Cryptos bounce maybe short lived but Stocks buoyant on trade deal expectation

3 min read

When the fortunes turn for an asset on a financial market, even good news become bad news & that’s what has been happening to the Cryptocurrencies lately. More on that later but they did manage to bounce off the low earlier, which marked a correction of 82% at the time of writing. Stocks managed a handsome rebound on the expectation of a deal between the World’s two largest economies on the sidelines of the G-20 summit in Argentina. While in FX markets the Greenback rebounded from another low yet again to keep the bullish trend intact. Let’s quickly review some…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.