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Market Review - 17/08/2020  23:29GMT   Dollar falls ahead of FOMC minutes on Wednesday and impasse in U.S. stimulus talks The greenback ended lower across the board on Monday due to continued deadlock in U.S. stimulus negotiations between the Democrats and Republicans and as investors remained caut

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GBP/USD prints four-day winning streak while taking the bids above 1.3100. Sustained trading beyond a four-month-old rising trend line and a 7.5-month-long falling support line favor buyers. March month high lures the bulls while bears will stay away unless breaking 1.2990. GBP/USD refreshes the in

US Stocks ALPHABET GOOG NETFLIX NFLX  NVIDIA NVDA  ORGANOVO ONVO Technical Analysis is Elliott Wave Technical Analysis: Many of the large stocks in this video have completed their corrections and are expected to move higher.  Organovo is an early-stage medical laboratory and research company which

RBA minutes show that Australia's central bank does not see a need to further ease policy. Members noted that the downturn had not been as severe as earlier expected. AUD tucked in below a fresh high pertaining to USD weakness but was little changed on the minutes. Having slashed rates in an emerge

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Sri Lanka's central bank left its key rates unchanged on Thursday after cutting it by 100 basis points last month. The Monetary Board of the Central Bank of Sri Lanka decided to hold the Standing Deposit Facility Rate at 4.50 percent and the Standing Lending Facility Rate at 5.50 percent. The bank

The People’s Bank of China (PBOC) injected CNY700 billion via one-year medium-term lending (MLF) facility on Monday. The Chinese central bank issued the one-year MLF at 2.95%, unchanged from the previous operation. The PBOC kept the rates unchanged for the fourth straight month. Market reaction USD/

The Guardian explains that New Zealand is not yet looking at a level 4 lockdown because the rising number of Covid-19 cases are all related to a single cluster, the health minister has said. Chris Hipkins told Radio NZ that more than one cluster would have to be circulating for the country to rise

Photo: Reuters Layer1 Technologies, a Texas-based Bitcoin mining firm, is facing a patent infringement lawsuit filed by Lancium, a data center power management company, publicly available court documents show. Lancium is accusing Layer1 of infringing its patented technology of adjusting data cente