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USD Slide Pauses – Anna Coulling

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Recent sharp falls in the USD appear to have paused with the currency of first reserve now finding some support at the 90 price region on the DXY index. But any break through here would see the USD tumble down to test 85, and perhaps even 80, two significant levels that have played an important part in previous technical price action, stretching as far back as 1987.

EUR/USD Posts 3 Year Highs – But What’s Really Going On?

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MARKET INVESTOR – ❤️❤️❤️❤️❤️ EUR/USD Posts 3 Year Highs – But What’s Really Going On? — The EUR/USD took out three-year highs today is early European trade hitting 1.2136 before finally settling down a bit.

The 2018 Stock Market Bubble Vs. Gold And Silver

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Market Investor – The 2018 Stock Market Bubble Vs. Gold And Silver – The U.S. Stock Market is reaching its biggest bubble in history. When the price of the Dow Jones Index only moves in one direction… UP, it is setting up for one heck of a crash. While market corrections aren’t fun for investors’ portfolios, they are NECESSARY. However, it seems that corrections are no longer allowed to take place because if they did, then the tremendous leverage in the market might turn a normal correction into panic selling and a meltdown on the exchanges.

It’s Been a Rough Week for Cryptocurrencies

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It’s Been a Rough Week for Cryptocurrencies — Major cryptocurrencies including Bitcoin, Ethereum and Ripple came under intense selling pressure Thursday, following reports that South Korea could be preparing to ban all cryptocurrency trading.

South Korea Plans to Ban Cryptocurrency Trading, Rattles Market

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The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion.

World Bank says Indian Economy to Grow by 7.3% in 2018-19

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World Bank says Indian Economy to Grow by 7.3% in 2018-19 — The World Bank is estimating India’s economy to grow by 6.7 per cent during the current fiscal year, higher than the 6.5 per cent estimate by the Indian government. The Gross Domestic Product (GDP) growth is expected to rise to 7.3 per cent in 2018-19, making India again the world’s fastest growing economy, according to the World Bank’s Global Economic Prospects report released on Tuesday. The report dropped the growth estimate for 2017-18 by 0.1 per cent from its projection June 2017, because of the disruptions to the economy from the Goods and Services Tax (GST).

Bitcoin Drops as South Korea Says Exchange Closures Are Possible

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Bitcoin Drops as South Korea

Gold Silver Reports – Bitcoin resumed its tumble on Thursday after South Korea said it was eyeing options including a potential shutdown of at least some cryptocurrency exchanges to stamp out a frenzy of speculation.

Dollar Gains, Stocks Views Mixed in Pre-Holiday Trading

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Dollar Gains, Stocks Views Mixed in Pre-Holiday Trading – The dollar advanced and U.S. equities were mixed in the last trading session before Christmas, while bitcoin plunged at the close of a tumultuous week for cryptocurrencies.

30 फीसद गिरा बिटक्वाइन, भारी मुनाफा दिलाने के बाद अचानक गिरे दाम

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Bitcoin Drops as South Korea

लंदन। इस महीने की शुरुआत में जोरदार उछाल के साथ निवेशकों को कमाई कराने वाले बिटकॉइन की कीमतों में अचानक तेज गिरावट आई है। इस सप्ताह में बिटक्वाइन के रेट में 30 फीसद तक गिरावट देखने को मिली है। एक रिपोर्ट के अनुसार, अकेले शुक्रवार को ही 15 फीसदी तक रेट घट गए हैं।

China Copper Output Soars Around 10% On Year In October

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Chinas refined copper production in November soared nearly 10% from the same time last year to 786,000 tonnes – the highest rate in at least three years data from the National Bureau of Statistics showed yesterday. For the January – November period this year production is up 6.8%. Shipments of copper concentrate in October increased slightly from last year to total 1.78m tonnes in November, a new monthly record and up nearly 30% from last month. All in all, these figures are ensuring that the availability of the red metal is sufficient in the worlds second largest economy which consumes around 50% of the red metal.

BANK NIFTY UPDATES — December 15, 2017

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BANK NIFTY UPDATES

Hurdle /Target…..25386…..crossover with volumes will take to 25488-25522+++

25507 is LAXMANREKHA for Traders
Crossover and close will take to 25714-25783

अमेरिका में फेडरल रिजर्व ने ब्याज दरें 0.25 फीसदी बढ़ा दी है।

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अमेरिका में फेडरल रिजर्व ने ब्याज दरें 0.25 फीसदी बढ़ा दी है। हालांकि इस बढ़ोतरी के बाद डॉलर में गिरावट आई है और ऐसे में सोना पिछले 4.5 महीने के निचले स्तर से संभलता दिखा है। ग्लोबल मार्केट में सोने में आज 1255 डॉलर के ऊपर कारोबार हो रहा है। कल सोना 1240 डॉलर तक लुढ़क गया था। गौर करने वाली बात ये है कि फेड ने अगले साल भी तीन बार दरें बढ़ाने का संकेत दिया है। इसके बावजूद डॉलर में दबाव है। इस बीच चांदी में भी निचले स्तर से रिकवरी आई है।

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