Fed’s Powell speaking but on regulatory reform

No comment on Fed chair future Wants to preserve the benefits of stress testing There is room to address the burden of the Volcker Rule that is put on some firms Wants to preserve gains from core of post-crisis reform Almost time on removing qualitative test from stress testing on large banks Regulators have significant […]

Bitcoin analysis for October 03, 2017

The Bitcoin (BTC) has been trading downwards. As I expected, the price tested the level of $4.241. Goldman Sachs may enter the cryptocurrency trading arena. Goldman Sachs interest in bitcoin started off with the firm discounting nearly every benefit the technology had to offer a few years ago. A couple of years down the line […]

USDCAD in retreat as NA desks enter the fray

A decent move lower for USDCAD as the North America session begins 3 Oct A steady move lower to 1.2490 from 1.2525 after spending most of the European morning session trading 1.251030. Not hearing any prime movers but a little USD supply and steasy oil may have been enough to find a sell order or […]