Bitcoin busted through a long-term triangle consolidation pattern to suggest that a major trend is in the works. Where could BTC/USD be headed next? Take a look at these potential targets I’m seeing on the daily time frame! Bitcoin (BTC/USD) Chart by TradingView A combination of risk-taking and anti-USD action on election-related uncertainty allowed bitcoin…
AstraZeneca has said it may cut jobs at its UK operation if the government enforces a global push to make companies share profits derived from nature’s genetic codes, multiple sources have told the Guardian. The alleged comments from the company came amid a concerted lobbying push by the pharmaceutical industry against the profit-sharing measures. Sources…
The value of the UK’s private healthcare market rose to a record £12.4bn last year as long NHS waiting lists fuelled demand from individuals and the health service paid for nearly £3.5bn of procedures to help ease the care backlog. As private medical insurance boomed, total revenues generated in the independent healthcare sector hit an…
A group that emerged out of a faction of the Conservative party has become a forum for Britain’s splintered far right. A private conference hosted earlier this month by the Traditional Britain Group (TBG) was attended by figures from the Homeland party, an extreme nationalist group, as well as rivals from other groups such as…
The market spotlight was on global flash PMI reports, which printed mixed results across major economies. How did asset classes and currencies fare? Check out the latest headlines that influenced price action: Headlines: Australia Judo Bank flash manufacturing PMI dipped from 46.7 to 46.6 in Oct, flash services PMI up from 50.5 to 50.6 Japan’s…
Investing.com– Most Asian currencies weakened slightly on Friday as the dollar retained a bulk of its weekly gains on expectations of a slower pace of interest rate cuts by the Federal Reserve. The Japanese yen steadied near its weakest level in three months as Japan geared up for a tightly contested general election over the…
Why Trying to Forecast Gold Prices Could Ruin Your Trading Account – And What to Do Instead In the world of trading, there’s nothing quite as tempting as trying to predict the next big market move—especially with gold. Whether it’s geopolitical tensions, inflation fears, or economic downturns, gold has historically been a go-to safe haven….
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
The flash PMI readings from the eurozone painted a mixed picture of the economy in October, as improvements were seen in Germany but France reported a slowdown in both manufacturing and services sectors. The French flash manufacturing PMI dipped to 44.5 instead of climbing to 44.9 during the month, reflecting a sharper pace of industry…
The Japanese Yen edges lower following the release of Tokyo consumer inflation figures. The USD stalls the overnight slide from a multi-month top and lends support to USD/JPY. Traders remain on the sidelines amid the uncertainty ahead of Japan’s general election. The Japanese Yen (JPY) struggles to capitalize on the previous day’s recovery move against…