Day: March 1, 2022

Mar 01
The Aussie is rising. Overview for 01.03.2022

AUDUSD is growing after the RBA kept its monetary policy intact.  The Australian Dollar is quickly rising against the USD on Tuesday. The current quote for the instrument is 0.7264. The way the March meeting of the Reserve Bank of Australia went was quite predictable. The benchmark interest rate remained unchanged at 0.10%, just as […]

Mar 01
RBA Cites Ukraine Uncertainty As Major New Factor

AUD in DemandThe Australian Dollar has been higher today on the back of the RBA’s March meeting, held overnight. While the bank held off from tightening its monetary policy, expectations remain broadly hawkish with several regional banks having recently lifted their growth forecasts for Australia. The RBA itself, lifted its inflation target, citing the war […]

Mar 01
Market Spotlight: Ethereum Pattern Trade

ETH Bouncing BackPrice action in Ethereum is looking particularly interesting now following the developments we’ve seen over recent weeks. The decline towards the 2422 level support was accompanied by clear, bullish divergence in momentum studies and found strong demand at a test of the level. With price now turning higher from that region we are […]

Mar 01
Dax Wave Analysis – 1 March, 2022

• Dax reversed from resistance zone• Likely to fall to support level 3.000 Dax index recently reversed down from the resistance zone lying between the key resistance level 3220.0 (former strong support from last year) and the 38.2% Fibonacci correction of the earlier downward impulse from last month. The downward reversal from this resistance zone […]

Mar 01
EURCHF Wave Analysis – 1 March, 2022

• EURCHF broke key support level 1.0300• Likely to fall to support level 1.0200 EURCHF currency pair under the bearish pressure after the earlier breakout of the key support level 1.030 (which has been reversing the pair from the end of January). The breakout of the support level 1.030 accelerated the active impulse waves 3 […]

Mar 01
South Korean crypto market grows to $45.9B in 2021 despite strict regulations

The 24 licensed crypto exchanges registered a collective average daily transaction volume of near $9.4 billion. 574 Total views 31 Total shares South Korea’s crypto market grew to 55 trillion Won ($45.9 billion) by the end of 2021, as per a new study from the country’s chief financial regulator, the Financial Service Commission. South Korea […]

Mar 01
Green Thumb Industries net income edges up, beats estimates

Green Thumb Industries Inc. GTII, +3.20% GTBIF, +0.68% said Tuesday its fourth-quarter net income rose to $22.81 million, or 10 cents a share, from $22.47 million, or 11 cents a share in the year-ago quarter. Sales rose by 37.4% to $243.6 million, from $177.2 million in the year-ago quarter as the cannabis company grew scale […]

Mar 01
Crypto businesses will be rewarded over the long term, says Voyager CEO

“Crypto is becoming more and more of a long-term safe haven for future generations,” says Voyager Digital CEO Stephen Ehrlich. 186 Total views 3 Total shares Running crypto businesses is a difficult journey that is not for the faint of heart. However, according to Stephen Ehrlich, the co-founder and CEO of Voyager Digital, patience is […]

Mar 01
TotalEnergies says it won't provide new capital for Russian projects

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch

Mar 01
Wild moves continue for Russian companies with London listings as home market shut

Wild moves continued for Russian companies with secondary listings on the London Stock Exchange, though the moves weren’t entirely negative. Conglomerate Sistema SSA, +82.02% jumped 88% and Sberbank SBER, -7.38% rose 19%, while Lukoil LKOD, -53.41% dropped 27% and Norilsk Nickel MNOD, -45.38% fell 18%. The Central Bank of Russia said it will keep the […]