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The leading cryptocurrency BTC/USD pair has violated the upward channel at 11,700 level, and it’s looking to close a candle below this level. There’s a strong odds of bearish trend continuation, checkout Tradingpedia Bitcoin analysis video to learn more about trade setup.
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Spot Gold surges as uncertainty over US-China talks persists Spot Gold rose on Monday, recouping part of the losses from last week, since uncertainty over the US-China trade negotiations continued, heightening the safe haven appeal of the yellow metal.A softer US Dollar was also providing support to […]
Toyota raises forecast amid weaker yen as exports gain Toyota Motor Corp., the world’s largest automaker, raised its full-year profit forecast by 13% as the weaker yen helped earnings from Prius and Lexus vehicles which are exported from Japan.Net income in the fiscal first half ended […]
Forex Market: AUD/USD falls as RBA maintains accommodative policy stance, continues bond purchases AUD/USD retreated on Tuesday after the Reserve Bank of Australia (RBA) once again pledged to continue bond purchases and reassured that accelerated growth would not lead to an early policy tightening.The RBA also left its official cash […]
Infineon Technologies AG’s share price up, to acquire International Rectifier Corp. for $3bn Infineon Technologies AG, Germanys largest chip manufacturer, announced that it reached agreement over the acquisition of LA-based International Rectifier Corp. for an estimated $3 billion.The Chief Executive Officer of Infineon […]
Crude oil trading outlook: WTI futures little changed after China data, Ukraine tension Both West Texas Intermediate and Brent crude benchmarks were little changed in early European trading on Wednesday as investors weighed Chinese data pointing to a feared economic slowdown against rising tensions in eastern Ukraine. Private […]
New Zealand Dollar Slides as RBNZ Signals Cautious Rate Path Key Moments
NZD/USD falls 0.7% toward 0.6000 during the Asian session after the RBNZ decision.
RBNZ leaves the Official Cash Rate unchanged at 2.25% and downplays near-term hike prospects.
US Dollar Index edges 0.1% higher […]