![Brief history of Bitcoin [Infographic]](https://investinearth.org/wp-content/uploads/2017/09/infographic-brief-history-of-bitcoin-351x185-1.jpg)
Bitcoin and blockchain technology are gaining more and more traction. How did it all begin? The infographic below provides a brief overview of the cryptocurrency: Get the 5 most predictable currency pairs
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Fundamental Traits of a Solid Strategic Trader
Prior to starting off on a trading journey, it is crucial to recognize how to take advantage of your strengths to leverage challenges and become a successful and productive trader. For a strategic trader, having ambitions and high standards plays an important role in obtaining high focus and precision when observing the markets in order … “Fundamental Traits of a Solid Strategic Trader”
Fundamental Traits of a Solid Strategic Trader
Prior to starting off on a trading journey, it is crucial to recognize how to take advantage of your strengths to leverage challenges and become a successful and productive trader. For a strategic trader, having ambitions and high standards plays an important role in obtaining high focus and precision when observing the markets in order … “Fundamental Traits of a Solid Strategic Trader”
Euro Fails to Profit from Positive PMI Readings
The euro failed to garner support from the very positive macroeconomic reports released today. The currency attempted to rally intraday, but failed to do so, and is now trading near or below the opening level against most of its rivals. Markit released preliminary reports for manufacturing and service industries in Germany, France, and the eurozone in general. All of the Purchasing Managers’ Indices were higher in September compared to August. What is more, all of them … “Euro Fails to Profit from Positive PMI Readings”
US Dollar Weakens on Lingering Geopolitical Risks and Lackluster Data
The US dollar moved lower against the euro and the Japanese yen on Friday after an exchange of threats continued between the United States and North Korea. Todayâs economic releases provided the greenback little support as the US manufacturing activity edged marginally higher while activity within the services sector dropped. The geopolitical tension between the United States and North Korea reached a new level today after the isolated Asian nation threatened to detonate a hydrogen … “US Dollar Weakens on Lingering Geopolitical Risks and Lackluster Data”
Canadian Dollar Weakens Against US Dollar on CPI and Retail Sales Data
The Canadian dollar today weakened against the US dollar after the release of weak Canadian CPI and retail sales data by Statistics Canada. Other releases from the US docket such as the Markit US Manufacturing PMI also served to boost the US dollar against its Canadian counterpart. The USD/CAD currency pair opened today’s session on a downtrend, but quickly changed course after the Canadian and US releases to recover most of its earlier … “Canadian Dollar Weakens Against US Dollar on CPI and Retail Sales Data”
Japanese Yen Rallies After Trump Orders New Sanctions Against North Korea
The Japanese yen rose today as tensions between the United States and North Korea continued to escalate, making safe assets more appealing to investors. US President Donald Trump ordered new sanctions against North Korea in an attempt to dissuade the rogue nation from performing nuclear tests. Earlier this week, he threatened to “totally destroy” North Korea. In a response, North Korean leader Kim Jong Un called Trump “mentally … “Japanese Yen Rallies After Trump Orders New Sanctions Against North Korea”
Australian Dollar Steady Following China’s Rating Downgrade by S&P
The Australian dollar gained on its US counterpart today. The currency slid against other rivals intraday but is has bounced by now. Yesterday, the Aussie dropped more than 1% following China’s credit rating downgrade by Standard & Poor’s. S&P announced yesterday: S&P Global Ratings lowered the long-term sovereign credit ratings on China to ‘A+’ from ‘AA-‘ and the short-term rating to ‘A-1’ from ‘A-1+’. The outlook on the long-term … “Australian Dollar Steady Following China’s Rating Downgrade by S&P”
Euro Rallies Against US Dollar on Mario Draghi Speech
The euro today rallied briefly against the US dollar after Mario Draghi‘s speech at the second annual conference of the European Systemic Risk Board in Frankfurt. The EUR/USD currency pair was on a recovery mode throughout today’s session after a major decline triggered by yesterday’s FOMC rate decision. The EUR/USD currency pair was on a recovery path today gaining about 74 points at the height of its rally as the euro gained against the US dollar. … “Euro Rallies Against US Dollar on Mario Draghi Speech”
GBP/USD Trades Sideways After Post-FOMC Slide
The GBP/USD currency pair today traded sideways after a major down slide occasioned by yesterday’s FOMC statement, which outlined a hawkish tone. The release of the public sector borrowing by the Office for National Statistics had minimal impact on the British pound even as the US dollar held on to gains made yesterday. The GBP/USD currency pair traded in a narrow 45-point range with resistance being established around 1.3515 and support being established at 1.3470. The British … “GBP/USD Trades Sideways After Post-FOMC Slide”