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GBP dips as BoE remains on hold slashes growth; Tepid US CPI does not help USD

The Bank of England left rates unchanged yesterday and slashed growth projections, the GBP retreated across the board and hit its lowest in these last 4 months. The british central bank lowerly revised its growth and inflation outlook for 2018 Read More →

Crypto Lexicon – ADDY

ADDY is short for address. An address or ADDY in the crypto world is the string of letters and numbers that is publicly available, meant for single use, and is necessary to receive cryptocurrencies. An ADDY is otherwise seen as Read More →

Cryptocurrency Daily Roundup – May 9

Bitcoin and altcoins are in the green Wednesday morning as sentiment was likely buoyed by news of more acceptance for them into the mainstream. The NYSE parent, ICE, is reported planning to launch an online platform for big investors to Read More →

U.S. Wholesale Inventories Rise Less Than Expected In March

Wholesale inventories in the U.S. increased by less than anticipated in the month of March, according to a report released by the Commerce Department on Wednesday.Original Article Read More →

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 →