by Ryan Littlestone | January 19th, 2018, 15:06:34 | Brexit, sticky 5
Shock and consternation felt across the UK Biscuit maker McVitie’s is cutting 7 (seven) biscuits from its packs of digestives due to Brexit. The company says that the fall in the pound has made ingredients more expensive and so a 20% cutback is needed in packs...
by Ryan Littlestone | January 17th, 2018, 15:50:34 | Cryptocurrencies, sticky 5
Everyone is lining up to kick Bitcoin while it’s down Citi popped up just before the BOC to say that Bitcoin could halve again, after falling to, and under $10k. In a research note, they say a fall to the $5605/5673 area looks “very likely to be very...
by Ryan Littlestone | January 16th, 2018, 10:27:26 | Cryptocurrencies, sticky 5
Cryptocurrencies plunge as South Korea keeps ban threats alive More fun and games in your favourite made-out-of-nothing asset. Soth Korea’s YOnhap news agency reported that Finance minister Dong-yeon had told a local radio station that the government would be...
by Ryan Littlestone | January 12th, 2018, 20:50:32 | Orders, sticky 5
The Commitment of Traders net speculative positions report from the CFTC as of Tuesday 09 January 2018 JPY -126k vs -122k prior EUR +145k vs +128k prior GBP +25k vs +16k prior AUD +5k vs -20k prior NZD -11k vs -17k prior CAD +17k vs +15k prior CHF -22k vs -16k prior...
by Ryan Littlestone | January 11th, 2018, 16:48:16 | sticky 5, Technical Analysis
Oil on a rip as it looks for its 5th consecutive weekly gain Brent crude has just hit $70.05 as it continues to power on. It’s broken the 2015 high, which was the bounce from the big drop from the 115’s, and a hold above will keep the billish sentiment in...
by K-man | January 11th, 2018, 00:30:35 | Australia, Economic Data, sticky 5
Retail sales data for 11.01.2018 Prior retail sales 0.5% Big beat, AUD flies to 0.7865 , this may put some pressure on the 0.7880/00 resistance. EURAUD dives under 1.52 , that’s me out of the position through 1.5230 , can’t win them all...