FXBrokerFeed Presents LamdaFX Daily News | India vs Crypto | 18.09

Published on: 09/18/19 10:42 AM

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Category: Newsletter

India vs Crypto.
India prepares for brain drain after Crypto ban.
India is seeing the first signs of an anticipated brain drain, as the government moves to criminalize domestic cryptocurrency investments.

Trump lays down the pressure.
USD sees gains as the Fed comes under pressure to raise rates.
The weekend bombings of Saudi Arabia’s main oil refinery have already prompted U.S. President Trump to pressure the Fed to lower rates.

Oil sees sharpest peak ever.
Oil jumps nearly 15% in record trading after attacks on Saudi facilities.
Oil ended nearly 15% higher after an attack on Saudi Arabian crude facilities cut the kingdom’s production in half.

USD/JPY
USD/JPY has edged up 0.1% in the last session.
The Dollar-Yen pair has performed a minor correction, gaining 0.1% in the last session. The ADX currently dwells in the positive zone.

Gold
XAU/USD has gained 0.7% in the last session.
The price of gold has performed a minor correction, gaining 0.7% in the last session. Stochastic settles in the neutral area.

EUR/USD
EUR/USD has lost 0.6% in the last session.
The Euro-Dollar pair has lost 0.6% in the last session. The RSI is currently negative.

GBP/USD
GBP/USD has lost 0.6% in the last session.
The Sterling-Dollar pair has lost 0.6% in the last session. The ROC currently dwells in the negative zone.

Source: https://lamdafx.com/daily-news-india-vs-crypto-18-09/