Central Bank and Bitcoin

The boom in cryptocurrencies and their underlying technology is forcing Central Banks worldwide to sit up and take notice. After all, Bitcoin, which is the largest and most popular cryptocurrency, along with its peers, are basically circumventing the established money system, through their unhackable technology, to give value. Major companies...

2018-03-23 Orbex Read more
FOMC

In the next few hours, eyes will turn toward the Federal Reserve once again, as we are expecting the FOMC Meeting Minutes. The US market has been closed due to the 4th of July holiday, which led the markets to experience a drop in volatility and liquidity over the past two days. Yet, volatility is likely to spike higher today ahead of the FOMC ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
FOMC_ Yellen_USD

While the U.S. economic calendar last week was relatively light, the Federal Reserve members spoke at length over the week which stood out. Many members have maintained the view that the markets can expect another two rate hikes from the central bank this year. Here's a quick summary from various Fed officials who spoke during the week. San Fr...

2017-04-05 John Benjamin Read more
Trump debate_US Elections 2016

Following the speculative rally by the equity markets and the U.S. dollar following the election victory of Donald Trump, nearly four months later, the markets have nothing to go by from President Trump. Last week, the U.S. dollar fell below the psychological round number level of 100.00 as investors pared bets on the so-called "Trump Trade," w...

2017-03-29 John Benjamin Read more
RBA

The Reserve Bank of Australia decided to keep the current policy unchanged in its meeting earlier today at 1.5% as widely expected, despite the fact that the Labour Market in Australia is showing clear signs of slowing down over the past three months. However, the Aussie continued to decline back and slipped below 0.7450. In today’s article, we ...

2016-12-06 Nour Eldeen Al-Hammoury Read more
ECB

All global markets will be looking at the ECB's decision today, but most importantly, everyone will be following the ECB Chairman Mario Draghi’s press conference, which is due 45 minutes after the ECB decision. His remarks are likely to have the biggest impact on the markets, one that is even more notable than that caused by the decision itself....

2017-07-26 Nour Eldeen Al-Hammoury Read more