Crypto Lexicon – STABLECOIN
Stablecoins are cryptocurrencies whose values are pegged to some asset such as a US dollar or gold. Price stability and decentralized nature are the two main features of stablecoins.Original Article Read More →
Forex
Forex Free Trading Tips
Monthly archive May, 2018
U.S. Housing Starts Pull Back Much More Than Expected In April
New residential construction in the U.S. pulled back by much more than anticipated in the month of April, according to a report released by the Commerce Department on Wednesday. The report said housing starts plunged by 3.7 percent to an Read More →
U.S. Industrial Production Climbs Slightly More Than Expected In April
A report released by the Federal Reserve on Wednesday showed industrial production in the U.S. increased by slightly more than anticipated in the month of April. The Fed said industrial production climbed by 0.7 percent in April, matching the upwardly Read More →
Euro shaken by Italian political developments
Increasing geopolitical tension was the driving factor for FX volatility on Wednesday, as uncertainties between the US and North Korea have arose. A senior North Korean official stated that the country is not interested in a summit with the US Read More →
Cryptocurrency Daily Roundup – May 16
Cryptocurrencies were trending lower Wednesday morning, extending a trend witnessed since late Tuesday. Market sentiment was likely dampened by regulatory moves in Asia. Meanwhile, a Goldman Sachs-backed crypto finance startup raised funding from a mining giant to develop a stablecoin. Read More →
USD marks fresh highs as US 10-Yr yields spike above 3%; US equities get nervous
US Dollar pursued fresh 5-month highs yesterday, as the dollar reacted to rises in yields. The benchmark 10-year Treasury yield marked the highest since 2011 as it went beyond 3%. Yields rise as treasury prices fall.
In the meantime Read More →