Merlin Rothfeld
Online Trading Academy
As their value continues to increase exponentially, more and more people are talking about Bitcoin, Ethereum, Litecoin, Ripple and the many other cryptocurrencies that are being created every day. But what are they exactly? How do you purchase them? Where do you keep them and who will accept them as payment? Watch this webinar with our expert, Merlin Rothfeld, to learn the basics of cryptocurrencies.
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Editors’ Picks
EUR/USD remains offered, challenges the 200-day SMA
EUR/USD adds to the current leg lower and comes just pips away from its significant 200-day SMA around 1.1580 as the NA session draws to a close on Thursday. The deeper drop comes in response to the intense advance in the Greenback, this time propped up by firm US data and higher US Treasury yields.
GBP/USD drops to four-week lows near 1.3360
Moving in step with other risk-sensitive peers, GBP/USD is attracting heavier selling and has slipped below the key 1.3400 support on Thursday to hit fresh four-week troughs. Cable’s decline reflects a firmer US Dollar as investors keep evaluating the latest batch of US data.
USD/JPY consolidates as intervention risks weigh against strong US data
USD/JPY holds near multi-month highs as intervention risks temper follow-through buying. Upbeat US data reinforce the view that the Fed can remain patient on easing. Political uncertainty in Japan weighs on the Yen as snap election risks keep sentiment cautious.
Editors’ Picks
AUD/USD looks reinvigorated, reclaims 0.6700 and above
Despite the firm tone in the Greenback, AUD/USD manages to reclaim the 0.6700 mark and beyond ahead of the opening bell in Asia. Indeed, the pair reverses the earlier pullback on Thursday, building on small gains recorded in the previous day.
USD/JPY consolidates as intervention risks weigh against strong US data
USD/JPY holds near multi-month highs as intervention risks temper follow-through buying. Upbeat US data reinforce the view that the Fed can remain patient on easing. Political uncertainty in Japan weighs on the Yen as snap election risks keep sentiment cautious.
Gold slumps to near $4,600 as Trump softens tone on Iran
Gold price tumbles to near $4,605 during the early Asian session on Friday. The precious metal edges lower as the US Initial Jobless Claims data boost the US Dollar. The US December Industrial Production report will be published later on Friday. Also, Federal Reserve Governor Michelle Bowman is scheduled to speak.
Bitmine to invest $200 million in Beast Industries as investors await shareholders' vote result
Ethereum (ETH) treasury firm Bitmine Immersion (BMNR) said it will invest $200 million in Beast Industries, the company founded by YouTube creator Jimmy Donaldson, popularly known as MrBeast, according to a statement on Thursday.
Why investors are rotating into Asia
This isn’t “Sell America” — it’s “Buy breadth.” Investors are diversifying away from narrow US leadership and looking for returns that aren’t concentrated in a handful of mega-caps.
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