KTM FX Daily: The broader financial markets mood is cautious; Market wrap

The broader financial markets mood is cautious The risk-off bias of the marketplace habitually favors yen and Swiss franc. Oil prices dive again at yesterday’s session, dips more than 7%. G10 currencies overnight set to […]

Read More..

KTM Crypto Wrap: Bitcoin is in freefall

Bitcoin is in freefall overnight, with the other cryptos tumbling as Goldman reportedly drops crypto trading plans. CNBC reported, “Goldman Sachs is dropping its plan to open a trading desk for cryptocurrencies, Business Insider says, […]

Read More..

KTM commentary: FX, commodity and Crypto overview

EURUSD: We still believe the major likely to remain between 1.1450-1.2000in Q2. After a relentless euro selling, we downgrade the resistance from 1.2000 to 1.1850. GBPUSD: Traced out a double top at 1.3475. Potential support […]

Read More..

KTM FX: Friday morning FX comments. Chart of the day EURCAD

The Central Bank of Turkey raised the repo rate for one week to 17.75%, up from 16.5% previously, as a result, Turkish Lira strengthens 2.00% overnight.  The dollar index (KTM:USDX) at 93.40, US 10Y at […]

Read More..