Bitcoin is priced at $8,696.80 with Ethereum down at $620, and XRP at $0.77.Hope of a speedy recovery to $10,000 now seems unlikely, and one of PayPal's founders has described the technology as, "a colossal pump-and-dump scheme, the likes of which the world has...
British investment bank Barclays Plc reported on Thursday a loss per share of 4.2 pence in the first fiscal quarter of 2018, compared to earnings per share of 1.3 pence in the same period last year. The company's revenue stood at £5.3 billion, a...
European bourses are pointing to a stronger start on the open following a late rally on Wall Street. The Dow snapped a 5-day losing streak late in the session, as strong earnings finally overshadowed US 10-year yields getting comfortable at multiyear highs.US 10 year...
The EURJPY pair attempted to reach the 133.500 level this week but has dropped back to form a triangular pattern. This is forming inside a larger wedge pattern, marked out here with blue trend lines, and the recent high formed the third touch on the top...
There is a growing air of anticipation across financial markets ahead of the European Central Bank rate decision and press conference later in the day.Although the ECB is broadly expected to keep monetary policy unchanged in April, the main focus and potential action will...
Here are the latest developments in global markets:FOREX: The US dollar index inched lower on Thursday, but by less than 0.1%, giving back some of the gains it achieved yesterday on the back of surging US bond yields. The euro was relatively steady ahead of today’s...
G-10 and EM currencies yield to dollar demandThe recent rise in US yields is responsible for crystallising USD strength, and this appears to have been accentuated by comparatively strong data flow in the US. But next week’s  US Trade Roadshow to China, which includes...
While markets in Europe slipped back yesterday in the wake of rising concern about rising yields they still remain well off the lows of the week. US markets finally managed to find a bid after five days of losses, with the S&P500 finding support...
Welcome back to our top 5 at 5 cryptocurrency price update.What goes up must come down folks... Cryptocurrencies have received a bit of a beating today with Bitcoin dropping over $600 and Ripple, Ethereum and Bitcoin Cash following suit.At the time of writing Bitcoin...
Following a sharp fall of stock value in major United States markets during Tuesday's session, Bitcoin accelerated its rally jumping as much as 7% to trade above the 9,500 mark. Meanwhile, its spinoff Bitcoin Cash was sliding over 2%, after a weekly rise of...