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Dollar buoyed by U.S. recovery hopes, bitcoin near record $52,640
February 18th, 2021
The dollar held its ground on Thursday after its first back-to-back gains in two weeks as upbeat data bolstered expectations that the U.S. economy would recover from the coronavirus pandemic faster than most of its peers. Bitcoin traded just ...
European markets advanced on Monday; Oil prices spiked overnight
February 15th, 2021
European markets advanced on Monday after a rally in Asia-Pacific overnight, with successful vaccine rollouts fueling hopes of a global economic recovery. The pan-European Stoxx 600 was up 1.1% by early afternoon deals, with media stocks surging 3.8% to ...
The dollar traded near a two-month high versus the euro on Wednesday
February 3rd, 2021
The dollar traded near a two-month high versus the euro on Wednesday as investors looked to a widening disparity between the strength of the U.S. and Europe’s pandemic recoveries. The view was bolstered by moves in Washington toward fast-tracking ...
Value of GDPR fines shows dramatic increase in 2020
February 3rd, 2021
European Union (EU) regulators have imposed General Data Protection Regulation (GDPR) fines of €272.5m (£242.6m/$330.5m) to date, €158.5m of them since 28 January 2020, in a sign that regulators are getting tougher on data privacy infringements as the regulation ...
Bitcoin bulls pushed BTC price through a key resistance level
February 3rd, 2021
On Feb. 2 Ether (ETH) saw its price breakout to a new all-time high at $1,555 as increased activity in the derivatives market provided clear signals that traders were bullish on the long-term prospects of the largest altcoin by ...
European stocks were largely flat on Wednesday
January 27th, 2021
European stocks were largely flat on Wednesday due to losses in technology and mining sectors and as investors stayed on the sidelines ahead of the U.S. Federal Reserve’s policy decision. The pan-European STOXX 600 index was down 0.02% following ...
Nordic region is currently the best suited to mine some Bitcoins
January 21st, 2021
The Nordic region, home of ancient Viking tribes, is recently termed once again as the best place to mine crypto-currencies. During this time of the year, the value of crypto-currency is almost tripled in its value and it seems ...
ThinkMarkets Enables 24/7 Crypto CFD Trading
January 20th, 2021
The award-winning globally regulated brokerage marks a new milestone for cryptocurrency traders worldwide Leading multi-asset brokerage company ThinkMarkets is expanding it’s product offering for cryptocurrency traders. The broker is extending trading hours for its cryptocurrency line of trading products. ...
British Pound gains ground against U.S. Dollar
January 19th, 2021
GBP/USD is trying to settle back above 1.3600 while the U.S. dollar is losing some ground against a broad basket of currencies. Yesterday, the U.S. Dollar Index made an attempt to settle above the resistance at the 50 EMA ...
The Pound Euro exchange rate is seen trading lower on Monday
January 11th, 2021
The Pound Euro (GBP/EUR) exchange rate is seen trading lower on Monday, 11th January as currency markets’ attention turns to the Bank of England and possible negative interest rates in the near-term outlook. Sterling is currently quoted at 1.1067 ...