Day: August 25, 2022

Aug 25
US court gives Voyager green light to pay bonuses to key employees

Voyager Digital will pay $1.9 million in retention bonuses to key staff members to ensure the beleaguered cryptocurrency lender can continue operating through bankruptcy proceedings. 879 Total views 65 Total shares A New York bankruptcy court has given embattled cryptocurrency brokerage Voyager Digital the green light to pay retention bonuses to key staff members. The […]

Aug 25
Gold futures up a third session in a row

Gold futures ended higher Thursday for a third session in a row, finding support as the U.S. dollar weakened and Treasury yields pulled back ahead of Federal Reserve Jerome Powell’s speech at the Jackson Hole economic symposium Friday. Powell may provide clues on the plan for U.S. interest rates. December gold GCZ22, +0.43% climbed by […]

Aug 25
Alibaba among China stocks gaining after report details possible resolution to U.S.-China audit issue

U.S.-listed shares of Chinese companies were heading sharply higher in Thursday morning trading after The Wall Street Journal reported that officials from the U.S. and China were near an agreement that would let U.S. accounting regulators go to Hong Kong in order to inspect the financial audit records of Chinese companies whose shares are listed […]

Aug 25
EIA reports a weekly rise of 60 billion cubic feet in U.S. natural-gas supplies

The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 60 billion cubic feet for the week ended Aug. 12. That compared to an average forecast for an increase of 51 billion cubic feet from analysts polled by S&P Global Commodity Insights. Total working gas stocks in storage stand at 2.579 […]

Aug 25
Coronavirus tally: Pfizer’s Paxlovid COVID antiviral has little benefit for younger adults, new study finds

Pfizer’s COVID antiviral Paxlovid appears to have little or no benefit for younger adults, although it still reduces the risk of hospitalization or death in seniors, according to a new Israeli study, the Associated Press reported. Data from the 109,000 patient study may renew questions about the U.S. government’s use of Paxlovid, which has become […]

Aug 25
Ichimoku Cloud Analysis 25.08.2022 (EURUSD, USDJPY, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from Kijun-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the bullish channel’s upside border at 1.0040 and then resume moving downwards to reach 0.9780. Another signal in favour of a further downtrend […]

Aug 25
Forex Technical Analysis & Forecast 25.08.2022

EURUSD, “Euro vs US Dollar” Having completed the descending wave at 0.9909, EURUSD is growing towards 1.0030. After that, the instrument may start another with the target at 0.9950, or even extend this structure down to 0.9807. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the descending wave at 1.1755, GBPUSD is growing towards […]

Aug 25
Pre-order FCNB’s latest free resource

The Financial and Consumer Services Commission of New Brunswick (FCNB) is excited to share a new initiative aimed at encouraging female consumers to gain confidence, take control of their personal finances and build good saving habits to help grow their financial resilience. FCNB has created a 2023 calendar, one for both official languages, as a […]

Aug 25
Palladium Wave Analysis – 25 August, 2022

• Palladium reversed from round support level 2000.00 • Likely to rise to resistance level 2300.00 Palladium recently reversed up from the round support level 2000.00 (which stopped the previous minor correction (iv) from the start of August). The support area near the support level 2000.00 was strengthened by the lower daily Bollinger Band, support […]

Aug 25
GBPAUD Wave Analysis – 25 August, 2022

• GBPAUD broke support level 1.7000 • Likely to fall to support level 1.6800 GBPAUD currency pair recently broke the support level 1.7000 (which stopped the previous minor impulse wave 1 from the start of August). The breakout of the support level 1.7000 coincided with the breakout of the daily down channel from the start […]