Here are the key factors to keep in mind this week for Bitcoin trades: CBOE Withdraws ETF Proposal: The highly anticipated VanEck/SolidX Bitcoin ETF, which many believe will ignite the next rally in Bitcoin as institutional investors will provide capital, has been withdrawn by the CBOE amid a US government shutdown. Expectations were for the application to be rejected, therefore the CBOE decided to withdraw it and time it better. While the price initially decreased, price action recovered as traders widely ignored this development. This...
Here are the key factors to keep in mind today for Australian Dollar trades: Australian CBA Manufacturing PMI, CBA Services PMI and CBA Composite PMI: Preliminary Australian Manufacturing PMI for January was reported at 54.3. Forex traders can compare this to the Australian CBA Manufacturing PMI for December which was reported at 54.0.The Preliminary Australian CBA Services PMI for January was reported at 51.0. Forex traders can compare this to the Australian CBA Services PMI for December which was reported at 52.7. The Preliminary...
Here are the key factors to keep in mind today for Euro trades: French Manufacturing PMI, Services PMI and Composite PMI: The Preliminary French Markit Manufacturing PMI for January is predicted at 50.0. Forex traders can compare this to the French Markit Manufacturing PMI for for December which was reported at 49.7. The Preliminary French Markit Services PMI for January is predicted at 50.5. Forex traders can compare this to the French Markit Services PMI for for December which was reported at 49.0. The Preliminary French Markit Composite...
Here are the key factors to keep in mind today for Australian Dollar trades: Australian Westpac Leading Index: The Australian Westpac Leading Index for December decreased by 0.21% monthly. Forex traders can compare this to the Australian Westpac Leading Index for November which decreased by 0.09%. Australian Skilled Vacancies: Australian Skilled Vacancies for December increased by 0.7% monthly. Forex traders can compare this to Australian Skilled Vacancies for November which decreased by 0.1% monthly. Here are the key factors to keep in...
Here is the key factor to keep in mind today for Euro trades: German ZEW Survey and Eurozone ZEW Survey: The German ZEW Survey Current Situation Index for January is predicted at 43.3 and the German ZEW Survey Economic Expectations Index at -18.5. Forex traders can compare this to the German ZEW Survey Current Situation Index for December which was reported at 45.3 and to the German ZEW Survey Economic Expectations Index which was reported at -17.5. The Eurozone ZEW Survey Economic Sentiment Index for January is predicted at -20.1. Forex...
