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Forex and Cryptocurrency Forecast by NordFX. May 20-24, 2019
U.S. Sanction Trap For Russian Rouble
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BTC Market Will Set New Highs In 2020
U.S. Unemployment Rate Drops To Nearly 50-Year Low
Six main components of Alpha Bonus from FortFS
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Foreign exchange market
Experts Predict Bitcoin Move Above $10K
Mon, 26 Mar 2018 02:10:00 +0000
There were some other news affecting the BTC exchange rate, including the SEC’s investigation into dozens of ICOs, as well as the Bank of Japan’s warning to Binance about the necessity of getting a license if the exchange still wants to work in this country, and so much more.
At the same time, NordFX experts report that all of those news made Bitcoin go flat, not to mention the reduced amount of sell offers. All of that can be seen as the rise of the bullish sentiment in the market.
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Forex and Cryptocurrency Forecast by NordFX. May 20-24, 2019
Roman Boutko, an analyst for NordFX, has come up with another consensus forecast for the forex and cryptocurrency markets for the forthcoming trading week starting on May 20, 2019.
U.S. Sanction Trap For Russian Rouble
It's not a secret that the amount of sanctions against Russia has been growing over the last few years. At the same time, experts are losing faith in the stability of the Russian Rouble. Washington is discussing more and more variants to impose even more sanctions on Russia to undermine its economy and national currency.
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BTC Market Will Set New Highs In 2020
Tom Lee, Chief Analyst for Fundstrat Global Advisors, has recently shared his optimistic view on the future of Bitcoin (BTC). In early May, he said that the BTC exchange rate is undervalued and, given some fundamental factors, it should be somewhere around 14K dollars per coin. At this point, he thinks that the current all-time highs may well be renewed this year. This means BTC prices above $20K per coin and market cap well over 830 billion dollars within the next 20 months.
U.S. Unemployment Rate Drops To Nearly 50-Year Low
The U.S. Department of Labor has released another unemployment reports. For the first time in over 49 years, the unemployment rate dropped all the way down to 3,9%. For the most part, this has to do with a considerable decline in the economically active population.
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Bitcoin Reaches 5-Month High
The cryptocurrency has been maintaining a stable bullish trend. over the last few days, the market cap has exceeded 185 billion dollars. According to CoinMarketCap, the market cap used to be 179 billion dollars on Tuesday. Over the last few days, the cost of all the cryptocurrencies circulating in the global market has grow considerably.
ETH's At Local Highs: What's In For Ethereum And ICO?
Ethereum is back in the game! It's currently trading around 5-month lows. Still, the market seems to be showing some confidence that the coin has already overcome its existential crisis and managed to recover from crisis that started after the ICO bubble burst in 2018. Will ETH and ICO revive?
NordFX Shares Another Forex and Cryptocurrency Forecast for Mid-April 2019
Weekly Forex and Crypto Prediction by NordFX. Mid-April 2019
Any exchange rate between any two currencies is the result of multiple factors affecting the currency pair at any given moment. At the same time, those exchange rates themselves are actually capable of affecting other processes important to specific countries and even the entire world.
