Day: May 16, 2022
CADJPY On Watch Price action in CADJPY is looking interesting here. Unlike themoves we are seeing elsewhere against JPY, CAD has failed to breakdown. On the backof last week’s rally in oil prices and given the residual upside risks in theoutlook for oil, CAD looks well placed to fend off the current JPY safe-havenrally.The current […]
• USDCHF reversed from party• Likely to rise to 1.0100 USDCHF continues to rise after the earlier upward reversal from the strong support at parity, 1.000 (earlier resistance from the start of May). The upward reversal from the parity continues the active short-term impulse waves 5 and (C). USDCHF can be expected to rise further […]
• Gold reversed from support zone• Likely to rise to resistance level 1825.00 Gold today reversed up from the support zone located between the key support at 1790.00 (which has been reversing the price from December) and the lower daily Bollinger Band. The upward reversal from the support zone is currently forming the daily Hammer […]
These efforts are sure to help get many Terra projects back on their feet following last week’s devastating events. 3314 Total views 24 Total shares Numerous developers have been left in uncertainty in the aftermath of the Terra (LUNA) collapse. These Terra-based projects, which are already under a lot of pressure, may be able to […]
Commenting on the recent market volatility, Fabio Panetta also said stablecoins were still “vulnerable to runs,” just as investing in cryptocurrencies carried certain risks. 1164 Total views 20 Total shares Fabio Panetta, an executive board member of the European Central Bank, or ECB, has said that a digital euro could come within four years, potentially […]
Walmart Inc. WMT, -0.30% said Monday that it is piloting the College2Career program this summer, which will focus on putting new college grads on a career path with the retail giant. College graduates and college students within a year of graduation are eligible. The program offers training, classwork and mentorship leading to a newly-created management […]
Crypto investment giant Grayscale is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe. Grayscale officially announced its first European ETF, called Grayscale Future of Finance UCITS ETF, on May 16. A spokesperson for Grayscale told Cointelegraph that the ETF will begin trading on May 17. The new investment product is getting listings […]
Starbucks Corp. SBUX, -3.01% announced Monday that it has added a worker healthcare benefit, offering travel cost reimbursement to those who are enrolled in its program and seeking an abortion or gender-affirming procedures. The announcement comes after a leaked draft of a Supreme Court decision threatens to overturn Roe vs. Wade. The benefit will apply […]
USDJPY moved away from its multi-month highs but the “greenback” has an ace in the hole. Early in another week of May, the Japanese Yen reached stability against the USD. The current quote for the instrument is 129.34. The statistics published in the morning showed that the Producer Price Index in Japan leaped up 10.0% […]
EURUSD, “Euro vs US Dollar” EURUSD is testing Tenkan-Sen and Kijun-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 1.0445 and then resume moving downwards to reach 1.0115. Another signal in favour of a further downtrend will be a […]
