Inflation Data Will Move The Dollar With the labor market as tight as it has been decades the FOMCs focus is squarely on inflation. That makes this week an important for dollar traders because we’ll get a read on the FOMC as well as two key indicators of inflation, CPI and PPI. The read on […]
EOSIO (EOS) – Overview And Long Term Price Forecast Launched in July 2017, EOSIO aims to become the best infrastructure for building decentralized applications (dApps), bad news for Ethereum. Its blockchain architecture allows for vertical and horizontal scaling of dApps. This is made possible by emulating most of the characteristics of a traditional computer upon […]
Bitcoin Tops $4,000, And It Holds This is a make or break moment for Bitcoin. The world’s leading cryptocurrency and reserve digital token is trading above $4,100 and looks like it could higher. It also looks like it might top out at this level so patience is the name of today’s game. The BTC/USD may […]
Uber, the ride-hailing app, is planning to float on the stock market in April. According to reports from the Reuters news agency, the company will register with US regulator the SEC. It is also planning a roadshow for investors in April. This is the second company in the same industry to float stocks on the […]
Forex Majors – Technical Overview And Weekly Predictions Germany’s jobless rate falls to the lowest since the Reunification in 1990, British MPs are getting set to vote again on a Brexit deal and the Fed decided to slow down the pace of interest rate hikes. Volatility is a guarantee amid these turbulent times, let’s take […]
Technical Overview And Weekly Price Predictions For Major USD Pairs The Fed suggests monetary policy will be on hold all year, Eurozone PMI shows a dwindling economy, and Brexit drama continues with no real end in sight. This spells uncertainty and volatility in the Forex market, and means opportunities for savvy traders. EUR/USD – Technical […]
The FOMC Will Lower Their Inflation Forecast The FOMC is set to meet again this week. The committee is not expected to alter policy but there is a growing expectation the individual members will alter their growth forecast. This meeting the members are expected to lower their dot-plot targets for this year and next, effectively […]
EOS (EOS) – Overview And Long Term Price Forecast EOS is a blockchain protocol that aims to provide a complete system for the smooth creation of decentralized apps. Some of its features include server hosting and cloud storage among others. The protocol emulates many of the characteristics of a “traditional” computer or network but all […]
The Buck Stops Here The U.S. dollar made a stellar mover higher over the past few weeks but that move has come to an end. Trade hopes, U.S. economic dominance, and a supportive FOMC were not enough to break the DXY out of its trading range. The index is now showing resistance at the top […]
Ethereum (ETH) – Weekly Update And Long Term Price Prediction Ethereum is an open source, blockchain-powered platform that allows developers to build and utilize decentralized applications (dApps), also known as smart contracts. It is supposed to be the most advanced blockchain on the market and it may be, in theory. In practice it is a […]