Up for 8 consecutive hourly bars The EURUSD has extended to new session highs and in the process has moved above the high price from yesterday at 1.20422. The high from Wednesday at 1.2050, and the 50% retracement of the move down from the January 29 high comes in at 1.20534. Those are the next upside targets.   The pair is
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin eyes $50K less than a month after BTC price
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Rapidly rising oil prices are signalling the need for more production in the second half of the year to halt the fall in global inventories and satisfy recovering consumption as epidemic-related travel restrictions ease. Global petroleum stocks have fallen by almost 600 million barrels since May 2020, after rising by over 1.2 billion barrels in
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Wyomissing Restaurant and Bakery Food Specialist Megan Catarious, prepares a crepe at the crepe bar at the Wyomissing Restaurant and Bakery on Penn Ave in Wyomissing, Pennsylvania, January 22, 2021. Ben Hasty | MediaNews Group | Reading Eagle via Getty Images January’s employment picture appears to have improved over December, but how much so depends
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Sterling jumps sharply after BoE indicated that it didn’t want to send a signal to the market on adopting negative rates. Dollar is also firm on overall mixed market sentiments. Thanks to the selloff against both the Pound and the greenback, Euro is currently the worst performing one for the day, trailed closely by the
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Forex news for North American trading on February 5, 2021 It was unemployment day in the US and Canada, and both reports came in weaker than expectations: US nonfarm payroll rose by 49K, which was less than the 105K expected. However the prior to month revised down -159K.  The unemployment rate did fall fairly sharply to 6.3% from 6.7%, but the decline was
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