Daily News | Chaos in Hong Kong boosts Crypto| 10.09

Chaos in Hong Kong boosts Crypto.
As protests in Hong Kong rage on, businesses turn to Bitcoin.
Hong Kong’s citizens’ lives are being invaded by the government, and businesses are turning to Bitcoin.

Powell gives out strange hints.
Fed’s Powell claims that politics do not influence interest-rate decisions.
Fed Chair Powell fended off suggestions the bank would use monetary policy to affect political outcomes, drawing unwanted attention.

OPEC loses it’s grip on oil prices.
Despite OPEC’s attempts to control the market, emotions guide oil prices.
OPEC has painted itself into a corner by relying exclusively on supply control, yet oil prices remain guided by emotions.

USD/JPY
USD/JPY has lost 0.1% in the last session.
The Dollar-Yen pair has lost 0.1% in the last session. The MACD currently dwells in the positive zone.

Gold
XAU/USD has plunged in the last two sessions, falling 3.1%.
The price of gold has dropped sharply in the last two sessions, falling 3.1%. The ATR is signalling high volatility.

EUR/USD
EUR/USD has traded sideways in the last session.
The Euro-Dollar pair has traded sideways in the last session. The RSI currently dwells in the negative zone.

GBP/USD
GBP/USD has lost 0.4% in the last session.
The Sterling-Dollar pair has lost 0.4% in the last session. The ROC currently dwells in the negative zone.