Trading news

Euro became weaker because of Politics

U.S. 10-year bond yield rose highest in 7 years above 3.1 as well as economic data also good so U.S. dollar hold steady on Thursday. But euro was weaker on Wednesday because of the political issue in Italy. I suggest support line for EUR/USD at 1.700 points. While British pound hold steady and move sideways between 1.3450-1.3620 dollar. I think if pound fall lower than 1.3400, it may fall to 1.3300 dollar. I suggest listening FOMC member’s speeches: Mester at 14.00 p.m., Brainard at 20.15 p.m. and Kaplan at 20.15 p.m. to see their opinion about U.S. economy.
Fake ICO Website has been launched called “HoweyCoin” by The U.S. Securities and Exchange Commission (SEC). However, the offer is not real and this website aim to educate investors about ICO only. I think bitcoin price may hold above 8,000 USD awaits the South Korea “UPbit” news.

By Niramon Nitnitiphruet
Financial analyst, Olymp Trade.

Olymp Trade Review

Thursday, 17 May, 2018 / 10:17

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


Current State of the US Economy

Despite the increase in volatility that occurred at the beginning of this [...]

Posted on Friday, 17 Aug, 2018 / 4:28 under TeleTrade Review

Asian markets conclude mixed, as tech equities rebound

On Friday, Asian stock indexes generally rallied, with Japan in the lead. [...]

Posted on Friday, 17 Aug, 2018 / 2:19 under FBS Review

FTSE 100 is suppressed on worries about Brexit talks

On Friday, Britain’s main stock index was nearly intact, with an abrupt [...]

Posted on Friday, 17 Aug, 2018 / 2:19 under FBS Review