Bitcoin price has gone further below and now trading at the $16,500 level. Bitcoin is in a loss-recovery mode, but may not be able to break through the $16,700 and $17,000 barrier levels. BTC is languishing underneath the $17,200 support line and approaching a bearish zone. Bitcoin has been consolidating its position below the $17,000 […]
GBP/USD is in recovery mode after being down for 3 weeks. The pair increases 0.11% to end close to 1.2190 after the mid-Asian session on Wednesday. In the process, the pair applauds the broad-based USD decline as the chances of recession fade. A point worth noting is the disappointing US housing stats that helped GBP/USD […]
EUR/USD currently trades above the 1.06 level, however trading pundits believe that the pair won’t easily leave the gravity force of parity. Multiple factors that drive EUR/USD It’s going to be a tough balancing act for forex markets with higher EUR rates on one hand, which will boost the carry-attractiveness of the currency and higher […]
