Forex Consulting

IMF sees a return to inflation in 2018

IMF’s latest estimates indicate that we won’t have a repeat of 2017’s “stagflation” The IMF released a growth estimate measure showing that advanced economies’ output gap will turn positive in 2018 – after nearly a decade of negative output gap estimates. Copyright 2015 Forexlive.com

Forex Consulting

NZD/USD stalling at key levels; tug of war ensues

The pair is hovering near the 0.7100 level awaiting the next move I highlighted here yesterday that the 50.0 retracement level and the 200-day MA level (both now at 0.7107) will be the area that takes centre stage for the pair – if it were to try and break to the upside. US trading failed…

Forex Consulting

Economic data coming up in the European session

What’s coming up on the calendar front today Howdy, everyone! Hope you’re all having a nice day. It’s been a rather quiet session so far in Asia – and the lack of data points haven’t been helping with that regard. But fret not, things will be picking up as we enter the European trading day.…

Forex Consulting

Bitcoin losing its allure in the criminal underworld

Criminals are believed to be shifting towards alternatives like monero as Bitcoin’s privacy weakens The EU’s law-enforcement agency, Europol, reported that monero, ethereum, and Zcash were gaining popularity within the digital underground – as analytic firms get better at flagging cryptocurrencies linked to crime or money laundering. Copyright 2015 Forexlive.com