You could literally feel it: Bitcoin has been gathering more and more strength over the past few days, preparing for its big breakthrough. Today it finally happened, Bitcoin broke through the $20,000 mark and is now unstoppable, even from a chart technical perspective. With this breakthrough, BTC clearly surpassed the previous record, which was marked this November at $19,700. Trade ...
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Friday, December 18, 2020
Markets Update Thursday 17/12/2020 – Christmas Rally
Frankfurt – 17/12/2020 Christmas Rally Above all, the expectation of a new economic stimulus package worth around 900 billion US dollars from the US government seemed to have been the main driver of the price gains today. Right now, Republicans and Democrats in Congress are moving ever closer together. However, one must continue to pay attention to the situation, because ...
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Markets Update Tuesday 15/12/2020 – Emergency Acceptance
Frankfurt – 15/12/2020 Emergency Acceptance Optimism is increasingly taking hold on Wall Street after the largest vaccination campaign in US history began. Also, the chances of a further US aid package are rising again. Investors are also encouraged by the prospect of EU-wide approval for a first Corona vaccine before Christmas. The European Medicines Agency (EMA) has now given in ...
from Engine Forex https://engineforex.com/markets-update-tuesday-15-12-2020-emergency-acceptance/
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Markets Update Wednesday 16/12/2020 – Crypto-Bull-Run-Time!
Frankfurt – 16/12/2020 Crypto-Bull-Run-Time! In the afternoon, Bitcoin finally broke through the $20,000 sound-barrier after re-testing its previous all-time high of $19,700 multiple times throughout the past few weeks. Now, things are looking up for all of the crypto-verse, since all signals point towards a massive bull run for the entire digital assets space. As expected, most altcoins followed Bitcoin’s ...
from Engine Forex https://engineforex.com/markets-update-wednesday-16-12-2020-crypto-bull-run-time/
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Markets Update Monday 14/12/2020 – Upside-down World
Frankfurt – 14/12/2020 Upside-down World The world and its governments are closing down, and stock prices are rising. The stock markets continue to celebrate the future – a future that stands on very shaky legs, fueled by an enormous flood of money that someone will have to balance out at one point, vaccination hopes and the topic of Brexit that ...
from Engine Forex https://engineforex.com/markets-update-monday-14-12-2020-upside-down-world/
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Friday, December 11, 2020
Markets Update Thursday 10/12/2020 – “Mo’ Moooneeey!”
Frankfurt – 10/12/2020 “Mo’ Moooneeey!” It was worth the wait – was it? Much of what the ECB decided today was expected by most market observers. Moreover, doubts about the usefulness of the measures are growing. Although the ECB announced further monetary policy relief as announced, including the extension of the emergency bond purchase program PEPP by 500 billion euros ...
from Engine Forex https://engineforex.com/markets-update-thursday-10-12-2020-mo-moooneeey/
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Markets Update Wednesday 09/12/2020 – Fear of Heights
Frankfurt – 09/12/2020 Fear of Heights Since the beginning of November, the US stock markets have been on a sensational rally. The Dow Jones Industrial rose by about 14 per cent, but it was mainly tech stocks on the NASDAQ that caused a sensation. Since the start of the year, the Nasdaq has gained around 45 per cent, leaving the ...
from Engine Forex https://engineforex.com/markets-update-wednesday-09-12-2020-fear-of-heights/
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Markets Update Tuesday 08/12/2020 – Recordvirus
Frankfurt – 08/12/2020 Recordvirus While in most other parts of the world investors and stock market participants have been somewhat cautious lately, the record-rally on Wall Street continues. The apparent reason for the never-ending course fireworks is the corona vaccine hopes, coupled with additional hoped-for aid money from central banks and governments. That with all these hopes the actual situation ...
from Engine Forex https://engineforex.com/markets-update-tuesday-08-12-2020-recordvirus/
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Markets Update Monday 07/12/2020 – ProTECHtion
Frankfurt – 07/12/2020 ProTECHtion The corona crisis and the government imposed restrictions continue to dominate among numerous concerns and are causing investor caution – except on the NASDAQ. There, the tech-bulls were once again chasing new records today. And, of course, another darling that’s still on our minds: the ongoing Brexit drama. This little puppy was to blame today, that ...
from Engine Forex https://engineforex.com/markets-update-monday-07-12-2020-protechtion/
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Thursday, December 3, 2020
Markets Update Wednesday 02/12/2020 – Great Britain first
Frankfurt – 02/12/2020 Great Britain first A weak US dollar and on the other side, a strong euro in the foreign exchange market weighed differently on the international stock markets today. While the strong euro mainly negatively impacts European companies, the weak greenback primarily supports exporting US companies. Trade with the Best UK Forex Brokers The other most important news, ...
from Engine Forex https://engineforex.com/markets-update-wednesday-02-12-2020-great-britain-first/
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Markets Update Tuesday 01/12/2020 – Year-End-Rally
Frankfurt – 01/12/2020 Year-End-Rally Strong economic and industry data from China and the USA, as well as new hopes for early approval of the corona vaccines, stimulated the buying mood of investors on the first trading day of December. US Markets at a glance Things started looking up again on Wall Street, but especially for the NASDAQ. The Dow Jones ...
from Engine Forex https://engineforex.com/markets-update-tuesday-01-12-2020-year-end-rally/
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Markets Update Monday 30/11/2020 – November, a month to remember
Frankfurt – 30/11/2020 November, a month to remember Although most of the indices were down slightly today, November turned out to be a very profitable month on the stock market. The bulls on the stock market-focused entirely on the progress of the vaccine and pushed the markets higher and higher, in some places to new all-time-highs. The latest advances made ...
from Engine Forex https://engineforex.com/markets-update-monday-30-11-2020-november-a-month-to-remember/
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Markets Update Friday 27/11/2020 – The Holiday Effect
Frankfurt – 27/11/2020 The Holiday Effect Investors can hope for the “Thanksgiving effect” next week. On Wall Street, the days before and, in particular, after Thanksgiving is characterized by abnormally high returns on a statistical average. On the stock market, the phenomenon is also well known under the keyword “holiday effect”. Today, there has often been a significant upturn, even ...
from Engine Forex https://engineforex.com/markets-update-friday-27-11-2020-the-holiday-effect/
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