Unlock your trading potential!

News

EUR/USD pares gains on the day on slight dollar pullback

The dollar recoups some losses in European mid-morning trade For bank trade ideas, check out eFX Plus The pair touched a high of 1.1384 earlier in the session before backing off a little to around 1.1350 levels but has now eased further to a session low of 1.1326.
Jun 5, 2020 Read more

China says that it vows countermeasures against US list on 33 entities

Comments by the Chinese foreign ministry - Says that US' abuse of export restrictions benefits no one - Says China will protect legal rights of Chinese companies For bank trade ideas, check out eFX Plus
Jun 5, 2020 Read more

ECB's Lane says that PEPP increase is proportionate response to the outlook

Comments by ECB chief economist, Philip Lane - ECB stands ready to adjust all of its instruments as appropriate - Market fragility underlines continued need for central bank to be flexible For bank trade ideas, check out eFX Plus
Jun 5, 2020 Read more

ECB's Holzmann: PEPP has been efficient in reducing distortions

ECB members continue to reaffirm their decision from yesterday For bank trade ideas, check out eFX Plus
Jun 5, 2020 Read more

Heads up: EU chief Brexit negotiator Barnier press conference on Brexit later today

Barnier's press conference is scheduled for 1100 GMT here here For bank trade ideas, check out eFX Plus
Jun 5, 2020 Read more

Japan's Suga says that relations with South Korea remain in a severe state

Japan and South Korea are continuing to fight on trade now that the coronavirus crisis is settling down For bank trade ideas, check out eFX Plus South Korea had earlier in the week sought to reopen a WTO complaint - which they halted back in November - against Japan on trade curbs over technology exports and that
Jun 5, 2020 Read more

UK May Halifax house prices -0.2% vs -0.6% m/m prior

Latest data released by Halifax - 5 June 2020 Housing market conditions remain a little benign at the moment given the drag from the virus outbreak, so the pace of recovery in the coming months will be the thing to watch out for in order to gauge sentiment. Halifax notes that:
Jun 5, 2020 Read more

USD/CAD stays pressured on the day close to its 200-day moving average

USD/CAD is keeping lower on a softer dollar amid the more positive risk mood For bank trade ideas, check out eFX Plus The pair is still flirting around its 200-day MA (blue line) @ 1.3464 as the risk rally extends, helping to keep the dollar weaker on the session.
Jun 5, 2020 Read more

European equities open higher to start the day

Firmer risk tones at the cash market open - Eurostoxx +0.9% - Germany DAX +1.1% - France CAC 40 +1.0% - UK FTSE +0.7% - Spain IBEX +1.4% For bank trade ideas, check out eFX Plus
Jun 5, 2020 Read more

Switzerland May foreign currency reserves CHF 816.3 billion vs CHF 799.9 billion prior

Latest data released by the SNB - 5 June 2020 Slight delay in the release by the source. Another jump in Swiss foreign reserves and alongside sight deposits data, it reaffirms that the SNB is continuing to intervene to limit the appreciation in the franc and they will be happy with the EUR/CHF trajectory over the
Jun 5, 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.