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  • Daily News | Not all cryptos are equal | 16.01

Daily News | Not all cryptos are equal | 16.01

  • Posted by viktorb
  • Categories News
  • Date January 16, 2020
  • Comments 0 comment
https://youtu.be/_ZU4duuSKbk

Not all cryptos are equal.
Only Bitcoin and Ethereum are under CFTC jurisdiction.
Bitcoin (BTC) and Ether (ETH) are commodities, while the status of XRP is still unclear, the chairman of the Commodity Futures Trading Commission (CFTC) said.

BoE itself criticizes Sterling.
Dovish BoE members challenge GBP/USD support levels.
Sterling remains under pressure against the US dollar after recent dovish commentary from BoE voting members.

Oil is back on track.
Oil climbs after five days of losses ahead of U.S.-China trade pact.
Oil prices climbed on Tuesday after five days of declines as the United States and China prepared to sign a preliminary trade deal.

USD/JPY
USD/JPY has traded sideways in the last session.
The Dollar-Yen pair has traded sideways in the last session. The ATR switches to low volatility.

Gold
XAU/USD has traded sideways in the last session.
The price of gold has traded sideways in the last session. The ATR dwells in the low volatility area.

AUD/USD
AUD/USD has traded sideways in the last session.
The Aussie-Dollar pair has traded sideways in the last session. The CCI is neutral.

GBP/USD
GBP/USD has gained 0.3% in the last session.
The Sterling-Dollar pair has bounced upwards in the last session, up 0.3%. The Stochastic-RSI becomes overbought.

 

Tag:daily market update, finance news today, financial news, fx news, fxnews, market outlook

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January 16, 2020

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