FxWirePro: Buzzing bulls in bullion space on US CPI – Hedge gold via CME longs
Jul 12, 2018 13:37 pm UTC| Research & Analysis Central Banks Insights & Views
Short-covering rallies are observed in todays precious yellow metal trades that stage a modest recovery from over 1-week lows after the US CPI data prints. The inflation rate in the US edged up to 2.9% in June from 2.8%...

Ripple hires duos for new leadership team, XRP/USD prolongs losing streaks beow 21-DMA
Jul 12, 2018 11:23 am UTC| Digital Currency Insights & Views Technicals
Ripple announces its in-house cryptographer, David Schwartz as its chief technology officer (CTO), and Kahina Van Dyke, a former Facebook executive joined the company as senior vice president (SVP), Business, and Corporate...

Jul 12, 2018 11:22 am UTC| Insights & Views Central Banks
The Bank of Canada (BoC) raised its benchmark policy rate to 1.5 percent, up from 1.25 percent on Wednesday as widely expected. It was the fourth rate increase in the last 12 months. After having cut rates aggressively...
Jul 12, 2018 10:16 am UTC| Research & Analysis Insights & Views
Another bad day for commodity prices yesterday, but while industrial metals remain under pressure, oil prices picked up the baton, falling c. 7%. Commodity currencies followed. The FX market has reacted considerably to the...

Jul 12, 2018 09:11 am UTC| Technicals Research & Analysis Insights & Views Digital Currency Fintech
The price of BCHUSD pair is experiencing a major bearish trend. The minor trend of BCHUSD slides through falling wedge formation (refer daily chart). Shooting Star patterns pop up at stiff resistance (at 755.4 and...

Jul 12, 2018 07:32 am UTC| Research & Analysis Insights & Views
We reckon that it is premature to crown the dollar king and extrapolate continued broad USD strength into and through the second half of the year. Cyclical divergence, while still favouring the USD, is narrowing. As USDJPY...

Jul 12, 2018 07:32 am UTC| Research & Analysis Insights & Views
We reckon that it is premature to crown the dollar king and extrapolate continued broad USD strength into and through the second half of the year. Cyclical divergence, while still favouring the USD, is narrowing. As USDJPY...