Day: June 9, 2022

Jun 09
Appeals court rules Do Kwon, Terraform Labs must heed SEC subpoena served in September

The U.S. regulator is investigating whether Terraform used its Mirror Protocol to sell unregistered securities in a case unrelated to the Terra collapse. 1013 Total views 46 Total shares The United States Court of Appeals for the Second Circuit on Thursday rejected Terraform Labs CEO Do Kwon’s dispute of a subpoena by the Securities and […]

Jun 09
Dow drops more than 600 points as U.S. stocks end sharply lower ahead of highly-anticipated inflation data

All three major stock benchmarks closed sharply lower Thursday, with the Nasdaq Composite suffering the biggest loss as investors worry about slowing growth and inflation data that will be released Friday. The Dow Jones Industrial Average DJIA, -1.94% dropped around 639 points to close 1.9% lower, while the S&P 500 SPX, -2.38% fell 2.4% and […]

Jun 09
Extended-Hours Trading: Investor Bulletin

The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to help educate investors about extended-hours trading for stocks. Extended-hours trading, refers to trading that occurs outside of regular trading hours. Regular trading hours for stocks traded on exchanges and certain other markets are from 9:30 a.m. to 4:00 p.m. Eastern Time. […]

Jun 09
Forex Technical Analysis & Forecast 09.06.2022

EURUSD, “Euro vs US Dollar” EURUSD is consolidating above 1.0707. Possibly, today the pair may expand the range up to 1.0765 and then resume falling to break 1.0670. Later, the market may continue trading downwards with the target at 1.0590. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is consolidating around 1.2540. Possibly, the pair […]

Jun 09
Murrey Math Lines 09.06.2022 (USDCHF, GOLD)

USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading above to indicate a possible ascending tendency. In this case, the pair is expected to continue growing to reach the resistance at 5/8. However, this scenario may be cancelled if the price breaks the support at […]

Jun 09
European Equities Under Pressure After ECB Meeting as the Path to Tightening Becomes Clearer

The main event for FX market today was the meeting of the ECB. The 2% rise in the Euro’s trade-weighted exchange rate last month is positive news for the ECB, which has attempted to maintain room to maneuver to step up the pace of monetary tightening if necessary. Nevertheless, the course towards tougher policy has […]

Jun 09
BANKNIFTY INDEX, H4 Potential For Bearish Continuation

Type: Bearish MomentumKey Levels:Resistance: 36773.8Pivot: 36066.95Support: 33255.7Preferred Case:On the H4, with price moving in a descending trendline and entering a bearish pressure area on the MACD indicator, we have a bearish bias that price will continue to drop from the pivot at 36066.95 in line with the 50% fibonacci retracement and multiple swing high to […]

Jun 09
Lithuania aims to tighten crypto regulation and ban anonymous accounts

The country decided to act in advance of upcoming EU regulations that could effectively ban noncustodial wallets. 1468 Total views 7 Total shares In its efforts to fight money laundering risks and the possible schemes of Russian elites circumventing financial sanctions, the 2.8-million nation of Lithuania is planning to tighten its scrutiny over crypto.  As […]

Jun 09
DocuSign shares plunges 16% on earnings miss

DocuSign Inc.’s. stock DOCU, -3.04% initially fell 16% in extended trading Thursday after the electronic-documents company reported fiscal first-quarter revenue that exceeded analysts’ forecasts but came up short on earnings. DocuSign reported a net loss of $27.4 million, or 14 cents a share, compared with a net loss of $8.35 million, or 4 cents a […]

Jun 09
Tether deploys new USDT token on the Tezos blockchain

The asset will also be available on 12 other networks, including Ethereum, Solana and Polkadot, among others. 1585 Total views 41 Total shares Leading cryptocurrency stablecoin Tether has announced the launch of a new asset, Tether (USDT) tokens, built on the Tezos blockchain, and with the ambition of expanding its digital footprint across the digital payments and […]