Top Cryptos by Tokens Outstanding

Geopolitics and U.S Riots Back in Focus with the Stats on the Lighter Side

With the RBA holdings policy unchanged, the focus returns to the key risk drivers. Continued unrest in the U.S and tensions between the U.S and China are in focus.

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  Manufacturing PMIs Put the EUR and USD in Focus as Demand for Riskier Assets Rises

  FX Empire
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  European Equities: A Lack of Stats Leaves Geopolitics and Policy Support in Focus

  FX Empire

EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 02/06/20

It’s a mixed start to the day for the majors. A move back through early morning highs would support another breakout.

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  Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 02/06/20

  FX Empire
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  The Crypto Daily – Movers and Shakers -01/06/20

  FX Empire

Canadian dollar surges to three-month high as investors unload the greenback

The Canadian dollar <CAD=> was trading 1.5% higher at 1.3571 to the U.S. dollar, or 73.69 U.S. cents. "It just seems like everyone wants to sell (U.S.) dollars right now," said Bipan Rai, North America head of FX strategy at CIBC Capital Markets. "The Fed has implemented many measures to make sure that the world is awash in U.S. dollars."

USD/CAD Daily Forecast – Canadian Dollar Continues Its Upside Move

USD/CAD breached the support at 1.3730 and moved closer to 1.3600.

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  GBP/USD Daily Forecast – U.S. Dollar Remains Under Pressure

  FX Empire
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  Silver Price Daily Forecast – Silver Continues Its Rally

  FX Empire

EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 01/06/20

It’s a relatively bullish start to the day for the majors. We would need to see a move through key levels, however, to bring resistance levels into play.

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  Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 02/06/20

  FX Empire
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  The Crypto Daily – Movers and Shakers -01/06/20

  FX Empire

Brave browser adds 1.5 million monthly active users in April and May

Privacy-focused internet browser Brave has added 1.5 million monthly active users (MAU) in April and May.The post Brave browser adds 1.5 million monthly active users in April and May appeared first on The Block.

Tether stablecoin launches on OMG Network as Ethereum is ‘vulnerable to severe network congestion’

Tether (USDT), the largest stablecoin by market capitalization, has been integrated into the OMG Network.The post Tether stablecoin launches on OMG Network as Ethereum is 'vulnerable to severe network congestion' appeared first on The Block.

Latest Ripple price and analysis (XRP to USD)

Despite surging by 5.26% on Saturday XRP remains in a bearish formation after another weekly candle close below the $0.2275 level of resistance. It has now failed to trade above $0.2275 since the gruelling capitulation in price during the coronavirus-induced sell-off in early March. Another concerning factor surrounding XRP from an analytical perspective is the descent of trade volume across all major cryptocurrency exchanges, with just $1.6 billion being reported over the past 24-hours compared to a daily volume of more than $5 billion in March. The lack of volume demonstrates a lack of interest from retail investors, which is reiterated by the lack of Google searches for 'XRP' in 2020 compared to previous years. As well as this, the

EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 31/05/20

It’s a mixed start to the day for the majors. Avoiding key levels through the morning would bring resistance levels into play, however.

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  The Crypto Daily – Movers and Shakers -31/05/20

  FX Empire
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  The Crypto Daily – Movers and Shakers -01/06/20

  FX Empire

EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 30/05/20

It’s a bearish start to the day for the majors. Failure to move through key levels will bring support levels into play.

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  Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 02/06/20

  FX Empire
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  The Crypto Daily – Movers and Shakers -01/06/20

  FX Empire

USD/CAD Daily Forecast – Canadian Dollar Loses Ground Ahead Of The Weekend

USD/CAD failed to settle below 1.3730 and returned back to 1.3800.

SatoshiPay raises $550K via convertible loan from Stellar Development Foundation

Blockchain payments startup SatoshiPay has raised $550,000 via a convertible loan from the Stellar Development Foundation (SDF).The post SatoshiPay raises $550K via convertible loan from Stellar Development Foundation appeared first on The Block.

EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 29/05/20

It’s a mixed start to the day for the majors. A move back through early highs would support another crypto breakout…

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  Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 02/06/20

  FX Empire
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  The Crypto Daily – Movers and Shakers -01/06/20

  FX Empire

Economic Data to Take a Back Seat with Trump’s News Conference the Main Event

While the economic calendar is on the busier side, Trump’s news conference will be the main event, which is testing risk sentiment early on.

USD/CAD Daily Forecast – Flat Despite Broad Weakness Of U.S. Dollar

USD/CAD managed to settle below 1.3800 but received material support at 1.3730.

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  Silver Price Daily Forecast – Silver Continues Its Rally

  FX Empire
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  USD/CAD Daily Forecast – Canadian Dollar Continues Its Upside Move

  FX Empire

Canadian dollar lags G10 currencies as investors dread GDP data

The Canadian dollar was the only G10 currency to lose ground against the greenback on Thursday as data showed a widening in Canada's current account deficit and ahead of data that was expected to show a slump in Canada's economy. "It has come a long way," said Mark Chandler, head of Canadian fixed income and currency strategy at RBC Capital Markets.

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  Oil Extends Losses After Surprise Jump in U.S. Crude Stockpiles

  Bloomberg
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  Oil turns higher, waving off unexpected rise in crude stocks as gasoline inventories fall

  MarketWatch

U.S Weekly Jobless Claims to Put the Greenback in Focus as Geopolitical Risk Lingers

The U.S Dollar is in action later today, with the weekly jobless claims and durable goods orders in focus. There’s also Trump and Beijing to consider.

EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 28/05/20

It’s a bearish start to the day for the majors. Failure to avoid key levels will bring support levels into play later in the day.

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  Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 01/06/20

  FX Empire
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  The Crypto Daily – Movers and Shakers -01/06/20

  FX Empire

U.S. Dollar Index (DX) Futures Technical Analysis – In Position to Post Closing Price Reversal Bottom

The direction of the June U.S. Dollar Index into the close on Wednesday is likely to be determined by trader reaction to yesterday’s close at 98.906.

USD/CAD Daily Forecast – U.S. Dollar Tries To Rebound After Sell-Off

USD/CAD is trying to settle above 1.3800 as demand for safe haven assets provides support to the U.S. dollar.

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  EUR/USD Daily Forecast: Euro Continues Highers While Dollar Index Falls to 9-Week Low

  FX Empire
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  GBP/USD Remains Well-Supported on a Broadly Weaker Dollar

  FX Empire

EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 27/05/20

It’s a relatively bullish start to the day. Avoiding early morning lows would bring resistance levels into play.

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  Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 26/05/20

  FX Empire
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  The Crypto Daily – Movers and Shakers -25/05/20

  FX Empire

The ECB and Brussels Put the EUR in Focus as Geopolitics Tests Risk Sentiment

As market jitters over the U.S and China resurface, the ECB and the EU Commission will be in focus later this morning…

USD/CAD Daily Forecast – Canadian Dollar Enjoys Major Boost

USD/CAD breached the major support level at 1.3850 and settled closer to 1.3800.

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  E-mini S&P 500 Index (ES) Futures Technical Analysis – Pivot into Close is 2984.50; Seeing Trump Bounce

  FX Empire
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  U.S. Dollar Index (DX) Futures Technical Analysis – In Position to Post Closing Price Reversal Bottom

  FX Empire

Canadian dollar surges to two-month high as economic reopening pressures bears

The commodity-linked Canadian dollar strengthened to a two-month high against its U.S. counterpart on Tuesday as steps to reopen the world economy boosted investor sentiment and some investors that were short the loonie covered their positions. World shares forged ahead and commodity markets drove higher as investors disregarded Sino-U.S. tensions to focus on the easing of lockdowns and a potential coronavirus vaccine. "You have all the components of CAD strength kicking-in, risk appetite, big dollar and oil," said Greg Anderson, global head of foreign exchange strategy at BMO Capital Markets.

• CANADA FX DEBT-Canadian dollar rallies to 2-month high as economies reopen

  Reuters
• CANADA FX DEBT-Canadian dollar sticks to tight range ahead of Poloz speech

  Reuters

Dollar Wobbles on Reopening Hopes

It was a solid start for European stocks this morning as growing optimism around the reopening of economies outweighed fears over escalating U.S.-China tensions.