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Dogecoin is set to rally up to 1000% in the current bullrun, according to analysts
Dogecoin is set to rally up to 1000% in the current bullrun, according to analysts

Dogecoin is set to rally up to 1000% in the current bullrun, according to analysts

176621   October 17, 2021 15:35   FXStreet   Market News  

  • Dogecoin millionaire adds 21,000 DOGE to his holdings, predicts big moves ahead for the memecoin.
  • Analysts predict a 500-1000% rally in DOGE price if it trades above $0.24.
  • The upcoming fee reduction and Dogecoin-Ethereum bridge are the two key upgrades in the DOGE ecosystem.

Dogecoin holders await a significant upgrade in the memecoin that is expected to drive a reduction in transaction fees. Analysts have predicted that DOGE price is ready to explode with a massive breakout. 

Dogecoin holders set sights on 500-1000% gains, await bullish breakout in DOGE 

Glauber Contessoto, popularly known as the Dogecoin millionaire, announced his recent purchase of $5000 worth of Dogecoin. Contessoto has predicted that

something big is going to happen with DOGE soon.

He urged traders to accumulate the memecoin.

Dogecoin has exceeded Bitcoin, Ripple, Ethereum and Cardano in year-to-date returns, offering over 4500% gains since the beginning of 2021. 

Dogecoin creator Billy Markus had stated that once DOGE nodes upgrade to 1.14.4, there will be a reduction in transaction fees on the Dogecoin network. Proponents expect fee reduction to boost DOGE utility and trigger a rally. 

Billy Markus was quoted as:

Run a node if you want, or not. If you want to contribute to helping the network, you will need to be dedicated to running a full, reliable node, using significant bandwidth, and keeping it up to date. But for 1.14.4’s success, existing node operators need to update.

Markus emphasized that if existing node operators updated to the 1.14.1 release, that would be enough for the network to lower its transaction fees, and there is no need for new nodes to join the network for the same outcome. 

The development team behind Dogecoin is working on the Dogecoin-Ethereum bridge. Development is underway; no launch date has been announced yet. 

Justin Bennet, cryptocurrency analyst and founder of Crypocademy HQ, shared his bullish outlook on DOGE. The analyst has predicted a 500-1000% increase in DOGE price. 

Bennet has predicted that once the DOGE price crosses $0.24, it is primed to climb 500-1000%. 

FXStreet analysts have evaluated DOGE price trend and predicted 70% gains once the price crosses $0.25. 

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XLM breaks out as Stellar makes strides in disrupting global remittances
XLM breaks out as Stellar makes strides in disrupting global remittances

XLM breaks out as Stellar makes strides in disrupting global remittances

176620   October 16, 2021 23:17   FXStreet   Market News  

  • Stellar collaborated with Visa for Techstars, leading the way to develop inclusive and sustainable financial systems. 
  • Canada’s stablecoin VCAD is being developed by Stablecorp and VersaBank on the Stellar blockchain. 
  • XLM competes with XRP for dominance in central bank digital currency market share. 

The Stellar Network has lined up several partnerships with central banks and institutions worldwide to develop CBDCs. The Network’s native token XLM competes with payments giant Ripple in the CBDC ecosystem. 

Analysts bullish on XLM with Stellar ecosystem’s partnerships and developments

The race to develop central bank digital currencies has intensified, and Stellar Network leads the way with a series of partnerships. Stellar’s blockchain network focuses on asset issuance and proposes features like adjustable settings for asset access, interoperability and features to reclaim balances from user accounts. 

Further, Stellar’s Consensus Protocol (SCP) involves KYC, making it an ideal blockchain network for stablecoin issuance. Stellar’s partnership with American payments giant MoneyGram has boosted XLM’s utility. 

Stellar Network invested in consumer credit product company Tala, one of the largest to date since launching the Enterprise Fund in the fiscal year 2020. The Stellar Network is focused on expanding its reach to four countries and millions of users. 

Stablecoins are conventional pegged to a government-issued currency and backed by assets, audited for compliance. However, Stablecorp and VersaBank’s collaboration with the Stellar blockchain innovates on the traditional use case. VersaBank directly issues VCAD and treats it the same way as bank deposit receipts. 

