British Pound tumbled and dropped almost 200 pips. The dovish comment from the Bank of England regarding the future rate increases disappointed the traders. The British Pound fell quickly and […]
GoPro Stocks Got Punished Amid the Poor Revenue Guidance
GoPro is down more than 10%. The current quarter earnings beat the expectations, but it was the fourth quarter guidance that disappointed the Wall Street. The company revised the fourth-quarter earnings […]
The Euro: Is 1.1660 the Ceiling for Now?
The euro had a failed attempt to move upwards during the Asian session. The euro is currently trying to break above 1.1660. The trading range today is still narrow. Tomorrow, […]
CME Will Trade Bitcoin Futures Products
I wondered how the JP Morgan CEO felt about this decision from CME. The JP Morgan CEO came out and said that Bitcoin was a fraud, and it was a […]
FOMC: No Surprise
No surprises came out of the FOMC today. The euro is still capped under 1.1660. We are still expecting another rate hike in December. The question is how many rate […]