Day: February 17, 2022
Pound On The RiseGBP has seen better buying across the European morning on Wednesday in response to the latest CPI data out of the UK. The Office for National Statistics released its January inflation report, showing that consume prices were firmly higher once again last month. The headline CPI reading was seen at 5.5% on […]
CitiEuropean OpenThe risk rally from the NY session paused as markets assessed the state of play. G10 FX sat in a tight range while UST yields were down, led by the front end as we wait for FOMC minutes today. Overnight, the nominations for Biden’s Fed nominees faced resistance in the Senate and Bloomberg reported […]
Scammers have been using advanced hacking bots on Telegram designed to trick investors into divulging their two-factor authentication, leading to accounts being locked and wiped out. 6778 Total views 65 Total shares Cybercriminals are using bots purchased on Telegram to trick users into giving them access to their cryptocurrency accounts. According to a report from […]
Alaska Air Group Inc. ALK, +0.67% announced the launch of Flight Pass on Wednesday, a subscription service that offers 6, 12 or 24 round-trip flights for a fixed price. Subscriptions start at $49 per month. Flight Pass Pro, which offers additional flexibility, starts at $199 per month. Travelers are responsible for additional taxes and fees. […]
Three U.S. Senators proposed a bill which would commission a lengthy report detailing the inner workings of El Salvador’s Bitcoin Law and a subsequent action plan to mitigate risk. 1729 Total views 18 Total shares A bipartisan group of senators introduced legislation in the U.S. Senate which seeks to mitigate perceived risks posed by El […]
Gold futures settled higher on Wednesday, rebounding from a loss in the previous session. At the start of the week, gold prices had settled at a roughly three-month high “as fears of a potential Russian invasion of Ukraine sparked demand for safe-haven assets,” said Rohan Reddy, analyst at Global X. “With perceived political risks increasing […]
Miners are starting to get strapped for cash and need a boost since BTC has dropped in price since November and revenue has fallen even further due to increased competition. 2916 Total views 20 Total shares Bitcoin miners are selling off coins from their stockpiles and shares in their companies after the profitability of mining […]
Oil futures declined in electronic trading Wednesday afternoon, after settling higher for the session. Prices fell after Reuters reported that Iran’s top nuclear negotiator, Ali Bagheri Kani tweeted that after weeks of intensive talks “we are closer than ever to an agreement.” In the tweet, however, he stressed that “nothing is agreed until everything is […]
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is trading within the “overbought area”. In this case, the price is expected to break 8/8 and then fall to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks +1/8 to the […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support level. At the moment, EURUSD is reversing and may form a new rising impulse. In this case, the upside target may be at 1.1510. However, an alternative scenario implies that […]
