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


Italian jitters; Strong yen

Italian jittersBy Arnaud Masset The USD rose on Wednesday amid nervousness [...]

Posted on Wednesday, 23 May, 2018 / 9:32 under Swissquote Bank Review

Turkish lira…And down it goes

The recent history for the Lira says that in January of 2005, after a [...]

Posted on Wednesday, 23 May, 2018 / 9:08 under TeleTrade Review

Dollar Recovers Ahead of FOMC Minutes, Stocks Fall

Equities Wall Street tumbled on Tuesday after President Donald Trump [...]

Posted on Wednesday, 23 May, 2018 / 8:25 under ICM Capital Review