Weekly Cryptonews
Bitcoin could not resist the $10,924 level and fell below the 50-day SMA on Tuesday.
The new stimulus for the euro? Mario Draghi sent EUR/USD lower on the dovish hints.
During today’s speech, the ECB President Mario Draghi made remarks on using a rate cut as a primary tool for an economic stimulus.
On the H4, EUR/USD fell to the support at 1.1179 during the European trading hours. At the moment, the pair is correcting to the upside. The first resistance is placed at 1.1211. If the positive momentum is short-lived, the pair will break the 1.1179 level and try to test the support at 1.1165.
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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
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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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