Japanese conglomerate Softbank has been outed over the weekend as the “Nasdaq whale” that has been buying huge option contracts...
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JoinedAug 21, 2020, 10:11 BST
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Kevin George has over twelve years' experience in financial markets trading, which included stints in London and New York, trading equities and currencies. He has also traded in commodities, equities, futures and options. He has extensive technical-experience and combines this with a fundamental overview.
He has published for SeekingAlpha, where he runs his own subscriber newsletter and graduated with an MSc in finance in 2017.
Bitcoin's tumble last week has seen a similar move lower in Bitcoin Cash with a drop under the $250 level. The four-day rally in the U.S. dollar caused an unwind in commodities and anti-dollar currency pairs, with much of the top thirty cryptocurrencies registering double-digit losses on the week.
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The AUDJPY was flat last week as traders await the next catalyst for the pair. Tomorrow sees the release of final GDP figures for the Japanese economy's second quarter. Similar releases in other developed countries have seen some nations undershoot expectations slightly, but this has not moved currencies much, with country's already committed to large stimulus efforts.
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The GBPJPY pair was moving sharply lower on the day to test support after U.K. Prime Minister Boris Johnson stated...
The gold price was lower by around $60 into the weekend after the U.S. dollar shook off its recent weakness to stage a four-day rally. Strong ISM Manufacturing data started the greenback's bounce on Wednesday and this was followed by NFP job numbers which...
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The DAX opened the week higher by 0.7% as the German Index found support following last week’s selling. The U.S. market is closed for Labor day and it’s a little surprising to see the DAX rally after weak Asian stock markets and slower German Industrial Production numbers this morning.
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The EURUSD pair was lower on the week as the dollar found some support for a rally into the weekend....
The recent USDNOK rally has seen the U.S. dollar fight back against the Norwegian Krone after the greenback registered steady...
The GBP to AUD pair has turned lower today and risks testing the support of the recent trading range. Today’s...
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The U.S. Non Farm Payrolls number came in slightly lower than expectations, but the number was still strong, leading to...