USD weakens widely on Monday but strengthens against the JPY
BOE could increase interest rates this week
Fed not expected to announce rate increase
A brief look at the major currency pairs in the forex market shows that the best performer was the CHF, while the JPY ended at...
JVCEA proposes a 1:4 cap on margin trading
This follows the EU placing a 1:2 leverage cap on crypto trading last year
There are 3.5 million cryptocurrency traders in Japan
The Japan Virtual Currency Exchange Association (JVCEA) has suggested a cap on the amount of leverage that exchanges should...
Buckingham Research Group believes that there’s more room for growth
Currently trading at 57 times expected earnings for 2020
CFRA disagrees with buy rating
Square Inc’s stock price has increased by another 5.5% since it issued its earnings report for Q2 2018 last week. The year-to-date increase now stands...
Turkey announces punitive tariffs against many American products
Lira recovers to 5.85 against USD
US alcohol, automobiles and tobacco hit particularly hard
Turkey’s heavily punished currency, the lira, strengthened sharply yesterday morning after the Turkish government announced that it would impose significant tariffs against American products in retaliation for...
Share price surges 21% in one day
Market cap increases by $1.2bn
CFO Louden believes Roku has excellent long-term potential
Experienced traders have long known that a strong earnings report can send a firm’s stock price through the roof overnight.
In the case of Roku, it appears the market is...
US Fed announcement largely ignored
US drastically increases tariffs on Chinese imports
Asian markets subsequently report sharp losses
The decision by the US Federal Reserve to keep rates unchanged has been ignored by forex markets to a large extent so far.
What caused Asian markets to plunge sharply on Thursday...
3M Co ends lower for third day in a row
Trump involved in new spat with Iranian President
Tesla shares fall 3.3% after claims that it asked suppliers for refunds
On the stock market front, the Dow Jones Industrial Average dropped by 13.83 points yesterday to end at 25,044.29.
One...
USD enjoys another strong day in Asia
USD/JPY reaches new 6-month high
EU-Japan trade deal now heading for respective parliaments
The USD enjoyed another strong day in Asian trading yesterday, building on Tuesday’s strength that was driven by Fed Chairperson Jerome Powell’s testimony on monetary policy before the US...
