Day: April 11, 2022
• GBPUSD reversed from round support level 1.3000• Likely to rise to resistance level 1.3160 GBPUSD currency pair today reversed up with the daily Hammer from the round support level 1.3000 (which stopped the previous sharp impulse wave 1 in the middle of March). The support zone near the support level 1.3000 is strengthened by […]
• Silver reversed from support level 24.10• Likely to test resistance level 25.50 Silver recently reversed up from the key support level 24.10 (which stopped the previous minor impulse wave 1 at the end of March). The support zone near the support level 24.10 was strengthened by the lower daily Bollinger Band and by the […]
Bitcoin (BTC) starts the second week of April with a whimper as bulls struggle to retain support above $40,000. After a refreshingly low-volatility weekend, the latest weekly close saw market nerves return, and in classic style, BTC/USD fell in the final hours of April 10. There is a feeling of being caught between two stools […]
Shares of American Express Co. AXP, -1.63% dropped 1.3% in morning trading Monday, after J.P. Morgan analyst Richard Shane downgraded the charge card and travel-related services company, citing concerns over valuation at a time of increased uncertainty over economic growth. Shane cut his rating to neutral from overweight but left his stock price target at […]
Ahead of the hearings on 23 and 24 May regarding Amigo Loans’ proposed Scheme of Arrangement (the Scheme), we have written to the firm to confirm that we do not intend to attend the hearings to oppose its proposals. The purpose of the Scheme is to deal with the firm’s redress liabilities. The firm’s Scheme […]
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Italian professional soccer club AC Milan will be releasing its first-ever nonfungible token (NFT) project in collaboration with the BitMEX crypto exchange. Proceeds will go to Fondazione Milan, the clubs’ charity arm. The limited-edition collection will feature 75,817 NFTs, a number representative of the capacity of the club’s home ground, San Siro stadium. It will […]
Shares of Bicycle Therapeutics Inc. BCYC, +24.54% tumbled 23.4% in premarket trading on Monday after the company shared interim data from a Phase 1 clinical trial for its urothelial-cancer treatment. Bicycle said its experimental therapy, BT8009, had a 50% overall response rate, and one of the eight patients enrolled in the study who received the […]
America’s largest exchange suspended some payment services on its newly launched Indian exchange due to pressure from the local payment regulators. 5303 Total views 30 Total shares The largest United States-based crypto exchange Coinbase has stopped payment services through United Payments Interface (UPI) on its platform for Indian users just three days after its launch […]
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
