
A Mt Gox initial coin offering (ICO)? It's not that much of a far-fetched idea, according to the defunct bitcoin exchange's controversial CEO.
via CoinDesk
The US dollar is retreating and more so against the Japanese yen. This is an extension of the falls seen earlier in the week and they prove once again: what cannot go up must come down. The pair made a false break last week above the 114.50 level. We are now at 112.55 after hitting [...]
The post USD/JPY could not go up – 4 reasons why it is falling appeared first on Forex Crunch.
The president of the European Central Bank is speaking for the second time this week. His previous public appearance alongside his top peers from the Fed, BOJ, and BOE. EUR/USD is trading around 1.18. more coming
The post Draghi hails the solid economic expansion – EUR/USD looks solid appeared first on Forex Crunch.
The Australian dollar slipped a bit lower amid a not-so-great jobs report. What’s next? Here is the view from Nomura: Here is their view, courtesy of eFXnews: Nomura FX Strategy Research discuss AUD outlook, recommending to tactically positioning for further AUD downside against the EUR via an options structure expiring on Dec-21. “AUD continues to fall [...]
The post AUD: Breaking Out Of Ranges On Crosses; What’s Next & How To Position? – Nomura appeared first on Forex Crunch.