Digital Currency Revolution Series: ETH/USD bulls on 8-months highs, what drives Ethereum’s bullish streaks?

May 28, 2019 12:15 pm UTC| Research & Analysis Digital Currency Insights & Views Commentary

Cryptocurrency avenue has been buzzing with bulls uproar of late, all majors have been gaining considerably. ETHUSDs current price rally spikes above 21-EMAs with the stern bullish engulfing candle (jumped about 130.20%...

FxWirePro: WTI likely to decline further; sell at correction

May 28, 2019 11:45 am UTC| Commentary

Our calculations at FxWirePro suggests that further downside remains open for West Texas Intermediate (WTI) crude price, as near term supply outweighs demand growth. While the International Energy Agency (IEA)...

U.S. Treasury yields plunge in muted trading day ahead of 7-year auction, Q1 GDP data

May 28, 2019 11:30 am UTC| Commentary Economy

The U.S. Treasury yields plunged during Tuesdays afternoon session, after returning from a long weekend, following yesterdays Memorial Day holiday amid an otherwise muted trading session that is scheduled to witness data...

Digital Currency Revolution Series: CEO of Morgan Creek Capital Seems Constructive on Cryptocurrencies, Prefers Bitcoin Over S&P500

May 28, 2019 10:49 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

The CEO of Morgan Creek Capital came up with notions of cryptocurrencies, he thinks that Bitcoin most likely to extend its outperformance that looks more superior over SP 500 for going forward in this year. In an...

FxWirePro: Maintain short positons in Euro with short-term target of 1.105 against USD

May 28, 2019 10:31 am UTC| Commentary

Risk sentiment continues to simmer in Europe as the recent pan-European election exposed the fractured political landscape in Europe, Pro-European Parties have secured two-thirds of the 751 members strong parliament,...

German bund yields plunge despite tad lower GfK consumer climate; eyes on May jobless data

May 28, 2019 09:49 am UTC| Commentary Economy

The German bund yields plunged during European trading session Tuesday despite a tad lower reading of the countrys GfK consumer climate, released early today. Investors shall now be looking forward to the countrys...

FxWirePro: Risk sentiment simmer on array of bad news hitting the market

May 28, 2019 09:28 am UTC| Commentary

Risk sentiment is still on and yen remains well bid despite the global stock markets holding their breath for the past three trading days. Several fundamental developments over the past week or so, have soured market...