Day: April 18, 2022

Apr 18
What is driving institutions to invest in crypto? BlockFi’s David Olsson explains

“Out of the 80% of Top 50 hedge funds in the world we’ve spoken to, they all are embarking on some sort of crypto journey,” says Olsson. 628 Total views 28 Total shares In an interview with Cointelegraph reporter Joe Hall last Tuesday, David Olsson, global head of institutional distribution at BlockFi, shared his insight […]

Apr 18
Gold futures settle at a more than 5-week high

Gold futures climbed Monday to settle at their highest in more than five weeks, after briefly touching highs above $2,000 an ounce. “Ukraine is the reason for the gold-price rise,” said Chintan Karnani, director of research at Insignia Consultants. Inflation will be around longer if the Ukraine conflict continues to escalate,” he said. Gold is […]

Apr 18
The cryptocurrency market digest (BTC, XRP). Overview for 18.04.2022

Not much has changed about the situation in the BTC lately. Over a week, the price of the leading cryptocurrency dropped by 4.7%; on Monday, the BTC is falling down to $39,000. On the one hand the quotes remain tightly bound to the US stock indices, Nasdaq in particular, and things are getting rather tough. […]

Apr 18
Forex Technical Analysis & Forecast 18.04.2022

EURUSD, “Euro vs US Dollar” EURUSD continues falling towards 1.0750 and may later start a new correction to reach 1.0830. After that, the instrument may resume trading downwards with the target at 1.0730. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD completed the descending wave at 1.3018. Today, the pair may consolidate around this level. […]

Apr 18
Gold prices rise by $19 as the Ukrainian crisis escalates

Gold prices rise by $19 as the Ukrainian crisis escalates Gold prices rose more than 19 dollars, during trading on Monday, recording their highest levels since mid-March; The uncertainty surrounding the Russian-Ukrainian conflict dampened risk sentiment and pushed investors towards bullion safety. This comes with the escalation of tensions in the Ukraine crisis; Several explosions […]

Apr 18
Nektar, Bristol Myers Squibb end clinical development of combination therapy including Opdivo

Shares of Nektar Therapeutics Inc. NKTR, -33.93% were down 35.9% in trading on Monday after the company announced Friday that it halted development of bempegaldesleukin in combination with Bristol Myers Squibb’s BMY, -0.95% Opdivo. The combination was being tested in several types of cancer, including renal cell carcinoma and urothelial carcinoma. Wall Street now views […]

Apr 18
Forward Air’s stock rallies toward 5th-straight gain after raising profit, revenue outlook

Shares of Forward Air Corp. FWRD, +1.27% jumped 1.5% in morning trading Monday, putting them on track for a fifth-straight gain, after the trucker raised its first-quarter profit and revenue outlook, citing “continued strong demand for services.” The company raised its net earnings-per-share guidance range to $1.52 from $1.61 from $1.15 to $1.19, which compares […]

Apr 18
Natus Medical to be acquired at a 29% premium by ArchiMed

Natus Medical Inc. NTUS, +0.58% announced Monday a deal to be acquired in a deal valued at $1.2 billion by an affiliate of investment firm ArchiMed. Natus Medical’s stock was still halted for news until 7:30 a.m. Eastern. Under terms of the deal, ArchiMed will pay $33.50 in cash for each Natus Medical share outstanding, […]

Apr 18
The Yen reached new lows. Overview for 18.04.2022

After updating its 20-year high, USDJPY continues rising.  The Japanese Yen remains very weak against the USD. The current quote for the instrument is 126.65. The JPY is mostly pressured by the “greenback” and the US Fed’s monetary policy. Because of high inflation, the American regulator had to tighten its monetary policy, thus supporting the […]

Apr 18
Ichimoku Cloud Analysis 18.04.2022 (AUDUSD, CHFJPY, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from the support level at 0.7358; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.7370 and then resume moving downwards to reach 0.7275. Another signal in favour of a […]