Sunday, 23rd November 2014

Ukraine GDP may decrease with 4.5% in 2015

The pessimistic scenario in the budget of Ukraine for 2015 provides for a reduction of the gross domestic product (GDP) by 4.5% and inflation accelerating to 13.4%. This is recorded in the version of the budget for next year that Finance Ministry has presented talks to the mission of the International Monetary Fund (IMF). The […]

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Gold Remains Range-Bound

The XAU/USD pair ended the day up nearly 1% as the dollar took a breather from its recent rally. In the latest economic data, Markit's manufacturing index came in at 54.7, down from the previous month's 55.9 and below expectations for a reading of 56.2.

EUR/USD Continues to Grind Sideways

The EUR/USD pair continues to grind sideways and just above the 1.25 handle. The session on Thursday showed more sideways action, and I believe that we are trying to build up enough downward momentum to take advantage of the strength in the US dollar and push this pair much lower.

USD/JPY Continues to Show Strength

The USD/JPY pair continues to show strength even though we had a little bit of a neutral candle for the session on Thursday. After all, even though we are slowing down, it does in fact look like there are going to be buyers below.

Successful Trades: AUD/USD & GBP/USD

According to the analyses of the AUD/USD and GBP/USD, trader profited on a binary options platform. See how here for November 20, 2014.

Bitcoin Down But Blockstream May Help

A group of billionaires have recently taken an active interest in developing the Bitcoin marketplace and Bitcoin technology. They already invested close to $21 million in the blockchain technology called Blockstream.