
Bermuda has signed a Memorandum of Understanding with Binance to develop a global compliance center in the British Overseas Territory.
via CoinDesk
The US was forecast to report a slowdown in the first quarter of 2018: an annualized growth rate of 2.0% after 2.9% in the last quarter of 2017. The first quarters of each year often suffer from weak data and the economy picks up later on. However, real expectations may be slightly higher after Durable [...]
The post US GDP Q1 first release live coverage appeared first on Forex Crunch.
The EUR/USD trades at the lowest levels since mid-January, fueled mostly by USD strength. Mediocre euro-zone data is not helping and the US GDP could provide another blow. The technical picture points to emerging oversold conditions. The EUR/USD is trading around $1.2070, suffering the third day of sharp falls. The US Dollar continues gaining traction [...]
The post After the downfall, EUR/USD may be extra stretched appeared first on Forex Crunch.
After the EUR/USD fell off the cliff described on Thursday, it is getting used to new lows. The Technical Confluences Indicator shows the new levels to watch on the downside. $1.2060 is the convergence of the Pivot Point one-week Support 3, the PP one-day S1 and the 15m low. Further below, strong support awaits just below the round number. At [...]
The post Where next for the EUR/USD after the big fall? Targets appeared first on Forex Crunch.