Photo: FM The Australian Securities and Investments Commission (ASIC) announced this Thursday that it has banned the former National Representative of BitConnect cryptocurrency investment scheme, John Louis Anthony Bigatton, from providing financial services for seven years. BitConnect was an onli

Indian shares opened higher on Thursday after U.S. durable goods orders data released overnight pointed to an economic recovery and Moderna announced promising results from a small trial of its coronavirus vaccine candidate in elderly patients. The benchmark S&P BSE Sensex rose 160 points, or 0.

AUD/NZD is gearing up for a shorting opportunity from both a short term and longer-term outlook. Price action is neutral on the daily but overstretched on weekly and monthly time frames. In the near term, the 15-min correction of the hourly bearish impulse is compelling if below the 21 moving averag

USD/CHF stayed in consolidation above 0.9050 last week and outlook is unchanged. Initial bias stays neutral this week first. With 0.9241 resistance intact, further decline is expected. On the downside, break of 0.9050 will resume larger down trend. Nevertheless, on the upside, break of 0.9241 resist

According to the economists surveyed by Reuters, the Eurozone economy is likely to see slightly stronger growth, in light of the European Union (EU) EUR750 billion coronavirus relief package. Key findings “The economists surveyed July 22-28 also concluded it would take two or more years for eurozone

Intra-Day Market Moving News and views Update Time: 21 July 2020 05:30GMT USD/JPY - 107.17... The greenback went through a roller-coaster ride on Monday as despite rising from 107.02 in New Zealand to session highs at 107.53 in Asian morning, price pared its gains and retreated sharply to 107.04 in

Early on Monday morning in Asia, 23:50 GMT on Sunday for the rest, the Bank of Japan (BOJ) will release monetary policy minutes of its latest meeting. With the recently downbeat economic outlook in the quarterly forecast, traders will look for surprises in the details, if any. It’s worth mentioning

WTI stays pressured beyond $40.00 despite multiple bounces off 200-HMA. MACD conditions suggest bears rolling up their sleeves for entry. Bulls will have multiple upside barriers beyond $41.00. WTI recedes to $40.31, down 1.06% on a day, during the early Monday’s trading. The black gold extends lat