Category: Info

Ripple price: fails to recover, loses second-place

After Ripple dethroned Ethereum as the second cryptocurrency in terms of market capitalization, the gap just widened and widened. Ripple’s value exceeded $150 billion and according to some calculations, its CEO became one of the world’s richest people.XRP/USD surpassed $3.30 at some point. Yet the quick ascent was followed by a quick descent. The move […]

EUR/USD: Is Rally Nearing An End? – Credit Agricole

EUR/USD rallied and topped 1.20, staying there for quite a while. It now seems that it is finding it hard to hold onto these levels. Is it on its way down? Here is the view from Credit Agricole: Here is their view, courtesy of eFXnews: Credit Agricole CIB FX Strategy Research discusses the EUR outlook […]

USD/JPY entrenched in range – Forecast Jan. 8-12 2018

Dollar/yen did not go anywhere fast in the first week of 2018. The US dollar was down against many currencies despite good data, but this did not affect USD/JPY. The stability came despite a busy week to start the year. Will the pair move now, when the calendar is lighter? USD/JPY fundamental movers Good US data, balanced Fed […]

USD/CAD Forecast Jan. 8-12 2018

Dollar/CAD continued leaning lower amid rising oil prices but did not collapse. Where next? Housing figures are expected in the upcoming week. Here are the highlights and an updated technical analysis for USD/CAD. Oil prices remained high but did not breach the 2015 highs. This prevented USD/CAD from breaking below 1.25. In the US, the greenback […]

GBP/USD Forecast Jan. 8-12 2018

GBP/USD ticked up a bit in the first week of 2018, enjoying the weakness of the dollar. Manufacturing output and the trade balance stand out in the upcoming week. Here are the key events and an updated technical analysis for GBP/USD. Both the manufacturing and construction PMIs missed expectations, showing a potential for a slowdown. However, the […]

Should I buy Bitcoin Futures?

The wonderful world of futures contracts has finally caught up with the exciting new world of cryptocurrencies. If you pardon the pun, for Bitcoin, the futures is now. Futures contracts have been in use since the late 19th century. A futures contract is an agreement for the delivery of goods at a specified date in […]

GBP/USD: Looking For 1.40 in Q1 On 2 Key Factors – ING

Where is GBP/USD going? It hasn’t been able to rally beyond the moves driven by the dollar’s weakness, but hasn’t fallen either. What’s next? Here is their view, courtesy of eFXnews: ING FX Strategy Research discusses the GBP outlook, and thinks that sterling is likely to reach 1.40 in Q1 of 2018 as as UK economic […]

EUR/USD Forecast Jan. 8-12 2018

EUR/USD extended its gains and challenged the 2017 highs in the first week of 2018. Will this continue? The upcoming week consists of the ECB meeting minutes among other events. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. We received further positive signs about the euro-zone economies. Spain […]

Forex Weekly Outlook – Jan. 8-12 2018

2018 started off where 2017 left off: the dollar remained under pressure, but didn’t really collpase. Will this continue? US inflation and retail sales numbers stand out in the second week of the year. Here are the highlights for the upcoming week. The greenback made a recovery attempt on a great ISM Manufacturing PMI score […]