Month: May 2019

Asiff Hirji to leave the largest US exchange Bitcoin has been on fire in the past two weeks but all wasn’t well at Coinbase. Chief Operating Officer and President Asiff Hirji decided to leave after just 18 months at the exchange. He joined Coinbase from Andreessen Horowitz, where he was a partner and after terms
Tests the 1.0000 level The USDCHF is trading to new session lows. The low was 1.0007 reached on May 27. The low just reached 1.00005 (a smidgen above the parity level).   On a break of the parity level, the next major targets on the daily chart come in at 0.99699 where the 38.2% of the
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
The April 2019 personal income and spending report: Prior was +1.6% (revised to +1.5%) PCE core m/m +0.2% vs +0.2% expected Prior m/m 0.0% (revised to +0.1%) Deflator +1.5% y/y vs +1.6% expected Prior deflator +1.5% y/y (revised to +1.4%) Deflator m/m+0.3% vs +0.3% expected Prior m/m +0.2% The tone is generally soft but not
Solid start for equities The S&P 500 is up 11 points to 2794 shortly after the open. The index briefly fell below the 200-day moving average yesterday but closed back above the late-March lows in a turnaround that has continued today. Trump is talking up a better tone on trade talks with China and that’s
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