Weekly Currency Review: Bitcoin Swings

Long BTC/EUR and Short USD/BTC I Know First has successfully predicted Bitcoin price fluctuation for 3 days from 6 January to 9 January 2019, with a gain of 3.09% for long BTC/EUR and 4.37% for short USD/BTC before the major sell-off of Bitcoin, when bitcoin suddenly fell at around 6.00 UTC. This caused spread losses […]

Weekly Currency Review: Yen Flash Crash Affects Currencies

Japanese Yen Crash A Flash Crash happened on Thursday opening when the yen surged through levels that haven’t been broken for about 2 years. Traders across Asia and Europe are looking for the reason why it happened in those minutes when orders flooded in to sell. It jumped about 8 percent versus Australian Dollar and […]

Weekly Currency Review: The Dollar Suffers from The Political Developments in the US

EUR/USD In the weekly currency review the dollar slipped against its Group-of-10 peers, while the yen, seen by many as a haven, gained for a seventh day. The dollar suffers from the latest political developments in the US, as not only the US Federal Reserve cut its rate hikes forecast, indicating that the current level […]

Weekly Currency Review: US Elections and Brexit Remain Market-Dominating

Weekly Currency Review: US Elections and Brexit Remain Market-Dominating Greenback is recovering quickly from the US elections DXY Currency Index Chart (from November 5 to November 10, 2018). Source: Tradingview.com This week the USD was very volatile due to several reasons, one of them certainly being the uncertainty about the US Elections. After the results came […]

Weekly Currency Review: Fed’s Hawkish Tone Boost Greenback; Dollar Takes Over Yen As A Safe Haven In Trade War

Weekly Currency Review   DXY Index Price Chart: 5-minute Timeframe (from July 12 to July 19, 2018). Source: Tradeview.com The US retail sales data released this Monday showed 0.5 percent rise in June, and last month’s spending growth was revised to 1.3 percent from 0.8 percent, confirming the accelerating consumer spending in the second quarter. […]