The Canadian stablecoin will be issued and minted on Stellar, offering fast transaction speed, near-zero transaction fees and inter-chain operability. 

With the rising utility of XLM, Stellar’s native token is likely to hit $3 based on cryptocurrency analyst @DLinkbull’s prediction. 

Pseudonymous cryptocurrency analyst @Pentosh1 considers that the volume of on-chain transactions and activity on the Stellar blockchain is rising. However, the analyst is hesitant to increase exposure to the Stellar blockchain. 

FXStreet analysts have evaluated XLM price and predicted 85% gains in the altcoin’s price. 

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US SEC approved first Bitcoin ETF could be the catalyst that sends BTC to $200,000
US SEC approved first Bitcoin ETF could be the catalyst that sends BTC to $200,000

US SEC approved first Bitcoin ETF could be the catalyst that sends BTC to $200,000

176619   October 16, 2021 21:33   FXStreet   Market News  

  • The overall cryptocurrency market capitalization has crossed $2.6 trillion following Bitcoin’s rally with the SEC’s approval.
  • The creator of Bitcoin Center NYC has set a year-end target of $100,000 for Bitcoin in ongoing bullrun.
  • In a landmark update on Bitcoin ETFs, the US Securities Exchange Commission approved the first futures-backed Bitcoin ETF.
  • Proponents expect BTC to hit $200,000 according to Raoul Pal’s end-of-year prediction. 

The ongoing rally of Bitcoin was fueled by the inflow of capital in BTC following the approval of ProShares ETF. The asset hit its highest point beyond $62,000, and analysts are bullish on BTC price. 

Bitcoin ETF triggers rally to $200,000 before the end of 2021

The first Bitcoin exchange-traded fund is set to start trading on Tuesday. This is set to make cryptocurrency available to a large number of traders. ProShares has laid the plans for the Bitcoin Strategy ETF. 

The SEC is likely to consider additional proposals for other funds, additional proposals made by Valkyrie Investments, Invesco and VanEck. Proponents expect the proposals to go through this time around, following the news of the approved Bitcoin ETF. 

The SEC reviews new proposals for 75 days, and if there are no objections from regulators, the fund is cleared for trading. 

Since the announcement of the Bitcoin ETF, MicroStrategy has emerged as one of the biggest beneficiaries of the SEC’s announcement. The overall value of the business intelligence company’s holdings has increased substantially since the price of Bitcoin is nearly two times MicroStrategy’s average cost per BTC. 

On September 12, the average price of MicroStrategy’s Bitcoin holdings was $27,713 per token. The company holds a total of 114,042 tokens. 

Nick Spanos, the creator of Bitcoin Center NYC, was recently quoted:

Bitcoin, ethereum and the broader crypto market are likely to have a ludicrously strong Q4, and I predict we will see new all-time highs across the board by 2022.

Spanos has predicted Bitcoin price will hit $100,000 before the end of 2021. Raoul Pal, entrepreneur, economist and investment strategist, has set a target of $200,000 for Bitcoin. 

FXStreet analysts have evaluated BTC prices and predicted that Bitcoin would invalidate all bearish theses since the price crossed $58,500. 

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Massive drop in Ethereum exchange reserves signals imminent supply shock, ETH eyes $8,000
Massive drop in Ethereum exchange reserves signals imminent supply shock, ETH eyes $8,000

Massive drop in Ethereum exchange reserves signals imminent supply shock, ETH eyes $8,000

176618   October 16, 2021 18:40   FXStreet   Market News  

  • Over 400,000 ETH was pulled out of Coinbase, dropping exchange reserves and driving a supply crisis.
  • Average Ethereum gas fees stay above $20 due to an increase in pressure from smart contracts on the network’s blockchain. 
  • Analysts who are bullish on Ethereum expect ETH price to cross $5000 in an upward climb. 

Institutional investors are bullish on Ethereum with rising capital inflow. Ethereum reserves across exchanges have dropped as outflow increases. 

