Category: Cryptocurrencies

Selloff in Pound catches most currency related headlines today, as it slumped to a 37-year low against Dollar. The decline came after data showed retail sales contracted in both volume and value term in August, Read more…

ECB Vice President Luis de Guindos told a Portuguese newspaper Expresso, “the slowdown of the economy is not going to ‘take care’ of inflation on its own.” “The slowdown of the economy will reduce demand Read more…

Canada wholesale sales dropped -0.6% mom in July to CAD 80.2B, worse than expectation of -0.4% mom. That followed two consecutive months of record-high sales in May and June. Declines in the personal and household Read more…

A package of retail sales statistics in Britain appears to have removed the last layer of support for the Pound, sending it into a dive. GBPUSD earlier today renewed its lows since 1985, dropping to Read more…

Sterling falls further on Friday and breaks below 1.14 mark vs dollar, trading at the lowest levels since 1985 during the European session. In addition to persisting pressure from strong dollar on expectations for another Read more…

At the start of next week there are two Far East data points that are important to talk about more from a perspective of technicalities. That is, they aren’t expected to cause an immediate move Read more…

The Euro started a fresh decline from well above the 1.0150 level against the US Dollar. The EUR/USD pair declined below the 1.0100 and 1.0080 support levels. There was close below the 1.0050 level and Read more…