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Monthly archive May, 2018

Dollar soars as euro weighed by Italy’s political woes

The dollar soared higher against the euro on Wednesday as the prospects of political turmoil in Italy piled pressure on the common currency. The greenback stabilized after wavering following US President Donald Trump's decision to exit a nuclear deal with Read More →

Crypto Lexicon – DYOR

DYOR is short for Do Your Own Research. The term means investors should study the details of a cryptocurrency such as the whitepaper, the people behind it, trading technicals, news and comments on the social media before putting their money Read More →

USD stands tall; EURUSD briefly dips below 1.19 on softer EZ data

Data released this morning showed that In April Y/Y chinese imports jumped to 21.5% and exports rose to 12.9% both figures were higher than expected and previous readings.

The USD has continued to firm and has been back to Read More →

Crypto Lexicon – CHOYNA

The term CHOYNA is a distortion of China, a country where the cryptocurrency market is highly active. The country is considered very influential in the crypto market and also accounted for majority of Bitcoin mining and trading, until the government Read More →

BoJ Minutes: Upward Path Expected To Continue For Japan Economy

Members of the Bank of Japan said that the Japanese economy is likely to remain on an upward trend, minutes from the bank's March 8-9 meeting revealed on Monday.Original Article Read More →

Dollar stays firm despite mixed jobs data

The dollar hovered close to its 2018 highs on Monday as slightly downbeat U.S. jobs and wages data barely effected perceptions of strength in the U.S. economy. However, analysts are aware that renewed concerns about trade frictions could cloud its Read More →