Forex News

Key information updates for profitable trading

Bank of America: time to sell stocks
Bank of America: time to sell stocks

BoA has tracked signs of the upcoming stock market sell-off. While more expensive and at-risk stocks are set to fall, value stocks should survive. 

AUD jumped on positive GDP
AUD jumped on positive GDP

Australian GDP rose by 3.1%, exceeding analysts’ forecasts of 2.5%. The Australian dollar climbed after the release, but then joined its peers in falling against the USD.

BTC: revival after huge sell-off
BTC: revival after huge sell-off

JPMorgan said that flows to Bitcoin funds are significantly weaker than in December. Should traders worry about that? Let’s find out.

Risk assets are starting  week on rise
Risk assets are starting week on rise

Risk assets are recovering after a losing streak in the previous week as progress in the extra US stimulus package improved the market sentiment.

Greatest bitcoin sale in a year!
Greatest bitcoin sale in a year!

Bitcoin has fallen enormously amid the wider sell-off in risk assets. The cryptocurrency plunged by nearly 20% this week, marking the largest drop since March.

Risk on is back on market
Risk on is back on market

The risk-on is back on the market as investors focus on the projections for a stronger-than-expected economic rebound and the Fed’s pledge to prolong support for the rest of the year.

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