Coinbase notes massive Ethereum exchange outflow

Coinbase noted a withdrawal of 400,000 Ethereum tokens, and according to community-driven crypto platform CryptoQuant, it is likely that the outflow was institutional activity. Analysts expect a bullish impact on ETH prices. 

400,000 Ethereum tokens are the equivalent of $1.5 billion, withdrawn from the second-largest cryptocurrency exchange. The exchange outflow indicator is considered a sign of increased outflow and a supply shortage in Ethereum. 

Ethereum Exchange Outflow.

Ethereum Exchange Outflow.

Ethereum has posted over nearly 20% gains in the past two weeks. 

Interestingly, there is a spike in whale activity on the Ethereum network. Over $188 million worth of Ethereum was moved between two anonymous cryptocurrency wallets in a single transaction. 

A mysterious whale initiated the transaction, and it was sent to an unknown recipient. The details of the transaction are as follows:

Whale activity on Ethereum network

Whale activity on the Ethereum Network.

With news of Bitcoin ETF getting approval by the Securities & Exchange Commission next week, experts are awaiting Ethereum’s turn. Analysts are of the opinion that following Bitcoin ETF approval, capital inflow to Ethereum and altcoins will increase. 

Simon Dedick, Managing Partner of Moonrock Capital, is bullish on Ethereum; he tweeted:

FXStreet analysts have evaluated the ETH price trend to analyze where altcoin is headed next. Analysts have set a target of $5200 for ETH price. 

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XRP is UK’s most popular crypto as analyst expect massive gains
XRP is UK’s most popular crypto as analyst expect massive gains

XRP is UK’s most popular crypto as analyst expect massive gains

176617   October 16, 2021 15:21   FXStreet   Market News  

  • In a recent report by the eToro trading platform, XRP emerged as the most popular cryptocurrency in Q3 2021.
  • Ripple has partnered with Digital Pound Foundation to support the creation of the UK’s central bank digital currency, the “Digital Pound Sterling.”
  • Analysts are bullish on XRP price, predicting a big move in altcoin within the next two days.

In the third quarter of this year, XRP became the number one cryptocurrency in the UK, according to social trading platform eToro. XRP holders are bullish on the proceedings in the SEC v. Ripple case. 

Analysts predict a big move in XRP, bullish on the new partnerships

eToro, the social trading platform, recently revealed that XRP is UK’s most popular cryptocurrency, followed by Cardano (ADA). Crypto traders in the UK have put more funds in XRP than any other crypto in Q3 2021. 

The year-on-year increase in XRP price is over 100%; despite higher gains in Bitcoin and Ethereum, traders held on to XRP for its volatility and risk-adjusted returns. 

Interestingly, XRP has witnessed a spike in retail and institutional adoption over the past few months. Ripple collaborated with the Digital Pound Foundation and prepared to work in line with the firm’s objectives to work with global banks and resolve issues related to CBDC development. 

XRP is engaging with centralized institutions for the development of CBDCs. After announcing its partnership with Bhutan’s Monetary Authority, Ripple works with the UK’s central bank for the “Digital Pound Sterling.”

Ripple has positioned itself to be a bridge in CBDC development. Nearly 80% of central banks are currently exploring CBDC development, and the Ripple network’s engagement with centralized institutions is expected to boost XRP’s utility. 

The world’s sixth-largest cryptocurrency started at $0.22 in 2021 and hit a high of $1.9 in April before further correction. 

Cryptocurrency analyst @Koolaid_crypto has predicted a big move in XRP price over the next two days. 

FXStreet analysts have evaluated the XRP price trend and predicted that the altcoin would skyrocket to $2 with a rise in trade volume. 

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What is upsetting the US consumer?

What is upsetting the US consumer?

176612   October 16, 2021 09:05   FXStreet   Market News  

  • Consumer Sentiment falls in October to 71.4, just above a decade low.
  • Retail Sales in September wallop expectations for the second month in a row.
  • Labor market is not the source of consumer discontent.

For three months American consumers have told surveys they are unhappy. Not just mildly upset but suffering an attack of pessimism not seen in a decade.  

