11 / March / 2020
Forex - Dollar Remains Under Pressure Against Yen
By James Woter
AblyTrade Forex Club – The dollar remained lower against the yen Wednesday amid a bid in safe-haven assets as investor fears were realized after the World Health Organization declared the novel coronavirus a global pandemic.
“In the past two weeks the number of cases outside China has increased thirteenfold and the number of affected countries has tripled,” WHO Director-General Dr. Tedros Adhanom Ghebreyesus said at a press conference on Wednesday. “In the days and weeks ahead, we expect to see the number of cases, the number of deaths and the number of affected countries to climb even higher.”
USD/JPY fell to 0.72% to Y104.86.
The spread of the coronavirus has overshadowed stimulus moves by global finance institutions to offset the impact of the virus, with Bank of England slashing rates by half a point earlier today.
The U.K government, meanwhile, revealed a 12 billion pound ($15.43 billion) fund to combat the coronavirus.
GBP/USD fell sharply against the dollar, down nearly 0.34% on the day.
17 / February / 2020
Will Bitcoin Price Finally Conquer $10K? Here Are 3 Things to Consider.
Bitcoin (BTC) bulls were celebrating the digital asset’s recent surge above $10,000 for the first time this decade, but the smiles were short-lived as Bitcoin failed to hold above $10K for a meaningful amount of time.
Is this another short-lived bull run like the seven times Bitcoin crossed $10K in 2019? Or is this time different?
14 / February / 2020
Dear investors and partners of AblyTrade Forex Club.
Valentine's day - for many it is a warm and atmospheric holiday, an additional reason to Express sympathy to your loved ones.
Let your life be full of joyful and pleasant events, romantic and inspired adventures. We wish everyone to enjoy this day from the heart in the circle of close people and bask in the warm embrace of their loved ones.
For our part, we will try to provide decent financial support, providing each partner with the most convenient and favorable conditions for investment.
Best regards, the AblyTrade Forex Club!
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