Day: January 14, 2022
US Data In Focus AgainThe final tier-one data of the week is due over today’s US sessions with US Retail Sales for December due. Following the lacklustre response to stronger-than-expected CPI for December, it seems that the odds are stacked against a bullish reversal in USD. With this in mind, should data print at or […]
GBP Beats The BunchSo another week comes to an end, and already we’re deep into the middle of January. Times flies when you’re chasing pips! Chatting with traders this week, it seems the big move that most have bene focused on is the rally in GBP. In terms of specific trades, the breakout in GBPUSD […]
Rio de Janeiro mayor Eduardo Paes talked about Bitcoin with Miami mayor and BTC bull Francis Suarez at Rio Innovation Week. 160 Total views 11 Total shares Eduardo Paes, mayor of Brazilian city Rio de Janeiro, wants to allocate 1% of the city’s treasury into Bitcoin (BTC), Cointelegraph Brazil reported. Paes reportedly announced plans for […]
Shares of BJ’s Wholesale Club Holdings Inc. BJ, +0.43% dove 5.2% toward a two-month low in premarket trading Friday, after J.P. Morgan analyst Christopher Horvers swung to bearish from bullish on the membership-based warehouse retailer, following their sizable outperformance the past two years. Horvers cut this rating to underweight from overweight and cut his stock […]
Philip Rosedale, founder of Linden Lab’s virtual online world Second Life, will be rejoining the project as a strategic adviser to guide its entry into the metaverse. While he is negative on content interoperability in the metaverse, describing it as “a total fail,” he believes a nonfungible token (NFT)-based future is the way forward long […]
The average number of Americans who are currently in hospitals with COVID-19 set another record, as the highly transmissible omicron variant continued to spread across the country, a day after the Supreme Court struck down a Biden administration vaccine mandate for large companies. There were 148,782 people in hospitals with COVID-19 on Thursday, according to […]
Buterin has been both the golden child of crypto, and the recipient of some of the most trenchant criticism. For a bit of fun, he decided today was the day he wanted to dig some notable digs up and share them with his Twitter followers. 4269 Total views 47 Total shares Ethereum co-founder Vitalik Buterin […]
The Dow Jones Industrial Average DJIA, -0.49% is rising 47 points, or 0.1%, to buck the selloff in the broader market, but it be up a lot more if it wasn’t for the blue-chip barometer’s biggest technology components. The biggest drag on the Dow is Microsoft Corp.’s stock MSFT, -4.23%, which is down $8.64, or […]
USDJPY is falling at the end of the week; the Yen is happy with the possibility of the rate hike. The Japanese yen is rising against the USD on Friday. The current quote for the instrument is 113.86. The Yen has been strengthening for almost the entire week due to the “greenback” weakness, which […]
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 1.1458. If later the price breaks this range to the upside, the market may resume trading upwards with the target at 1.1507; if to the downside – start a new correction towards 1.1385 and then form one more ascending structure to reach the above-mentioned target. […]
