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Sunday, April 22, 2018

[FOREX NEWS] GBP/USD Forecast Apr. 23-27 – 5 reasons for pound plunge, GDP unlikely to be the savior


GBP/USD had a bad week when everything went wrong for the pound. After hardly holding onto 1.40, sterling now faces the GDP report and another public appearance by Mark Carney. Will it continue lower? Here are the key events and an updated technical analysis for GBP/USD. The bad news began with wages that remained stagnant at [...]

The post GBP/USD Forecast Apr. 23-27 – 5 reasons for pound plunge, GDP unlikely to be the savior appeared first on Forex Crunch.



via Forex Crunch

CryptoCurrency News: The Code for Ethereum's Consensus Change Is Now Ready for Review



The ethereum network's transition to proof-of-stake is getting closer to reality, beginning with a hybrid system that could soon begin testing.

via CoinDesk

CryptoCurrency News: 'WordPress of Blockchain' Startup Seeks to Solve Enterprise Pain Points



Elemential, which is based in Mumbai, India, seeks to remove the pain of “blockchain administration."

via CoinDesk

[FOREX NEWS] USD: Scope For More Pain Trade For USD Shorts N-Term On Position Clearout – BNPP


The US Dollar was on a roll alongside Treasury yields. But can this continue? Here are some doubts: Here is their view, courtesy of eFXdata: BNP Paribas Research discusses the USD outlook and sees a scope for further USD gains in the near-term, while maintaining a structural bearish bias in the medium term. “We see an elevated [...]

The post USD: Scope For More Pain Trade For USD Shorts N-Term On Position Clearout – BNPP appeared first on Forex Crunch.



via Forex Crunch

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