USD/JPY remains supported by Fed policy divergence
The US Dollar remains broadly supported amid Fed policy divergence prospects. The DXY is poised to extend its gains following a speech from Fed governor Lael Brainard this morning, who underscored the need for gradual vs. rapid monetary tightening given recent data points. Her bullish remarks helped to reinforce market expectations for more balanced risk […]
WTI Crude Oil Price Drop Continues
The fall of crude oil prices experienced by the United States economy in the last quarter of 2016 has continued into this year. After reaching an all-time high over $70 a barrel, oil fell to around $30 per barrel towards the end of January 2018, signaling that adjustment was coming. Oil prices are not expected […]
Expecting firmer USD, depressed GBP/USD ahead of NFP
There was a time when guessing whether or not a currency would increase or decrease in value was an exercise in futility. These days, however, currencies are more volatile than ever before. They rise as we predict them to and fall as we expect them to, but there is one thing that’s guaranteed: they will […]
It is likely that NZD/USD will rise further since the dollar typically weakens early in a hiking cycle
The New Zealand Dollar / US Dollar exchange rate is expected to rise further since the US dollar typically weakens early in a hiking cycle. The NZD/USD exchange rate is roughly $ 0.76 and could go as high as $ 0.80. This article will provide you with in-depth analysis about the exchange rates, how it […]
A dip in the price of Precious metals
Which metals are considered precious and why? The term precious metal typically refers to a metal that is rare and has some intrinsic value. In terms of monetary value, metals such as gold, silver, and platinum are considered more valuable than say copper or aluminium. But what exactly determines if a metal is considered precious? […]
What do experts predict about the future of Bitcoin?
In the last few weeks, Bitcoin has faced some tough headwinds. The Bitcoin-US dollar exchange rate has dropped sharply, and the weekly forecast seems to be bearish. However, there are still several factors that could cause the price to go up shortly. Bitcoin Weekly Forecast was last updated on May 16th 2018 and provides a […]
EUR/USD Analysis: Is It War or Peace?
The Euro recently experienced a sell-off that led to a retest of the 1.2 Fibonacci support level, which was seen as major resistance in July. EUR/USD has since within reason broken and is trending higher. This has created an interesting setup for the near term, as well as backstop levels for further movement either up […]
Is KuCoin capable of rising faster than other coins?
KuCoin is the most recent cryptocurrency to hit the market and it has taken a lot of people by surprise. With a market cap of $214,875,000, KuCoin has put in more than 3x gains since January 1st of this year. The top five coins on KuCoin’s exchange are ICON ($2bn), XRP ($1.9bn), Ethereum ($172bn), NEO […]
US crude reserves release the largest amount ever, as OPEC+ sticks to plan to boost output
Oil is an integral part of a country’s economy and because oil is an important commodity, many countries also rely on this for their financial stability. One way to measure the importance of oil to a country’s economy is by looking at how much crude oil that country imports. Countries will do this in order […]
The price prediction for Loom Network is $0.12 for 2022, a positive outlook
What is the Loom Network? Loom Network is a digital currency similar to Bitcoin or Ethereum that can be used to buy and sell virtual assets or goods. It plans to provide scalable DApp services on the Ethereum blockchain. This will be done with increased throughput using Delegated Proof of Stake (DPOS) to be easily […]