Fundamental analytics

Asian stock markets traded mainly lower on Thursday as the greenback extended its path to the downside following remarks by Treasury Secretary Steven Mnuchin from Davos.  

Weekly Outlook

Cryptocurrencies

The price of a single bitcoin continued on Thursday a careful climb that had started a day earlier. 

Today, the rally in the GBP / USD pair continued - the British currency not only managed to break through and consolidate above 1.40, but also broke through the 1.41 level, approaching the level of 1.42 - the level last seen at June 2016. 

The British pound surged against the U.S. dollar and the euro on Wednesday to touch its highest level in more than one and half years following fresh employment and wage growth data. 

Yesterday in the second half of US trading session, European currency moved to gains. 

The price of bitcoin cautiously moved higher on Wednesday to post some modest gains, as the digital currency attempted to recover from sharp losses over the past two days. 

Top stock indexes in Asia were mixed on Wednesday following previous session gains, with the dollar extending into negative territory against its major rivals.  

If you are giving your first steps in trading, we are almost entirely sure you’ve heard about “Bollinger Bands”. However, the large amount of information out there can be confusing.  

Today, US currency was trying to win back part of its losses, when in Asian trading USD dollar rushed to the highs of the day.