In August, seemingly out of the blue, the Michigan Consumer Sentiment Index plunged to 70.3 from 81.2. For the previous five months consumer outlook had plateaued about 10 points above the pandemic low of 71.8 of April 2020. In September sentiment rose slightly to 72.8. In October it fell back to 71.4. 

Michigan Consumer Sentiment Index

FXStreet

Except for the pandemic collapse in the spring of last year of almost 30 points in two months, the August drop was the largest one-month decline since October 2008 at the height of the financial crisis. 

The last time the Michigan Index was as low as August was December 2011. The October score is below the pandemic bottom in April 2020.

Are US economic conditions that dismal?

Labor market

Whatever was annoying consumers in August, it wasn’t the labor market. 

Nonfarm Payroll hiring in June and July averaged over one million new positions each month. Job creation was the strongest since 7.7 million people were re-employed in May and June last year in the initial recovery from the lockdown debacle.

August’s slowdown to 366,000 looks bad in comparison to the 750,000 expected by economists. In reality, it isn’t that far from the 474,000 average of the last 12 months. A one month drop in job creation does not equate to a decade low in consumer outlook. 

Nonfarm Payrolls

FXStreet

Hiring may have fallen in August but it was not because the economy didn’t have employment. 

The Job Openings and Labor Turnover Survey (JOLTS) reported 10.4 million open positions in August, down slightly from the all time record of 11.1 million in July. 

JOLTS

FXStreet

Hiring fell because people did not seek the jobs on offer. Employers were desperate for help. 

For whatever reason, and there are several, people chose not to work. The lack of new reported jobs was, as an older paradigm might have it, a labor not a capital issue. 

If people choose not to work we can assume two facts. First they probably have enough money for necessities and life. Two, they are happy with their choice. 

Wages

The JOLTS data set successive records for the greatest numbers of open jobs for five straight months from March through July.

Labor shortages have prevented many businesses from operating efficiently or at full capacity, despite strong demand. One remedy, tried by myriad desperate firms across the country, is higher wages and bonuses. 

Annual Average Hourly Earnings have more than doubled in five months, from 1.9% in May to 4.6% in September. These increases are not the result of a statistical recovery based on a collapse in wages a year earlier. If anything the May to September 2021 data understates the increases since the average monthly gain in those months in 2020 was 5.2%. 

Average Hourly Earnings

FXStreet

Employers are paying more because they must. Employees are the beneficiaries. That is why 4.3 million people quit their jobs in August, a record, with the greatest number in accommodation and food service, according to the Bureau of Labor Statistics. Workers don’t leave employment in such numbers unless they are certain of finding new, and likely, better paying jobs.

Inflation

Consumers dislike inflation. Rising prices are a direct and immediate tax on income. Wages increase only at long intervals, household expenses can climb every shopping trip. 

The current bout of rising prices is just six months old. In March the annual Consumer Price Index (CPI) was 2.6%. Even though by September CPI had more than doubled to 5.4%, expectations for long-term inflation have emained subdued.  

Consumers no doubt hate paying 50% more for gas during the past several months, but that is probably not enough to change their whole economic outlook.

CPI

FXStreet

Retail Sales and Durable Goods

Were consumers truly worried about the future, their retail behavior should reflect that concern. Households might be expected to promote savings over spending, restrict discretionary purchases and forgo large expenditures.  

This has not happened. 

Retail sales rose 0.9% in August and 0.7% in September, belying the dour predictions for declines of 0.8% and 0.2% respectively. 

Purchases of Durable Goods, long-lasting big ticket items, rose 1.8% in August, more than twice the 0.7% forecast and three times the 0.5% July increase. Americans have not been deterred from large financial commitments. The September goods figures will be released on october 27.

Durable Goods

FXStreet

Conclusion

Consumer sentiment, normally a reliable indicator to consumer spending, seems to have lost its guidance. 

The disconnect is striking. Americans are unhappy. Sentiment has plumbed a decade low for three straight months. Naturally enough analysts took those feelings and extrapolated a reflective decline in consumer behavior, that is, a substantial decline in retail sales. Economic logic argues that if consumers are worried they should begin to pull back on consumption in preparation for difficult conditions ahead. 

