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 hits three-week highs after the Fed, dismal US growth figures
EUR/USD approaches 1.1900, hitting the highest in three weeks. The dollar is falling across the board after the Fed refrained from pre-announcing tapering and sees inflation as transitory. German CPI beat estimates with 3.8% YoY in July. US GDP misses expectations.
GBP/USD soars above 1.3950 on Fed dovishness, Brexit optimism
GBP/USD is trading above 1.40, extending its gains after the Fed seemed reluctant to taper bond buys. The EU's suspension of legal action over the NI protocol supports sterling. UK scraps quarantine rules for fully vaccinated EU, US travelers.
USD/JPY: Risk-on limits declines
USD/JPY consolidates gains on Thursday in the initial trading session. Lower US Treasury yields undermine the demand for the US dollar. The yen remains unchanged after the BOJ summary of opinions suggests a longer accommodative monetary policy.
Editors’ Picks
EUR/USD hits three-week highs after the Fed, dismal US growth figures
EUR/USD approaches 1.1900, hitting the highest in three weeks. The dollar is falling across the board after the Fed refrained from pre-announcing tapering and sees inflation as transitory. German CPI beat estimates with 3.8% YoY in July. US GDP misses expectations.
GBP/USD soars above 1.3950 on Fed dovishness, Brexit optimism
GBP/USD is trading above 1.40, extending its gains after the Fed seemed reluctant to taper bond buys. The EU's suspension of legal action over the NI protocol supports sterling. UK scraps quarantine rules for fully vaccinated EU, US travelers.
XAU/USD climbs to two-week tops, beyond 200-DMA post-US GDP
Gold built on the previous day's post-FOMC rebound from the vicinity of the $1,790 horizontal support and gained strong follow-through traction on Thursday.
SPY up, GDP down, China goes green, FB goes red, RobinHOOD launches
China stocks went green for the day on Wednesday and no it wasn't St. Patrick's day but perhaps a dead cat bounce? The Fed certainly helped the green shoots as it continued its doveish stance saying there was no sign yet of dialing back ultra-loose policy.
XRP in a league of its own as BTC and ETH pull back
Bitcoin price is setting the stage for a pullback after a 40% upswing. Ethereum price is following BTC but might undergo consolidation. Ripple price defies its run-up, suggesting a minor correction might be enough before another rally begins.
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