Turkey's ban on Cryptocurrencies Sparks Bitcoin Sell-off
The central bank of Turkey has banned the use of cryptocurrencies and cryptoassets to buy goods and services, citing potential “irreparable” harm and significant transaction risks. The move led to...
Falling Yields Open Opportunity to Short Gold
The most notable move in asset markets this week wascollapse of the US yields. The 10-year Treasury yield, which has exploded sincethe start of the year on accelerating inflation expectations, tumbled...
FOMO Friday: NZDUSD Breaks Higher
NZD Takes the Lead in FX Once again, the week winds down to a close and its either a case of counting your winnings or regretting your losses. It’s been an interesting week in terms of news and data...
US Retail Sales Soar & Jobless Claims Fall
USD Selling PausesThe US Dollar paused in its decline yesterday as the latest Retail Sales data showed that consumer spending jumped far above expectations in March, rising to ten-month highs. The...
Powell Sends USD Lower With Dovish Comments
Powell Sticks to Views on Rates The US Dollar remains under pressure over the early European session on Monday, extending the week’s declines, in response to comments from Fed chairman Jerome Powell...
Shale oil is Slow to Recover Removing on the Key Caps for oil Price Growth
The data on US crude oil inventories has brought noticeable relief to the market, once again hinting on lack of shale oil output rebound, despite warming weather and strengthening demand. Inventories...
The Crude Chronicles - Episode 80
Crude Traders Cut Longs Last Week The latest CFTC COT institutional positioning report shows that oil traders reduced their net long positions last week. Crude upside bets were cut by a further 19,585...
Markets are not Afraid of US Inflation Risks
Summary:Markets reaction to US inflation report was rather restrained, which came as a big surprise and has medium-term implications for USD;The basis of bearish pressure in GBPUSD is largely...
JPY Rises As Kuroda Warns of Downside Risks
Cautiously Optimistic Speaking at a parliamentary conference overnight, the governor of the Bank of Japan, Haruhiko Kuroda, told Japanese MPs that he was cautiously optimistic on the domestic economic...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.