Weekly Cryptonews
Bitcoin could not resist the $10,924 level and fell below the 50-day SMA on Tuesday.
Positive news from the US-China trade front is moving the aussie
The Australian dollar gained on the news that China considers buying more agricultural goods from the US. On H4, AUD/USD has risen higher above the 0.7022 level and is currently targeting the resistance at 0.7047. The next key level for bulls will lie at 0.7061. If the rise is limited, the pair will fall to the 0.7011 level. The next support will lie at 0.7.
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The CAD falls on the weaker-than-expected retail figures
The level of retail sales released today came out lower than the forecasts.
Market updates on July 19
Will Friday be more optimistic for the USD?
Latest news
British inflation tacks on for the first time this year
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
Evergreen buck heads north
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
Gold ascends on Brexit jitters
On Tuesday, gold rallied because uncertainty over the latest developments in Britain’s departure from the EU backed safe haven demand and traders looked ahead for American inflation data to underpin the Fed’s pledge to remain on hold…
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