The IMF is Not Pleased with the Fed’s Cautionary Position on Digital Currency

#Fed #IMF #digital #currency “The world’s financial industry is moving quietly and slowly toward a cashless society.” — Paul Ebeling Fed Chairman Powell said in a meeting of the International Monetary Fund (IMF) that they need to do “’extensive’ public consultation with stakeholders” before completing the move, it has not yet made its call on…

British Pound: GBP/USD (GBP=X) Looks Vulnerable To A Correction

$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.2987 British Pound Outlook GBP/USD trades in a tight range, sideways, which could continue whilst Brexit trade talks remain deadlocked. On Tuesday, the junior UK business minister Nadhim Zahawi repeated that the UK sees no point in continuing trade talks despite chief EU Brexit negotiator…

Japanese Yen: USD/JPY (JPY=X) Ready To Take Off

$JPY #Japanese #Yen #USD #FX #Currencies #Trading #Markets Japanese YenTicker: JPY=Price: 105.53 USD/JPY Dollar Exchange Rate Today’s Forex Rates USD/JPY Dollar FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Sideways. The projected upper bound is: 106.54. The projected lower bound is: 104.48. The projected closing price is: 105.51. Candlesticks A white…

British Pound: GBP/USD (GBP=X) Downside Risks in a No-Deal Brexit Scenario

$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.2945 British Pound Outlook The pound eased from against the dollar from session highs Monday, but remained supported as the EU appeared to extend an olive branch, saying it remains committed to intensifying Brexit-deal talks with the U.K. GBP/USD to rose 0.45% to $1.2971, below session…

Euro: EUR/USD (EUR=X) The Last Correction Before The Big Move?

$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1777 Euro Outlook The Euro rallied significantly during the trading session on Monday, reaching towards the 1.18 level. This of course is a large, round, psychologically significant figure, and should be paid attention to for that reason. Furthermore, the uptrend line above should offer resistance, while the…

Euro: EUR/USD (EUR=X) Technical Analysis Trade Planning For Forex Traders

$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1725 Euro/US Dollar Exchange Rate Today’s Forex Rates EUR/USD FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 1.16. The projected upper bound is: 1.18. The projected lower bound is: 1.16.…

Japanese Yen: USD/JPY (JPY=X) Unchanged As The Market Reacts To The Latest Japanese Trade Numbers

$JPY #Japanese #Yen #USD #FX #Currencies #Trading #Markets Japanese YenTicker: JPY=Price: 105.35 Japanese Yen News Japan exports and imports continued to fall as the country’s economy continued to recover. According to the Ministry of Finance, the country’s exports declined by 4.9% to ¥6.05 trillion. This decline was worse than the 2.9% that economists were expecting.…

Australian Dollar: AUD/USD (AUD=X) Rose After Data Showed China Extended Its Economic Recovery

$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7159 AUD/USD Outlook The Australian dollar rose on Monday after data showed China extended its economic recovery, and the New Zealand currency also posted gains following a landslide election victory for Prime Minister Jacinda Ardern during the weekend. The Australian dollar AUD=D3, which correlates closely…

British Pound: GBP/USD (GBP=X) Awaits Economic Data And Brexit Developments

$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.2890 British Pound Outlook GBPUSD closed around 1.2913 in the U.S. session Friday, ticked down -0.01%, almost flat despite no free trade agreement (FTA) as the U.K.-EU may sign an alternative ‘Australia’ (AU) type of deal instead of ‘Canada’ type deal. Overall, GBPUSD slips almost…