Day: April 29, 2022
EURUSD, “Euro vs US Dollar” EURUSD has fixed above Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Kijun-Sen at 1.0645 and then resume moving downwards to reach 1.0255. Another signal in favour of a further downtrend will be a rebound […]
EURUSD reached a new bottom and is trying t reach stability. The major currency pair remains under bearish pressure. the current quote for the instrument is 1.0545. Yesterday, the US released the GDP Q1 2022 report. The first estimate showed that the country’s economy dropped 1.4% q/q after gaining 6.9% q/q in the previous quarter […]
Daily Market Outlook, April 28, 2022 Overnight Headlines Australia Banks Pull Forward Hike Calls After Inflation Surprise China Cabinet Split Over Opening Stimulus ‘Flood Gates’ Treasury Yields Extend Slide Amid Signs Of Extreme Bearishness Deutsche Bank Sees 5%-6% Fed Target Rate And U.S. Recession Euro Falls To Five-Year Low Against Dollar As Growth Risks Eyed […]
Australian Senator Andrew Bragg has met with United States Senator Cynthia Lummis to discuss potential collaboration on cryptocurrency regulation between the two countries. Senator Bragg is a crypto-friendly politician from the ruling Liberal Party, a conservative center-right party, that has been one of the driving forces behind a proposed forward-thinking regulatory scheme in Australia. Last […]
California Attorney General Rob Bonta said Thursday his office has issued a subpoena to Exxon Mobil Corp. XOM, +3.02% as part of the office’s investigation into the energy industry’s “role” in allegedly “causing and exacerbating the global plastics pollution crisis.” The attorney general was seeking “information relating to the company’s role in deceiving the public,” […]
The Digital Commodity Exchange Act would give the commodities regulator the authority to determine rules for cryptocurrency developers and exchanges offering spot trading. 1309 Total views 29 Total shares A bipartisan group of lawmakers in D.C. introduced an updated bill on April 28 to regulate cryptocurrency developers, dealers, exchanges, and stablecoin providers, bringing them under […]
Tesla CEO TSLA, -0.45% Elon Musk reportedly discussed job cuts and ways of monetizing Twitter TWTR, +0.97% with bankers during negotiations for his $44 billion takeover of the online news and social networking site. Without offering specifics, Musk said cutting costs and jobs would help generate returns for Twitter, according to a Thursday report on […]
VeChain has made a series of announcements that look to substantially grow usability and adoption of its native VET token. 1568 Total views 16 Total shares Supply chain blockchain project VeChain has announced a new partnership with crypto payment services, Alchemy Pay that will allow people to use its VET token as payment in over […]
Shares of Western Union Co. WU, +3.06% fell more than 4% in the extended session Thursday after the financial services company reported quarterly results within expectations but tweaked its 2022 outlook lower, saying it was impacted by halting its business in Russia and Belarus due to the war in Ukraine. Western Union said it earned […]
Oil Traders Raise Upside Bets on Supply FearsThe latest CFTC COT institutional positioning report shows that oil traders increased their net long position last week for the first time in well over a month. The increase in upside exposure is likely a reflection of resurgent fears over the path the conflict in Ukraine is taking. […]
