Mar 122018
 
Forex improves, NRZ is on track

The forex market clearing price, balancing the demand for and supply of the greenback is not a forward price. It is interesting that last week Mnangagwa, in an interview with a foreign paper, revealed that of the US$3 billion that was externalised mostly by companies between 2015 and 2017, US$815 …
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Potential Ending diagonal on DAX Suggests More Weakness

German Dax can be trading in a three-wave reversal from the lows, which can see limited upside near the 12407/12480 region. Also, we see the current rally from 11966 level quite overlapping, which gives us thinking that maybe an EW ending diagonal is in progress within wave C), which could …
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A Rally on S&P 500's 9th Anniversary of Bull Trend, Stubborn Dollar Range

The volleys in a global trade war will inevitably impact the most heavily used currency in the world – especially when it is as the center of its unfolding – but like risk assets, there is reason to await clarity on how the engagement will shape up. In the meantime, there are other themes that could readily jostle …
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Venezuelan government is providing a free cryptocurrency training course for citizens

The Venezuelan government is now offering a course to teach citizens how to buy, sell and mine cryptocurrencies, the course will also cover all to know about the nation's new oil-back currency, Petro. The training centre is based in its capital city, Caracas, according to local television, Telesur TV.
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