With a record high in Bitcoin and seemingly important Key Reversals in GBPUSD & EURGBP…it all adds to interesting markets for Friday the 13th…my FX & Bitcoin broadcast at CME London today.

 

ADM Investor Services Limited – FCA No 148474 Disclaimer This information has been has been issued by ADM Investor Services International Limited (“ADMISI”) in accordance with ADMISI’s Investment Research Policy. This information is only intended to be distributed to existing Eligible Counterparties and Professional Clients of ADMISI. Further, ADMISI’s investment research is intended for use solely by Eligible Counterparties and Professional Clients, who possess a certain degree of knowledge and experience in the subject of this information. Therefore the contents may refer to terms and subjects that may be unsuitable for Retail Clients and this information should not under any circumstances be forwarded to a Retail Clients. This content is for information purposes only and should not be construed as an offer, solicitation or recommendation to buy or sell any investments or investment advice. ADMISI does not recommend or endorse any particular investment, or course of action. This information has no regard for any investment objectives or financial situation of any Eligible Counterparty or Professional Client. Any investment that is referred to may warrant further investigation or research, which will be solely at the discretion of the Eligible Counterparty or Professional Client. Information and opinions expressed herein are based on sources believed to be reliable, however ADMISI does not represent that they are accurate or complete. Further any views or information are based upon judgements made as at the date of this information. All opinions and information are subject to change without notice. ADMISI and/or connected persons may from time to time have positions in or effect transactions in any investment or related investment mentioned herein and may provide financial services to the issuers or such investments. ADMISI has put in place systems and controls mechanisms supported by appropriate procedures to identify and manage any conflicts of interest that may arise. A copy of ADMISI’s Conflict of Interest Policy is available upon request. In relation to this content, ADMISI does not believe that any relationships, circumstances, interests or potential conflicts of interest that would require disclosure under the FCA Conduct of Business rules are likely to arise. In particular no major shareholdings or financial interests exist between ADMISI and any relevant company. In the event that this situation changes then appropriate disclosures will be made. All investments involve a degree of risk and may not be suitable for certain investors. All investors should make their own investment decisions based on their circumstances, financial objectives and resources and after seeking any appropriate professional advice. This information has not been prepared under the Independent Investment research regulatory requirements and accordingly there is no prohibition on dealing ahead of the dissemination of this research material. ADM Investor Services International Limited is authorised and regulated by the Financial Conduct Authority FCA Number 148474 in the UK.

Recommended Content


Recommended Content

Editors’ Picks

GBP/USD rises to near 1.2540, driven by higher UK GDP

GBP/USD rises to near 1.2540, driven by higher UK GDP

GBP/USD edged higher to near 1.2540 during Asian hours on Friday, buoyed by the release of higher-than-expected UK Gross Domestic Product (GDP) data for the first quarter.

GBP/USD News

EUR/USD: The crucial resistance level will emerge at the 1.0790–1.0800 region

EUR/USD: The crucial resistance level will emerge at the 1.0790–1.0800 region

The EUR/USD pair trades on a softer note near 1.0775 during the early European hours on Friday. The downtick of the major pair is supported by the renewed US Dollar demand amid hawkish comments from Federal Reserve officials. 

EUR/USD News

Gold price extends the rally despite hawkish Fedspeak

Gold price extends the rally despite hawkish Fedspeak

Gold price gains momentum on Friday despite the modest rebound in US Dollar. The yellow metal edges higher as many economists expect a weakening labor market could prompt the Federal Reserve to cut interest rates sooner than currently expected to stimulate economic growth.

Gold News

Ethereum waiting on a bullish trigger, Consensys CEO takes a jab at the SEC

Ethereum waiting on a bullish trigger, Consensys CEO takes a jab at the SEC

Ethereum co-founder alleges that the SEC aims to stifle innovation through its enforcement actions against Ethereum-related companies. Grayscale CEO says he's optimistic the SEC would approve its spot ETH ETF application.

Read more

Rate cut optimism fuelled by higher US jobless claims

Rate cut optimism fuelled by higher US jobless claims

With Federal Reserve policy acting as the primary driver of investor sentiment in 2024, renewed optimism surrounding the possibility of rate cuts has propelled the Dow to its most significant rally since December. 

Read more

Majors

Cryptocurrencies

Signatures