Cryptomarket Wakes From Winter Nap The cryptocurrency winter-of-discontent is coming to an end. After more than a year of bear market conditions activity is up across the board. The major currencies have all seen double digit gains over the past two months and more are on the way. While the entire market is moving, there […]
Dollar Is Strengthening The week ahead is sprinkled with a few volatility-triggering events, especially for the greenback, which appears to be strengthening across the board. The Fed is back in the spotlight this week with the release of the Meeting Minutes so we can expect strong moves Wednesday on most majors. EUR/USD – Technical Outlook […]
A Busy Week Ahead The global equity markets are trying to move higher but there are a number of make-or-break events due next week that could derail the budding rally. Top of the list is the US-China trade talks set to occur in Washington D.C. The US-China trade impasses has led the global economy to […]
Litecoin Dips, Slides Lower In Top 10 Rankings Litecoin currently sits at the 8th position on the crypto top-10 by market cap, with a total dollar market value of $1.8 billion, followed by TRON (TRX) with $1.6 billion. As most other coins, Litecoin is trading bearish, having lost almost 11% in the last 7 days […]
The Ethereum Upgrade, It’s Here, Maybe With the cryptocurrency markets wallowing near long-term lows traders are wondering what it will take to renew interest in the technology. Well my friends, let me tell you. The cryptocurrency markets are down for a couple of reasons and one of them is the long awaited upgrade and improvement […]
Cash Is King, Always Was And Always Will Be The market is falling and when I say market I mean equities, globally. The amount of fear in the market, the number of reasons why risk-off is better than risk-on, has overpowered even the staunchest of bulls and brought the rally to its knees. In simple […]
The Change That Shook The Market A few week’s ago in a speech to the NY Economic Club FOMC chief Jerome Powell indicated neutral interest rates were close at hand. His remarks, along with data and comments from other Fed members, have led the market to believe the FOMC will pause or slow-down its rate […]
Another wave of selling has hit the market Another wave of selling has hit the market and most cryptocurrencies are bleeding value, dropping as much as 40% for the last 7 days and 20% for the last 24 hours alone. The move doesn’t seem spurred by one particular piece of news but rather by a […]
A Dovish Fed Was Expected But What Happens Now Jerome Powell delivered the market a stunning message on Wednesday when he revealed interest rates are closer to neutral than previously thought. While a powerful message and one that could send the dollar shooting lower it was not all that unexpected. Data over the last two […]
The global energy markets have been under a lot of pressure lately as mounting oversupply worry and slowing GDP growth combine to scuttle the 2018 rally. WTI and Brent are both down more than 30% from their 2018 highs and may continue lower in the near-term as traders wait to see just how far oil […]