benton

benton

Cryptocurrencies rise on Trump victory

Donald Trump’s historic victory in the 2016 US presidential elections predictably and immediately hammered the value of the dollar on foreign currency exchange markets. But, for cryptocurrencies, the news had an equal and opposite effect. Coindesk reports the value of Bitcoin started rising…

The Morning After: Wednesday, November 9, 2016

It’s the middle of the week, and (aside from other news) scientists think they’ve found where consciousness resides in our brains, Amazon might start cleaning your house (for a fee), and Nintendo’s new 3DS will get a substantial price cut…

Trade Idea Update: EUR/USD – Stand aside

Although the single currency rallied from 1.0989 to 1.1300 on dollar’s broad-based weakness, current sharp retreat from 1.1300 suggests consolidation would be seen and downside risk has increased for weakness to 1.1025-30, however, reckon downside would be limited to 1.1000…