Bitcoin is long overdue for a “FOMO rally” to new all-time highs that could touch $200,000 or more, say one of its oldest investors. In an interview with Bloomberg on Sept. 29, Bobby Lee, former CEO of exchange BTCC, cast aside any suggestion that the price of Bitcoin (BTC) was in trouble. Lee: Bitcoin has […]
Bitcoin ‘FOMO rally’ long overdue that could see BTC price top $200K — Bobby Lee Read More »
Trades below the August low at 1.1634 It was not a clean break and run, but the EURUSD has moved to a new low for the year after spending a few hours today breaking, then failing, then breaking over a 4 hour period in the European session. The old low was 1.1634. The new low
EURUSD makes new year lows Read More »
Forex news from the European trading session – 29 September 2021 Headlines: Markets: JPY leads, NZD lags on the day European equities higher; S&P 500 futures up 0.5% US 10-year yields down 3 bps to 1.506% Gold up 0.5% to $1,742.90 WTI down 0.8% to $74.72 Bitcoin up 1.3% to $42,303 Bond sellers are taking
ForexLive European FX news wrap: Dollar firms even as Treasury yields cool off a little Read More »
Natural gas prices have climbed to their highest level in seven years in US NYMEX futures. Extreme weather in the US coupled with disruptions associated with hurricane Ida played a role in kickstarting the rally. Traders put fresh bets on the commodity as they anticipate a shortage this winter, amid a quick rebound in consumption
Shrinking inventories and supply worries lift natural gas prices to decade-high levels Read More »
At least three Federal Reserve officials said Monday they are ready to pull back on stimulus even though they don’t see a threat from inflation. Speaking at separate engagements, Fed Governor Lael Brainard and regional presidents John Williams of New York and Charles Evans of Chicago all expressed comfort with the first phase of policy
Silver witnessed fresh selling on Wednesday and drifted back closer to YTD lows. The set-up favours bearish traders and supports prospects for additional losses. Bears might wait for a break below the $22.00 mark before placing fresh bets. Silver struggled to capitalize on the overnight bounce from the vicinity of YTD lows, instead met with
Silver Price Analysis: XAG/USD struggles near YTD lows, remains vulnerable Read More »