Crypto market accumulates positive
The stablecoins race continues: the Japanese banking holding Mizuho Financial Group launches its token J-Coin
DataLight found that the Bitcoin trading volumes increased to the levels of April 2018, and the daily volume of transactions reached the levels of January 2018.
In the meantime, it remains to enjoy some positive lull, and certainly, market participants are waiting for a new weekend, since the last 2 times the market has shown a rally
Read more
The stablecoins race continues: the Japanese banking holding Mizuho Financial Group launches its token J-Coin
DataLight found that the Bitcoin trading volumes increased to the levels of April 2018, and the daily volume of transactions reached the levels of January 2018.
In the meantime, it remains to enjoy some positive lull, and certainly, market participants are waiting for a new weekend, since the last 2 times the market has shown a rally
Read more
FxPro News
Forex - FxPro: Crypto market accumulates positive | Crypto Review
Growth without dips or just calm
Bitcoin is getting closer to the $4K threshold, but the growth momentum at the beginning of the week has faded away....
Bitcoin is getting closer to the $4K threshold, but the growth momentum at the beginning of the week has faded away....
US-China trade talks: deadline postponed
China’s blue-chip index jumped more than 6% on Monday morning on news that Trump would postpone of the tariff’s introduction. The U.S. President at the weekend noted “significant progress” in trade negotiations, announcing an intention not to raise tariffs after March 1, deescalating market tensions about the deadline.
China’s blue-chip index jumped more than 6% on Monday morning on news that Trump would postpone of the tariff’s introduction. The U.S. President at the weekend noted “significant progress” in trade negotiations, announcing an intention not to raise tariffs after March 1, deescalating market tensions about the deadline.
Not so good news for US stocks and Dollar
The last few weeks, after positive feedback on the negotiations, the dollar has been falling from local highs. This trend development can reduce the currency by another 0.7% -0.8%, returning the dollar index to the 200-day moving average and to the support line passing through local lows since September last year. This dynamic opens up possibilities for the EURUSD return to the area above 1.1450 and the next testing of the 1.15 mark.
Read more
The last few weeks, after positive feedback on the negotiations, the dollar has been falling from local highs. This trend development can reduce the currency by another 0.7% -0.8%, returning the dollar index to the 200-day moving average and to the support line passing through local lows since September last year. This dynamic opens up possibilities for the EURUSD return to the area above 1.1450 and the next testing of the 1.15 mark.
Read more
FxPro News
Forex - FxPro: US-China trade talks: deadline postponed | Daily Outlook
Rally in China
China's blue-chip index jumped more than 6% on Monday morning on news that Trump would postpone of the tariff’s introduction. The U....
China's blue-chip index jumped more than 6% on Monday morning on news that Trump would postpone of the tariff’s introduction. The U....
China's blue-chip index A50 loses 1.7% on Tuesday after spiking by 7.8% during trading on Friday and Monday to its highs from May 2018. According to Fibonacci theory, the corrective pullback can quickly take away from the index another 1% to 12350 against 12470 at the moment. A deeper correction may return the index to past week consolidation area, that is, completely offset the previous two days growth.
American and Chinese markets are turning to decline after rally
📍Asian and US markets turned to decline after a long rally.
📍According to technical analysis, this may be the beginning of a long-term correction or even reversal.
Read more
👉 https://fxpro.news/?p=6463
📍Asian and US markets turned to decline after a long rally.
📍According to technical analysis, this may be the beginning of a long-term correction or even reversal.
Read more
👉 https://fxpro.news/?p=6463
FxPro News
Forex - FxPro: American and Chinese markets are turning to decline after rally | Daily Outlook
Asian and US markets turned to decline after a long rally.
According to technical analysis, this may be the beginning of a long-term correction...
According to technical analysis, this may be the beginning of a long-term correction...
Bitcoin can’t handle to $4000 mark
Crypto market participants pinned many hopes on the past weekend. Some were waiting for a new rally by analogy with the last two jumps, others were waiting for a correction. And it all happened at once. The rapid growth to $4,200 for bitcoin launched an active profit taking, taking away immediately $400.
Read more 👉https://fxpro.news/?p=6476
Crypto market participants pinned many hopes on the past weekend. Some were waiting for a new rally by analogy with the last two jumps, others were waiting for a correction. And it all happened at once. The rapid growth to $4,200 for bitcoin launched an active profit taking, taking away immediately $400.
Read more 👉https://fxpro.news/?p=6476
Demand for safe assets grows, despite Fed softer tone
Markets remain under moderate pressure, despite the Fed comments. Powell’s semi-annual speech in Congress reinforced expectations that the US Central Bank is ready to show more patience in the face of a slowing economy. It was a further softening of the central bank’s rhetoric, which put pressure on the dollar.
However, the Fed’s softness was not enough to fuel the stock markets growth. At the end of the day, key US indices turned to a decline.
Read more 👉 https://fxpro.news/?p=6508
Markets remain under moderate pressure, despite the Fed comments. Powell’s semi-annual speech in Congress reinforced expectations that the US Central Bank is ready to show more patience in the face of a slowing economy. It was a further softening of the central bank’s rhetoric, which put pressure on the dollar.
However, the Fed’s softness was not enough to fuel the stock markets growth. At the end of the day, key US indices turned to a decline.
Read more 👉 https://fxpro.news/?p=6508
FxPro News
Forex - FxPro: Demand for safe assets grows, despite Fed softer tone | Daily Outlook
Markets remain under moderate pressure, despite the Fed comments. Powell’s semi-annual speech in Congress reinforced expectations that the US Centra...
