Unlock your trading potential!

News

ECB's Lagarde: We are not seeing transmission from wages to inflation yet

Comments by ECB president, Christine Lagarde, at the WEF in Davos - Upward move in inflation is really minor - Downside risks are less pronounced due to trade deals Pretty much a repeat of her remarks offered during the ECB press conference yesterday. So far, we're not hearing of anything that stands out from the panel discussion.
Jan 24, 2020 Read more

WHO spokesman: It is still too early to draw conclusions on how severe the coronavirus is

A WHO spokesperson comments in Geneva ForexLive
Jan 24, 2020 Read more

The risk picture is more mixed as bonds see fresh bids

Bond traders are hinting at caution ahead of the weekend ForexLive While European equities are posting more solid gains and US futures are up by ~0.2%, bond yields have fallen off in the past hour of trading with Treasury yields back at flat levels after having been about ~3 bps higher following euro area PMI data earlier.
Jan 24, 2020 Read more

EUR/USD falls to lowest since 2 December as dollar keeps more firm on the session

The greenback firms alongside the yen as bonds see a fresh bid ForexLive EUR/USD is falling below support around 1.1040 now as price hits a session low of 1.3032 - the lowest level since 2 December, more than seven weeks ago.
Jan 24, 2020 Read more

Cable falls below 1.31 as UK PMI data beat fails to inspire

Cable falls to a session low of 1.3086 on the day ForexLive The pound is falling to its lowest levels on the day with cable slipping back below the 1.3100 handle currently - dollar bids also pushing the issue a bit.
Jan 24, 2020 Read more

BOE rate cut odds for next week pretty much a coin flip

That is something pound buyers will not be too happy about ForexLive The UK PMI data beat earlier failed to tip the scales significantly and I reckon that is something that won't do the pound much favours ahead of the BOE meeting next week.
Jan 24, 2020 Read more

ECB's Rehn: Inflation expectations have become stuck at a low level

Comments by ECB governing council member, Olli Rehn - This is something that the governing council discusses incessantly - This is at the core of the strategy review, we want to make sense of it ForexLive
Jan 24, 2020 Read more

Pound whipsaws as traders digest UK PMI data beat

Cable jumped to near three-week highs of 1.3173 before retracing to 1.3125-40 ForexLive Pound traders are not looking too impressed by the UK PMI data beat earlier, as the currency is struggling to build further gains despite the better-than-expected release.
Jan 24, 2020 Read more

UK January flash manufacturing PMI 49.8 vs 48.8 expected

Latest data released by Markit/CIPS - 24 January 2020 - 47.5 - Services PMI 52.9 vs 51.1 expected - 50.0 - Composite PMI 52.4 vs 50.7 expected - Prior 49.3 ForexLive
Jan 24, 2020 Read more

Pound keeps a little higher ahead of PMI data release

Cable is at session highs close to 1.3150 A break above the recent swing highs above the 1.3150 will clear out some resistance for cable in searching for a move higher, but it is all about the PMI data for the pound now.
Jan 24, 2020 Read more

Disclaimer: The trade in Forex and Cryptocurrencies can generate significant benefits but also involves a risk of partial or total loss of funds and should be considered by the initial investors. We recommend you that you read our terms and conditions and the disclaimer page before making any investment. The clients should be aware of their individual capital gain tax liability in their country of residence. This website is independent of forex and crypto brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed. The website does not provide investment services or personal recommendations to clients to trade forex and crypto options.

USA regulation notice: Cryptocurrencies companies are not regulated within the United States. These companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commission of Futures of Commodities (CFTC), National Futures Association (NFA), Securities Commission (SEC) or Regulatory Authority of the Financial Industry (FINRA).

Disclosure of Risk: cryptotrixi.com don't accepts responsibility for loss or damage as a result of trust in the information contained in this website; This includes educational material, automatic operations, and graphics, and analysis. Please remember, the user has to be aware of the risks associated with trading in financial markets. Profits may vary according to market conditions and each user. The profits and results, we recommend you read the terms and conditions. In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all.