EUR/USD Erased The Morning Gains

EUR/USD Erased The Morning Gains The greenback has managed to increase in the second part of the day and recovered a little after the massive drop. EUR/USD dropped significantly in the afternoon, even if the United States data have come in mixed, but the decrease was somehow expected because the pair was too overbought to…

US slaps new economic sanctions on Iran over ballistic missile programme

US slaps new economic sanctions on Iran over ballistic missile programme The US imposed new economic sanctions against Iran late-Tuesday over its ballistic missile programme and Tehran’s “malign activities” in the Middle East, Reuters reports. Key Points: The U.S. government said it was targeting 18 entities and people for supporting what is said was “illicit Iranian actors or transnational criminal…

Bitcoin and Ethereum fall amid profit taking

Bitcoin and Ethereum fall amid profit taking Prices of both bitcoin and ethereum sank on Monday, as investors appeared to take profit on the recent rally that has seen both cryptocurrencies touch record highs. On the U.S.-based GDAX exchange, BTC/USD fell to $2,288.1, down $192.5 or 7.76%. Other big exchanges such as Poloniex, Bitfinex and…