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Singapore Fires Compliance Warning at 8 Crypto Exchanges, Orders an ICO to Halt Sales

Singapore’s central bank sends eight unnamed crypto exchanges warnings about trading unregulated securities The post Singapore Fires Compliance Warning at 8 Crypto Exchanges, Orders an ICO to Halt Sales appeared first on

USD/CAD – Canadian Dollar Dips as Trump Threatens Tariffs

The Canadian dollar continues to head lower and has posted considerable losses in the Thursday session. Currently, USD/CAD is trading at 1.2905, up 0.55% on the day. On the release front, Canadian Corporate Profits rebounded in the first quarter with a strong gain of 2.7%. In the US, unemployment claims jumped to 234 thousand, its […]

Trump calls off summit with Kim Jong-Un; Gold spikes, USD/JPY tumble

The White House released a letter from the US President Donald Trump to North Korean leader Kim Jong-Un, calling off the historic summit planned on June 12 in Singapore. Key points:    •  Says inappropriate at this point to have a summit.    •  Says he looks very much forward to meeting Kim someday.   […]

EUR/USD positive above 1.1820 – Scotiabank

FX Strategists at Scotiabank remain neutral on spot although a breakout of 1.1820 could shift the stance to neutral. Key Quotes “The best that can be said for the EUR at the moment is that the charts suggest the EUR sell off has moderated (via a potential inside range day)”. “Short-term gains through 1.1715/20 will, […]

France: Business confidence indicators confirm weak PMIs – ING

French business confidence was stable in most sectors in May, but sentiment in the service sector declined sharply which tipped overall confidence into negative territory, explains Julien Manceaux, Senior Economist at ING. Key Quotes “The Purchasing Managers surveys in May showed a sharp slow down in service sector activity, with the index reaching 54.3, its […]

Cryptocurrency Exchange Verification Is Getting Weird

Back in the day, before cryptocurrency was worth anything, an email address and a password was all you needed to login to an exchange. Then came 2FA, using email verification or Google Authenticator. Then came the third generation of secure sign-in methods, and that’s when things started getting weird. Also read: Darknet Market Rapture Has Been […]

GBPUSD, looking bearish

GBPUSD, looking bearish British Pound/U.S. Dollar FX:GBPUSD krisarmitage Awaiting a minor pullback before we see further bearish action possibly, we have broken through trendline and EMA 200, we may see pullback to the green area which will coincide with the 200 EMA then long term downside to 1.30 area?