10 Nov 2022 @ 12:41
EUR/USD lost its footing and has fallen under the 1.000 price level during the early hours of today (Thursday). The short-term outlook reveals that this price decline is due to a lack of buyers. Nevertheless, the United States October CPI data will soon give a new direction to the pair. The risk avoidance situation helped […]
09 Nov 2022 @ 10:49
London open: Stocks dip as US mid-term results roll in; M&S, Taylor Wimpey in focus London stocks dipped in early trade on Wednesday as investors sifted through updates from the likes of Taylor Wimpey and Marks & Spencer, and as results of the US mid-term elections began to roll in. At 0835 GMT, the FTSE 100 was down […]
09 Nov 2022 @ 09:33
GBP/USD oscillates near the mid-1.1500s, this happened while the 4 days uptrend as buyers and sellers struggles during early Wednesday. The pair’s past gains can be related to the wide USD lack of upside momentum. The BOE Economist Huw Pill pointed out recession worries during panel discussion. He as well included that the Bank of […]
08 Nov 2022 @ 12:30
Gold appears to be putting an end to its downtrend. This is happening as the subdued United States Treasury yield provided some assistance. The United States Dollar rebounds strongly during a cautious market sentiment on Mid-term Election Day. Gold bulls stay optimistic as strong support lies at the $1,660 price level. XAU/USD price recently obtained […]
08 Nov 2022 @ 09:37
London open: Housebuilders lead decline after gloomy Persimmon update London stocks fell in early trade on Tuesday, with housebuilders pacing the decline after a gloomy update from Persimmon, as investors turned their attention to the US mid-term elections. At 0830 GMT, the FTSE 100 was down 0.6% at 7,258.79. Susannah Streeter, senior investment and markets analyst […]
07 Nov 2022 @ 13:41
Within a few days of being sold and bought beyond the $21,000, Bitcoin lost this support, as it retraced lower by some hundreds of dollars. Some other alternative coins as well experienced huge falls yesterday, while Solana had the lion’s share of the fall, as it fell by 14%. Solana Steep Dive Solana stood among […]
07 Nov 2022 @ 09:39
London open London stocks edged lower in early trade on Monday after Chinese officials poured cold water on hopes that China will relax its Covid restrictions. At 0845 GMT, the FTSE 100 was down 0.2% at 7,319.28. Richard Hunter, head of markets at Interactive Investor, said: “Asian markets lost some steam as Chinese authorities denied that […]
06 Nov 2022 @ 12:55
Besides Being Restricted at $21,500 and dipping by some hundreds of dollars BTC has strived to remain beyond the $21,000 price level. Many of the existing altcoins are quieter today on daily bases. However, Solana has moved up to a two-month height near the $40 price mark. The Recent Solana Bull Run Caused by Google […]
05 Nov 2022 @ 16:00
Vitalik Buterin today disclosed a new development concerning the Ethereum roadmap. Following the successful completion of the recent Ethereum Merge, coming up next are the Ethereum Surge, Ethereum Scourge, Ethereum Verge, Purge, and lastly the Ethereum Splurge. The huge change consists of the verge which is about verification. Also, the scourge will provide reliability and […]
04 Nov 2022 @ 16:43
Coinbase revenue fell by over 50% from past years, as cryptocurrency buying and selling activities slow down. Consequently, this has caused the company to lose $545 million compared to a profit of $ 406 million during the third quarter of the last two years (2021). Coinbase raked in as high as 90% of its gains […]