news

Wall Street Lower as Options Expiry Nears; Dow Down 90 Pts

18.09.2020, 01:52

U.S. stock markets opened mixed on Friday and turned negative by mid-morning, overshadowed by the 'quadruple witching' expiry of the quarterly options contracts on both single stocks and index futures that have so dominated trading in the last three months..

Bitcoin Holding $10,000 Could Confirm The Bull Run Is Still On

12.09.2020, 09:05

He’s not the only one that thinks Bitcoin should hold this level.

As reported by NewsBTC, a historically accurate trader believes that Bitcoin must hold $10,000 to maintain its bullish uptrend. The trader in question is one who predicted BTC’s price action to a T in late-2018, then all throughout 2019.

Pound Set for 2nd-Straight Weekly Slump as No-Deal Brexit Fears Rise

12.09.2020, 06:00

The pound is set for second-straight weekly slump on Friday, as no-deal Brexit fears persist after the U.K. Prime Minister Boris Johnson reportedly pushed ahead with a bill that would seek to override the withdrawal deal despite threats from the EU.

Dollar Weakens Against Euro After ECB; Sterling in Focus

12.09.2020, 05:59

The dollar slipped in early European trade Friday, with the euro showing strength as traders took heart from Thursday’s European Central Bank meeting. Sterling rebounded after a robust bounce in activity in July, but further losses look likely.

Gold Up on Week but Snaps 3-Day “Mini Rally”

12.09.2020, 04:57

Gold prices ended up for the week but the “mini rally” of the past three days — which saw the yellow metal rise less than $10 daily on the average — came to an abrupt end Friday as volatility struck financial markets again in the absence of clear drivers.