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Posts published in “Forex news”

Whatever You Say, Jamie! JPMorgan CEO Will ‘Stop Talking About Bitcoin’

Jamie Dimon has said he will not talk about Bitcoin anymore as JPMorgan’s CFO says it is “open-minded” to cryptocurrency.

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Bitcoin Price Rockets Past $5000 to New All-Time High

Bitcoin price soared past the $5,000 mark today, reaching a current all time high of $5,188 on the GDAX exchange. Bitcoin&8217s price rocketed through the psychological $5,000 barrier, reaching an all time high, at the time of writing of $5,188. Relative strength technical indicators do show that the currency has been overbought now for three days, however, the price shows no sign of stopping. With recent speculation by investors of $10,000 bitcoin in six tonRead MorenThe post Bitcoin Price

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Forex technical analysis: USDCHF rallies off swing low level. Tests key MA resistance

The 200  and 100 hour MAs being tested.
The USDCHF bottomed at the last lows from October 4. That was a double bottom at 0.9710 area. The low today reached 0.97109.  Call it a triple bottom now. Traders who leaned against the low were rewarde...

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4 Misconceptions Cleared up by the Bitcoin Gold Team

TheMerkle Bitcoin Gold MisconceptionsThe Bitcoin Gold hard fork has caused a lot of confusion and controversy over the past few weeks. Considering that this will be yet another airdrop issued to Bitcoin holders, a lot of people will be looking to claim their free BTG balances first and foremost. However, the Bitcoin Gold team recently took it upon themselves to clear up some of the misconceptions about their project. Below are some of the main points they addressed in a document released Tuesday. 4. The Correct Fork Date Over the past few weeks, we have seen conflicting reports regarding the actual Bitcoin Gold fork date. At first, it was scheduled to

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Japan US Trade Talks Scheduled for Next Week

Japanese Deputy Prime Minister Taro Aso and U.S. Vice President Mike Pence are likely to be at odds next week over U.S. calls to launch negotiations for a bilateral free trade agreement, Japanese government officials said Wednesday. A second round of the high-level economic dialogue, slated for Monday in Washington, comes as the United States […]

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Gold Lower After US PPI Rose in September

Gold prices ticked down as producer inflation pressures in the U.S. met expectations for September. Producer Price Index (PPI) rose 0.4% last month following an increase of 0.2% in August, the U.S. Labor Department said on Thursday. According to consensus forecasts, economists were expecting to an increase of 0.4%. The annual PPI advanced to 2.6% […]

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