Winklevoss backed startup, BlockFi, is rolling out a new, zero-fee trading platform that allows users to trade, borrow and earn interest on their crypto. BlockFi Founder and CEO Zac Prince joins Yahoo Finance's Zack Guzman and Kristin Myers, along with Black Hawk Financial Founder Leanna Haakons, to discuss.
The Canadian dollar is steady on Thursday, after an optimistic Bank of Canada rate statement boosted the currency. Higher oil prices have also contributed to the Canadian dollar gaining ground.
Gold markets bounced just a bit during the day on Thursday, but not enough to get traders excited. At this point it’s obvious that the markets are continuing to measure the global economy and of course the Federal Reserve.
The British pound rallied again during the trading session on Thursday, breaking above the 1.31 level yet again. At this point, there is a lot of bullish pressure underneath and it should be obvious that we are broken out.
The British pound rallied again during the trading session on Thursday, reaching above the ¥143 level. At this point, the market has clearly broken out and it looks like we will continue to go much higher.
The Euro rallied early during the trading session on Thursday, as we continue to see a bit of bullish pressure recently. That being said, we are still in a very tight consolidation area and of course have a lot of resistance as shown from the previous session.
The Australian dollar pulled back just a bit during the trading session on Thursday, as retail sales came out flat. That being said though, this still looks to be support underneath.
Investing.com – Palladium, the auto-catalyst metal in short supply, stayed on its record-breaking spree on Thursday as its shinier cousin gold edged higher by remaining doggedly on the trail of the U.S.-China negotiations.
The British pound has been on a roll of late, climbing against both the dollar and the euro on expectations the Conservatives will secure a majority in the Dec. 12 general election.
Cryptocurrency exchange BitFlyer, recognized as one of the 10 exchanges with “real” trading volumes by asset management firm Bitwise, has just made it easier for users to buy cryptocurrencies.The post BitFlyer Europe users can now buy crypto with credit cards appeared first on The Block.
The year is ending but Brexit and trade wars continue being the hottest topics. In this article, we will consider events that will determine the market sentiment of the last month of the year.
Based on the early price action and the current price at 1.1098, the direction of the EUR/USD the rest of the session on Thursday will be determined by trader reaction to the short-term Fibonacci level at 1.1102.
European stocks mostly rose on Thursday, with the exception of U.K. equities, as multinationals suffered from the continued run-up in the British pound.
Investing.com -- Gold prices edged higher on Thursday but were essentially rangebound in the absence of major new developments in the U.S.-China trade war.
Litecoin (LTC) is currently trading at around $44 after a 7% drop in price since last week. However, despite the overall downtrend, LTC has remained stable over the last 24 hours. Litecoin experienced exponential growth earlier this year. Prior to mid-June, the altcoin was the best performing digital asset of 2019, growing more than 170% in fewer than 90 days and peaking at around $145. A serious summer downtrend then saw LTC tumble to around $49 before a market-wide pump last month following Chinese President Xi Jinping's bullish comments on blockchain. At the moment, LTC seems to be in bad shape after a massive drop from $60. Will the altcoin recover and push above $50? Let's take a look atThe post Latest Litecoin price and analysis (LTC to USD) appeared first on Coin Rivet.
Investing.com – Wall Street was flat on Thursday as upbeat jobs data and optimism over trade failed to make any material impact.
Eurozone retail sales slumped a seasonally adjusted 0.6% in October, Eurostat reported Thursday, well below expectations of a flat reading. Compared to Oct. 2018, retail sales rose 1.4%, below the 2.3% growth rate expected in a FactSet-compiled poll. Mail order and internet sales dived 2.5% as non-food sales slipped by 1.1% during the month, Eurostat reported.
Sterling could reach $1.35 if the Conservatives win the Dec. 12 general election and a Brexit pact is ratified by Parliament, according to a strategy note from UBS.
The USD/JPY is building a pullback after strong bearish momentum broke below the short and long-term moving averages, which seems to be a bearish wave C (purple).
GBP/USD marched higher in the early day, trading at levels not seen since early May. The pair is coming into a bit of resistance although the upward momentum remains strong.
The pound continues to gain ground, as the markets are pleased that Prime Minister Johnson remains ahead in the polls, with just one week to Election Day. In the Pacific region, the Aussie, NZ Dollar and Chinese yuan are trading quietly.
After weaker than expected ISM manufacturing PMI data in the US, investors will shift their focus on Non-Farm payroll report on Friday.