This did not happen. Retail Sales were far worse in July at -1.1%, with a much higher sentiment index, than in August and September. When consumer outlook plunged, sales rebounded.

Consumer sentiment was designed and has always been seen as an economic measurement. When viewed against a stable political and cultural background that has been accurate. 

The current American scene is far from stable. By most measures political and cultural polarization is at an all-time high. Many Americans seem to have moved from disagreement with their neighbors to active dislike and even distrust. 

Perhaps the Michigan Index is registering unhappiness with something other than the economy.

Have these unexpressed emotions begun to seep over into polls of economic welfare? By most objective measures the economy is quite good for workers.

The next few months will tell if the separation between economic sentiment and reality is speculative or permanent. 

One thing is certain, there is no shortage of unnerving developments.  A glance at the headlines suffices. 

Full Article

Solana readies for blastoff to $265

Solana readies for blastoff to $265

176610   October 16, 2021 08:02   FXStreet   Market News  

  • Solana price consistently displayed the potential for a sell-off over the past few weeks.
  • Buyers step in to support price and look to continue one of the biggest cryptocurrency rallies of 2021.
  • Ideal breakout conditions ahead.

Solana price remains inside the Ichimoku Cloud but continues to press against near-term resistance. Sellers have been unable to push Solana lower. It’s as if Solana is magnetized to the top of the Cloud. Almost zero time is spent with any meaningful distance between the close and the daily Senkou Span A.

Solana price awaits a $160 entry before jumping to $265

Solana price action on the Point and Figure chart image below may look bearish at first glance. However, it’s technically in a bullish continuation pattern known as a Pole Pattern. The Pole Pattern entry off the current O-column is at $160. The entry is vital because it is the first re-entry since the prior X-column broke above the dominant uptrend angle. The first bullish entry after the first pullback is often intense and can be sustained for quite some time.

As buyers begin to take over, sellers will continue to look for short opportunities. Bears will want to observe the initial entry at $160 and any weakness from the initial entry. The black trendline on the Point and Figure chart shows where bears could easily take over and create a very probably flash crash even after catching so many buyers in a bull trap.

SOL/USDT $5.00/3-box reversal Point and Figure Chart

While momentum currently favors buyers, bulls should not be complacent. The price structure on the Solana price Point and Figure chart is one where any complacency could trigger a massive sell-off. Watch specifically if there is any close below the $125 level as it could accelerate losses.

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United States CFTC Oil NC Net Positions climbed from previous 398.3K to 404.8K
United States CFTC Oil NC Net Positions climbed from previous 398.3K to 404.8K

United States CFTC Oil NC Net Positions climbed from previous 398.3K to 404.8K

176609   October 16, 2021 07:35   FXStreet   Market News  

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

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United States CFTC S&P 500 NC Net Positions rose from previous $72.8K to $98.8K
United States CFTC S&P 500 NC Net Positions rose from previous $72.8K to $98.8K

United States CFTC S&P 500 NC Net Positions rose from previous $72.8K to $98.8K

176608   October 16, 2021 07:33   FXStreet   Market News  

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.




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European Monetary Union CFTC EUR NC Net Positions rose from previous €-22.3K to €-18.4K
European Monetary Union CFTC EUR NC Net Positions rose from previous €-22.3K to €-18.4K

European Monetary Union CFTC EUR NC Net Positions rose from previous €-22.3K to €-18.4K

176607   October 16, 2021 07:33   FXStreet   Market News  

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.




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United Kingdom CFTC GBP NC Net Positions increased to £-12K from previous £-20K
United Kingdom CFTC GBP NC Net Positions increased to £-12K from previous £-20K

United Kingdom CFTC GBP NC Net Positions increased to £-12K from previous £-20K

176606   October 16, 2021 07:29   FXStreet   Market News  

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.




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Australia CFTC AUD NC Net Positions: $-87.6K  vs $-90K
Australia CFTC AUD NC Net Positions: $-87.6K vs $-90K

Australia CFTC AUD NC Net Positions: $-87.6K vs $-90K

176605   October 16, 2021 07:29   FXStreet   Market News  

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.




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