Paycheck Protection Program (PPP) loans, with some of the COVID-19 relief payments invested in cryptocurrency accounts, according to a statement from the United States Department of Justice
Gold Futures: Pullbacks look contained
Traders scaled back their open interest positions in Gold futures markets by almost 2.8K contracts on Thursday in light of advanced data from CME Group. On the other hand, volume rose for the fourth consecutive session, this time by around 22.8K contracts.
Gold could recede to $1,760/oz
Following fr
USD/CAD Price Analysis: Resistance-turned-support trendline favors bulls above 1.3600
USD/CAD stays pressured after failing to keep the bounce off 1.3650.
A descending trend line from May 10, an upward-sloping line from June 10 question short-term sellers.
Bulls await a clear break of 1.3715 for fresh entries.
USD/CAD recedes to 1.3660 during Tuesday’s Asian session. Even so, the lo
European Shares Set To Open On Mixed Note
European stocks are seen opening on a mixed note Friday as investors fret about rising coronavirus infections in Brazil, some U.S. states and other regions. Expectations of aid from central bank may help limit the downside, if any.
Asian markets rose modestly and the dollar headed for its best week
Why does Trump want to hide who took small business loans?
Those who took advantage of the Small Business Loan program don't want it known.
President Trump and Congress don't either. Here's the reason:
At least four members of Congress, took small business loans, in programs Congress designed.
The Full Extent is Unknown.
Known List
Republican Rep. Roger
CAD Bulls Pile In to Defend Channel Support!
#CAD/CHF#
The Canadian Dollar caused CAD momentum trader’s jaws to drop after a bout of heavy selling pressure last week. Yesterday triple support at (1) stepped in to cap further losses as the CAD/CHF mix came to rest at the bottom of the monthly ascending channel (A). Short term
When is China CPI/PPI data and how could they affect AUD/USD?
China CPI/PPI overview
Early Wednesday around 01:30 GMT, the market sees May month headline inflation numbers from China, namely the Consumer Price Index (CPI) and the Producer Price Index (PPI). China’s annualized CPI reading is expected to drop from 3.3% to 2.7% with PPI YoY likely declining to -3
Pull-up Update