News & Comments

Wednesday, June 22, 2016

The Winklevoss Twins' Bitcoin Exchange Opens in the U.K. Bloomberg

Published on 21 Jun 2016

June 21 -- Cameron Winklevoss, co-founder and president at Gemini, and Tyler Winklevoss, co-founder and chief executive officer at Gemini, explain the function of their newly-launched U.K. bitcoin exchange and the similarity in trading between bitcoin and gold. They speak on "Bloomberg ‹GO›."

WTI Crude Oil and Natural Gas Forecast June 22, 2016: DailyForex

Published on 21 Jun 2016

The WTI Crude Oil market initially fell during the day on Tuesday but found enough support just above the $40 level to turn things around and form a hammer. That of course is a positive sign, so we can break above the top of the hammer I believe that the market will continue to grind its way higher, perhaps trying to continue the longer-term uptrend. Ultimately, pullbacks will continue to be very important as they represent value in this very bullish market. I believe that given enough time we could break out, but if we end up making a “lower low” at the $46 level, that could be the beginning of a very negative move. Ultimately, the market looks like it is going to be very volatile in the short-term, so having said that it’s likely that short-term charts will probably be the best way to go.

For more daily news and technical analysis visit: http://www.dailyforex.com

Russia May Sell Stakes in Oil Giant Rosneft to China, India: Bloomberg

Published on 20 Jun 2016

June 20 -- Vladimir Putin is considering selling part of Russia’s corporate crown jewels to China and India as the president struggles to meet spending commitments before his possible re-election bid in less than two years. Bloomberg's Rosalind Chin and Angie Lau report on "First Up."

Trading Video: Pound, Dollar, Risk Intensify Focus on Approaching Brexit Vote: Forex News by DailyFX

Published on 21 Jun 2016

Talking Points:

• Brexit-charged GBP/USD volatility duped many with a false break of the 200-day moving average
• Unease is growing in risk trends with trend drying up for the likes of SPX while USD's sensitivity reflects focus
• Pound, Euro, Dollar and Yen all batten down for the Brexit - few outlets left for low-risk trade opportunities

Read the full article here:
https://www.dailyfx.com/forex/video/d...