Pound surges after lawmakers rejected Prime Minister Theresa May’s divorce deal Pound surges after lawmakers rejected Prime Minister Theresa May’s divorce deal with the European Union. Market uncertainness about the deal led GBP to fall to 1.267. After Theresa May’s deal was overwhelmingly rejected, Pound surged to 1.288 and continued to rise on this mood […]
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 […]
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 […]
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 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 […]
