The Crypto Lark tries to put in perspective the best Cryptocurrencies to trade in 2018 (Cardano, Litecoin, NEM, ICON, Qtum) and how to choose which are the best Crypto projects to invest.
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EUR/USD recaptures 1.10 as dollar suffers a fresh sell-off
EUR/USD is trading above 1.10, recapturing the level as the dollar retreats. After a three-day rally, stocks are cooling but the safe-haven dollar is still under pressure. Coronavirus headlines are eyed.
GBP/USD extends rally above 1.23 amid USD weakness
GBP/USD is trading above 1.23, some 900 pips off the lows amid dollar weakness. UK coronavirus cases are rising at a growing pace and Brexit talks have been put on ice.
Cryptocurrencies: Bulls honing their antlers for an upward attempt ahead
The sense of extreme fear is divergent with the levels of the mathematical averages. Bitcoin dominance ratio moves at a structural pivot level and can lead to a trend change. XRP is the winner of the day, but far away from fleeing out of the bearish scenario.
Gold trades with modest losses below $1620 level, downside seems limited
Gold edged lower through the early European session and is currently placed near the lower end of its daily trading range, just below $1620 level. Concerns over an imminent global recession might help limit losses.
US Jobless Claims Analysis: 3 M is only the beginning, 3 reasons why USD may rise
Unemployment is engulfing the US – weekly jobless claims jumped to 3.283 million, an increase of 1,053%. The four-week moving average is near one million, also surpassing the worst since the Great Financial Crisis.