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GLOBAL_TRADING_ACADEMY Updated 

Caucasus conflict has provided a fresh fuel for USDTRY rally. Is Turkey on the brink of the currency crisis? The Turkish lira has been under pressure for a long while. Monetary expansion aimed at restoring growth has backfired and capital outflows led to depleted official reserves. Fearing the worst, the central bank raised rates by 2 percentage points last week...

GLOBAL_TRADING_ACADEMY Updated 

The U.S. Presidential Election is three weeks away and investors are finally beginning to feel the jitters. Stocks sold off for the second day in a row, driving currencies lower in the process. This will be the most dramatic presidential race in recent history and, while most polls show Joe Biden in the lead, investors have grown leery of trusting the polls after...

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Ebury - the number 2 ranked EUR/USD forecaster on Bloomberg - have said the biggest risk to markets is not necessarily with which candidate emerges as president, but whether or not the vote is contested. The prospect of an uncertain vote would reside with a close outcome or a pivotal recount. However, scenario modelling by FiveThirtyEight suggests the likelihood...

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Precious metals are the best performing asset class today with gains ranging from 1% to over 2%. The US dollar weakness can be named as the primary cause behind today's rally with US currency being the top laggard among majors today. Upcoming US presidential election and Brexit Deal dilemma can keep the demand for precious metal higher. We already broke 1915$...

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Cryptocurrency market started this week in slightly negative moods following news that the CFTC accused four founders and executives of BitMEX, one of the world's largest cryptocurrency derivatives exchanges, of evading rules designed to stop money laundering. Also President Trump’s decision to halt stimulus talks until after the November’s election affected the...

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Ethereum - more and more applications across a broad range of services and industries! Ether (ETH) is the second-largest cryptocurrency by market value, it is a decentralized open source blockchain featuring smart contract functionality. The demand on the Ethereum network has surged in recent months resulting in it slowing to a crawl as transaction fees...

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The shares of chipmaker Advanced Micro Devices (AMD) reached all-time high of $94.28 on September 2. The equity recently plunged to pressure at its previously supportive moving average, down 10.1%. Investors shouldn't be discouraged just yet, though, especially considering a bullish trendline has just emerged. And if history is any indicator, it could send the...

GLOBAL_TRADING_ACADEMY Updated 

The single currency has appreciated considerably since its March lows making euro zone goods more expensive for the rest of the world and dampening price pressure from imported goods. While the majority of analysts don’t expect much policy action and think the ECB will wait until December, there is a remote chance of tweaks to its guidance this week, backed by new...

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What is Swipe? Swipe has developed a debit card and wallet platform that gives users access to spend various cryptocurrencies in fiat currencies on-demand. Swipe aims to make crypto finance mainstream by connecting existing payment networks to cryptocurrencies. Swipe allows users to deposit crypto into their Swipe Wallets, which give instant access to spend those...

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Currently there is a huge stimulus that the U.S. government and the Federal Reserve is providing markets and businesses in an attempt to offset the economic damage caused by the coronavirus pandemic. The moment the liquidity flood ends investors will feel an urgency to realign their portfolios substantially. The idea behind Bitcoin in which it can't be undermined...