The oil sector is trying to cope with various problems. At the one hand, is the ongoing trade war between the U.S. and China, which affected the oil prices and oil industry. On the other hand, is the global economic problems as the economy is slowing down. Another problem is the regional tensions in the Middle East as well as other regions. All of these problems...
The oil sector is one of the most important sectors when it comes to the stability of the global economy. Military conflicts, trade disputes, and regional tensions all can affect the oil prices and oil industry in general. It means that the oil sector in any country is susceptible to internal and external threats. At the moment, one of the biggest problems for...
Hey traders! Below are the latest forex chart updates for Tuesday’s sessions. Learn from the provided analysis and apply the recommended positions to your next move. Good day and Good Luck! USD/ZAR The pair failed to breakout from a major resistance line, sending the pair lower towards a key support line. South African Rand is flat in today’s trading session as...
Make no mistake; technology markets make the world go around. Or at least, they make it more exciting. How? Just check out these technology trends you should be watching. At the same time, you may want to check out the companies that develop such technological advances. Spoiler: Stark Industries not in the list! AI/AR: Go After Tech Stocks! These technologies...
The cryptocurrency market is developing as it offers a number of advantages which are unavailable to traditional currencies. One of the most significant benefits of digital currencies are not under the control of the central banks. It means that this market is decentralized which makes it more attractive for the investors. Another advantage is that even though it...
UK Currency: The sterling came close to its weakest against the USD in more than two years on Tuesday. The weakening was amid increasing uncertainty as British lawmakers prepared to vote on the first stage to block Boris Johnson from pursuing a no-deal Brexit. Johnson’s rivals will put forward a vote that would enable them to the clutch control of the...
The unionized workers of Hyundai Motor Co. in South Korea on Monday voted to accept the lowest bonus given in almost two decades. And this was due to the widespread restructuring in the auto industry and the harmful trade war with Japan. On Tuesday, Hyundai announced the approval. And the firm successfully avoided a walkout by workers for the very first time in...
There is another good news for people who own digital currencies or are planning to buy Bitcoin’s price. The price of the number one cryptocurrency increased on Tuesday. Bitcoin’s price surpassed $10,000 level which is often regarded as a key psychological level. It means that when the price is above that level this makes Bitcoin more attractive to the crypto...
The cryptocurrency market is growing very fast. At the moment, there are more than 1,000 cryptocurrencies in the world. Some of them are well-known while others are relatively unknown for the crypto community. It is not surprising as the market is evolving every day. A person should devote a considerable amount of time to learn more about the latest trends. One...
The price of Brent crude dropped by 23 cents or 0.4% to $60.85 a barrel. Moreover, the price of West Texas Intermediate (WTI) crude futures also fell by 40 cents or 0.7% to $56.31 a barrel. However, the price of Brent crude still managed to increase to achieve the best weekly gain since early July. The WTI crude futures price increased by 4% since the beginning of...
Sometimes, new and shiny iPhones, to the dismay of their owners, fall down and break, other days, old but sturdy ones need repairing. As we all know, getting your iPhone mended takes an exceptional effort. The main reason is you have to search for a place where you can repair it. Sometimes, the official iPhone parts cost as much as the new phone itself. Sometimes...
Samsung Group will finally determine on Thursday, the future of its de facto leader. South Korea’s Supreme Court will eventually rule whether to push the bribery conviction of Jay Y. Lee. Previously, he was in involved in a scandal, which unseated the president and trained public ire on corporate untouchables. Aside from that, the ruling for Lee will reveal how...
Bitcoin’s price fell on Thursday. Bitcoin is the biggest cryptocurrency when it comes to market capitalization. It means that current and potential Bitcoin owners pay more attention to this digital currency. It makes sense, as Bitcoin is not only the biggest but is one of the best-known cryptocurrencies on the market. Bitcoin’s price decreased by 5%. It is worth...
The price of major cryptocurrencies such as Bitcoin fell on Tuesday. Yesterday, on August 26 the price of Bitcoin increased and at some point even surpassed the $10,400 level. It continued its rise to the top when Bitcoin’s price reached more than $10,500. However, it was unable to increase its price and Bitcoin experienced problems. At the moment, the price...
On Monday, Bitcoin’s price increased, and at some point, it even reached more than $10,500 per Bitcoin. This happened as Bitcoin enjoyed strong support during the early morning on Monday. The price of the biggest cryptocurrency in terms of market capitalization managed to recover from less than $10,000 to more than $10,660. It is worth mentioning that the price...
The price of Bitcoin surpassed $10,000. For the last couple of days, Bitcoin struggled to overcome this level. However, at the moment the price of Bitcoin is $10,207. There is a chance that Bitcoin will continue its journey to the top. Bitcoin’s price reduced to less than $10,000 during the past several days. It worth mentioning that Cryptocurrencies play an...
FX News – After some cautious trading on Wednesday, the dollar is now hovering near three-week highs. Focus still remains on the Jackson Hole meeting this coming weekend. The Federal Reserve slashed rates last month, the first time since 2008. According to Fed Chairman Jerome Powell, the move was a “mid-cycle adjustment.” Forex markets are betting on further...
For the last several days, the most prominent cryptocurrency in the world in terms of market capitalization continues to experience problems. Yesterday on August 21, the price of Bitcoin fell to less than $10,000. This happened after it lost support at $10,250 against the U.S. dollar. However, the troubles of Bitcoin did not end there, and price continued to...