Posts From Andrew Wright

Andrew Wright

Prior to founding tradersasset.com in 2014, Andrew worked as a proprietary trader, then as a market maker. As a market maker, he traded options in over 100 stocks, he then began trading currency pairs in 2013. Andrew still actively trades both, and prides himself on educating and informing traders on the benefits of both Binary Options and Forex.

The Leading Cryptocurrency Stories for 20th June 2018

The cryptocurrency market is once again making an attempt to turn bullish and the outcome, as usual, is dependent on whether Bitcoin crosses $10,000 mark. Whilst cryptocurrencies are trying to break the range bound movement, governments across the globe are

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Microsoft Acquires Educational Platform Flipgrid

  Software sector’s big brother Microsoft Corporation (Nasdaq: MSFT) has acquired Flipgrid, a social learning platform that facilitates students to make videos and share it publicly or privately using iOS and Android devices. Notably, a week before, the company finalised

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Poor Factory Sales, Crude Price Drop Turns Loonie Weak

  During the monetary policy meeting held last week, the ECB (European Central Bank) decided to trim the quantum of bond purchases to €15 billion from  September 2018 onwards. Currently, the ECB purchases bonds worth €30 billion every month. The

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The Leading Cryptocurrency Stories for 18th June 2018

After remaining in the red for the most part of last week, the cryptocurrency market has started showing some signs of a reversal in the past two days. Whether it will really result in a long-term reversal is now a

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Strong Inflation Data & Fed Hike Turns Greenback Bullish

  The Euro has started the week stronger against the greenback for two reasons: firstly, the Italian political risk has faded away after Giovanni Tria, the country’s finance minister, said he supports staying in the Euro zone and wants to

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Goldman Sachs Raises Netflix Price Target To $490

  On-demand video content provider Netflix, Inc. (Nasdaq: NFLX) shot up yesterday after Goldman Sachs raised its price target by $100. The renowned investment management firm also reiterated its buy rating. The arguments provided by the analyst and the upwardly

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The Leading Cryptocurrency Stories for 13th June 2018

The cryptocurrency market started bleeding on Monday due to three main reasons. Firstly, the CFTC has issued subpoenas to four main cryptocurrency exchanges, asking for trading data, to investigate price manipulation. Secondly, Coinrail, a cryptocurrency exchange was hacked during last

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Canadian Dollar Remains Weak On Poor Employment Data

  Record exports and narrowed trade deficits turned the Canadian dollar stronger against the yen last week. Expectations of a rate hike by the Bank of Canada also strengthened the Canadian dollar. The yen turned weak on rising outflows as

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IBM Expands Cloud Computing Operations

  Software giant International Business Machines Corporation (NYSE: IBM) yesterday unveiled its plans to expand its cloud footprint in 18 new zones. Furthermore, the company has acquired three big cloud clients. In addition to the introduction of next generation power

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The Leading Cryptocurrency Stories for 11th June 2018

The cryptocurrency market remained largely range bound during the past week. While the skeptics continued with their smear campaign, optimists continue to pour money into various cryptocurrency related projects. Cryptocurrency miners continue to flock to Canada, where power is available

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