ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 8, 2019. See details below: FOREX It was a turbulent start to the week, which saw the Yuan break the 7 to $1 level, as well a sharp rise of traditional safe haven currencies, like the Yen and the Swiss…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for August 7, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, Traditional finance types have been talking about it for a while, but lately, I'm seeing more and…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 7, 2019. See details below: FOREX The Yuan is recovering some of the ground lost earlier in the week against the Dollar, with both the onshore and offshore currencies up on the day by around 0.3%. This occurs as a…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for August 6, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, We've got Tezos!! Seems like a really cool blockchain. Like Libra, the Tezos company is headquartered in…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 6, 2019. See details below: GOLD & OIL It is quite clear that the trade war is having opposite impacts on gold and oil prices. The barrel is a victim of this scenario: the price has collapsed last week and…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 5, 2019. See details below: FOREX The Yuan devalued over 1% against the US Dollar during early Monday trading, the sharpest drop for the Chinese currency, since the 2008 financial crisis, with one Dollar now worth more than 7 Yuan.…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for August 2, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, No sooner had the Fed cut rates than President Trump attacked China with further tariffs. Even though…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 2, 2019. See details below: FOREX The US Dollar is down against other major currencies in Friday’s morning trading, as the markets digest the latest move by President Trump, who yesterday tweeted about his intention to raise additional tariffs on…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for August 1, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, As was widely anticipated, the US Federal Reserve did end up cutting their interest rate by 0.25%…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 1, 2019. See details below: FOREX The US Dollar recorded gains, following yesterday’s announcement of a 25 basis point rate cut by the Fed. It Is counterintuitive that a rate cut is followed by a strengthening of the currency, but…
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