Light bounce in crypto quickly fades, Bitcoin down nearly 10% on the day 0 (0)

Bitcoin bounced from $38,500 to $40,500 but has fallen back to $39,000
From a technical perspective, this is a very slippery slope for Bitcoin if the drop today breaks below both the $40,000 mark and its 200-day moving average. If sellers can manage that, a push towards $30,000 isn’t out of the picture next.

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French vaccinations continue to gather pace, hit 3.5 million doses last week 0 (0)

According to a French health ministry official
That is the highest level since the vaccination campaign began. As of 16 May, roughly 30% (20.3 million) of the French population has at least received one dose of the vaccine with around 13.4% (8.9 million) of the population being fully vaccinated.

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Cable eyes the highs for the year as dollar slump extends 0 (0)

GBP/USD climbs to a high of 1.4219, targets the February high at 1.4241
The dollar continues to wilt across the board as the technical plays extend across multiple pairs at the moment. Of note, EUR/USD is looking to hold a break above 1.2200 and GBP/USD as seen above, is starting to look towards the highs for

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Forexlive European FX News 17 May : Risk off tilt to start the week 0 (0)

COVID-19 case rise in Asia give risk off bias
– Post-links Paragraph Text Here, don’t forget an image.
The TAIEX (Taiwan’s stock index) was sharply lower on the Asian session handover and that was down to regional COVID-19 breakouts and containment measures. The Hang Seng and Shanghai Composite were both higher after the PBoC injected funds through

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