News

Here is what you need to know on Friday, October 29:The dollar faced heavy selling pressure on Thursday after the US Bureau of Economic Analysis' first estimate showed that the US economy grew by only 2% in the third quarter. The shared currency outperformed its rivals as the European Central Bank adopted a cautious tone …

Forex Today: Dollar steadies, eyes on European data, US PCE inflation report – FXStreet Read More »

European Union lawmakers are mobilizing support for a ban on tracking-based advertising to be added to a new set of Internet rules for the bloc — which were proposed at the back end of last year but are now entering the last stretch of negotiations ahead of becoming pan-EU law.If they succeed it could have wide-ranging …

Inside a European push to outlaw creepy ads – TechCrunch Read More »

Through the TEZOS platform, Cuprum Coin, an innovative digital asset, is being offered in a pre-sale phase today. The cryptocurrency is commodity-based with an underlying physical asset such as ultra-fine copper powder, currently valued at over $60 billion. There are some important things you need to know about the new generation of cryptocurrencies in the …

Meet Cuprum Coin, the next generation of cryptocurrencies. Read More »

Starting the session at 1.209, EUR/USD rallied above 1.2104 for the first time in 2 months and a half, gaining 7 pips and trading at 1.2098.

Crude oil has been losing ground for 3 days. Today’s positive session indicates a possible reversal – light green, mostly flat: Oil ranges between $61.82 and $60.56 and is now at $61.48.

This downslide might be related to financial indicators data published earlier as the Euro Zone ECB Marginal Lending facility came out at 0.25.

In contrast, positive data for the Dow reported earlier when United States Initial Jobless Claims came out at 547,000, above the estimate of 617,000. This is also a step forward from the previous data of 586,000. United States Crude Oil Inventories came out at 594,000, above the estimate of -2.98 million. This is also a …

Dow down to 33,971 as the trading session gets underway Read More »