Bitcoin extends decline to $104,782 as Trump escalates US-China trade war

Bitcoin extends decline to $104,782 as Trump escalates US-China trade war
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Bitcoin extends decline to $104,782 as Trump escalates US-China trade war
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FXTM’s USDInd ↓ 1% MTD Geopolitical risk + Fed decision = fresh volatility? Over past year Fed decision triggered moves of ↑ 0.4% & ↓ 0.8% GBP + JPY + CHF + SEK = 33% of USDInd weight Technical levels: 98.00, 98.70 and 50-day SMA Escalating tensions in the Middle East have put financial markets…
The GBP/USD forecast indicates renewed strength in the pound as focus shifts from the Fed to the BoE. Powell said the Fed would continue easing, with forecasts showing two more cuts this year. The Bank of England will likely keep interest rates unchanged. The GBP/USD forecast indicates renewed strength in the pound as focus shifts…
The data is in the screen shot below. More: the unemployment rate in 31 cities was 5.1% January – September property investment was down 10.1% y/y January – September infrastructure investment was +4.1% Offshore yuen is up a little after the data. All three of the major activity indicators were above expectations, with retail sales…
The Reserve Bank of New Zealand (RBNZ) cut its Official Cash Rate by 25 basis points to 2.25% on Wednesday, matching market expectations but delivering a surprisingly hawkish message that sent the New Zealand dollar surging across the board. The Monetary Policy Committee voted 5-1 in favor of the reduction, with one member preferring to…
Indices dropped as two rounds of job data showed a slowdown in the economy. With this week’s inflation data still to come, will we see another sell-off in the market? TimestampsDOW 00:25SPX500 01:40 Test your trading strategy on forex and stocks with Orbex OPEN LIVE ACCOUNT …
Gold is a time-honored investment and is often seen as a safe haven asset during times of economic uncertainty. Whether you are an experienced investor or new to trading, understanding how gold trading works can help you make informed decisions. This guide explores the different methods of trading gold, their benefits, and risks, so you…