Urgent MetaTrader4 update
We would like to inform you that the MetaTrader4 platform needs an update to version 1170.
As of the 1st of March 2019 the MetaTrader4 platform for PC older than version 1118 and MetaTrader4 for Android older than 1104 will not be able to connect to trading servers.
Download the latest version for your PC here
We would like to inform you that the MetaTrader4 platform needs an update to version 1170.
As of the 1st of March 2019 the MetaTrader4 platform for PC older than version 1118 and MetaTrader4 for Android older than 1104 will not be able to connect to trading servers.
Download the latest version for your PC here
Important upcoming events and publications for February 27 (GMT):
🇨🇦 13:30 Canada Consumer price index is expected to demonstrate a sharp slowdown in January from 2.0% to 1.4%. The cooling inflation is seen as a negative signal for CAD, as it reduces the chances of further rate increases by the Bank of Canada.
🇺🇸 13:30 U.S. Goods Trade Balance is in the market focus after the prolonged delay of publications due to the shutdown. Please note that the source is scheduled to publish data for two months – November and December, which may cause USD shake-up.
🇺🇸 15:00 The second day of the Fed’s semi-annual report to the U.S. Congress. The introductory speech and rhetoric in general often repeat theses of the previous day, but nevertheless one should not ignore this speech of Powell as it can provoke some price dynamics in pairs with USD.
Visit https://fxpro.news/economic-calendar/ for more details
🇨🇦 13:30 Canada Consumer price index is expected to demonstrate a sharp slowdown in January from 2.0% to 1.4%. The cooling inflation is seen as a negative signal for CAD, as it reduces the chances of further rate increases by the Bank of Canada.
🇺🇸 13:30 U.S. Goods Trade Balance is in the market focus after the prolonged delay of publications due to the shutdown. Please note that the source is scheduled to publish data for two months – November and December, which may cause USD shake-up.
🇺🇸 15:00 The second day of the Fed’s semi-annual report to the U.S. Congress. The introductory speech and rhetoric in general often repeat theses of the previous day, but nevertheless one should not ignore this speech of Powell as it can provoke some price dynamics in pairs with USD.
Visit https://fxpro.news/economic-calendar/ for more details
The optimism around the US-China talks is fading away. US representatives noted the difficulty of concluding a long-term deal with China. However, since November, when China and the United States began to take real steps to closer their positions in trade disputes, the yuan strengthened by 4.4%, reversing back more than 40% of the initial losses since the outbreak of trade wars.
The incoming news on the course of trade negotiations includes, among other things, the demand of the American side to see the yuan revaluation, a claim that can hardly be met by the Chinese.
If the Chinese authorities are familiar with history, they are unlikely to take such a step. In 1985, the so-called Plaza Accord envisioned similar moves by Japan. It turned into two decades of economic stagnation, housing prices collapse, and deflation.
Read more 👉https://fxpro.news/?p=6559
If the Chinese authorities are familiar with history, they are unlikely to take such a step. In 1985, the so-called Plaza Accord envisioned similar moves by Japan. It turned into two decades of economic stagnation, housing prices collapse, and deflation.
Read more 👉https://fxpro.news/?p=6559
FxPro News
Forex - FxPro: The yuan revaluation will be a grave mistake for the Chinese economy | Daily Outlook
The U.S. wants China to revaluate yuan a claim that can hardly be met by the Chinese if they do not want to repeat Japanese 2 lost decades
Trade op...
Trade op...
Important upcoming events and publications for February 28 (GMT):
🇩🇪 13:00 Germany Consumer price index for the current month is very operative statistics, therefore often provokes an increase of volatility in pairs with EUR. Note that data on individual German lands are published throughout the day, which may also lead to prices jumps.
🇺🇸 13:30 US GDP preliminary estimate for 4Q18 is expected to mark significant annualized growth rate cooling from 3.4% to 2.2%. The first assessment has the greatest potential to influence markets, and in this case, market participants have an incomplete set of data because of the shutdown, that reinforces the intrigue.
🇺🇸 Friday 01:15. The speech of Powell, the Fed head, entitled "Recent economic events and long-term challenges", will be in the focus of investors and can disrupt the quiet course of the Asian session. Attention will be paid to Fed chairman estimates and forecasts, who at the end of the year noticeably softened the rhetoric, and also pointed to the willingness to stop the reduction of the balance this year.
Visit https://fxpro.news/economic-calendar/ for more details
🇩🇪 13:00 Germany Consumer price index for the current month is very operative statistics, therefore often provokes an increase of volatility in pairs with EUR. Note that data on individual German lands are published throughout the day, which may also lead to prices jumps.
🇺🇸 13:30 US GDP preliminary estimate for 4Q18 is expected to mark significant annualized growth rate cooling from 3.4% to 2.2%. The first assessment has the greatest potential to influence markets, and in this case, market participants have an incomplete set of data because of the shutdown, that reinforces the intrigue.
🇺🇸 Friday 01:15. The speech of Powell, the Fed head, entitled "Recent economic events and long-term challenges", will be in the focus of investors and can disrupt the quiet course of the Asian session. Attention will be paid to Fed chairman estimates and forecasts, who at the end of the year noticeably softened the rhetoric, and also pointed to the willingness to stop the reduction of the balance this year.
Visit https://fxpro.news/economic-calendar/ for more details
FxPro News
Forex Economic Calendar - FxPro News
Stay informed and plan with confidence using our FX economic calendar, designed to help traders follow key financial updates that move the market. By tracking major releases, you can make smarter decisions in forex trading, manage risk, and choose better.