Market Brief February 23rd: German GDP today


Germany EUR, 07:00 a.m. GMT, German GDP (QoQ) (Q4) –gross domestic product for the main driver of the EU economy is here. We’ll be getting results for the 4th quarter of 2017. Projections are for a small decrease at 0.6% compared to 0.8% from the third quarter. If the actual reading is higher than expected,

Cryptocurrencies and Forex Analysis February 21st: Temporary bullishness in the U.S. dollar


EURUSD, Daily timeframe Bias: Uptrend On Tuesday, the euro dollar continued to retrace. The pair fell another 72 pips and traded around 1.2330. Since this movement is against the established trend, we’d have to wait for specific levels to be reached. The scenarios we’re monitoring are: Scenario 1: Price continues to drop until it reaches

Market Brief February 21st: FOMC meeting today


Bitcoin Amid talks of regulation, crytpocurrencies are on the rise again. Bitcoin has been rallying again. This week the digital currency traded at $11,500 in the late Tuesday hours. Only seven days ago, Bitcoin was at $8,000. Ether has been a bit slower but performs in a relatively similar way with bullish price action. Germany

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