Day: October 6, 2022
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading above the 200-day Moving Average to indicate a possible ascending tendency. The Relative Strength Index has rebounded from the support. In this case, the pair is expected to break 5/8 (0.9826) and then continue growing towards the resistance […]
President Joe Biden on Thursday said he will pardon all prior federal offenses of simple possession of marijuana. “There are thousands of people who have prior federal convictions for marijuana possession, who may be denied employment, housing, or educational opportunities as a result,” Biden said in a statement. “My action will help relieve the collateral […]
A warehouse in the Netherlands swapped out natural gas for Bitcoin miner heating — saving money, efficiency and the planet. Source: Cointelegraph
Republican Sen. Ben Sasse of Nebraska is expected to retire in order to become president of the University of Florida, according to multiple published reports on Thursday. The university said in a news release on Thursday that its Presidential Search Committee has “unanimously recommended United States Senator Dr. Ben Sasse as the sole finalist for […]
Optimism that the Federal Reserve might back off of aggressive interest rate hikes is giving way to something else within financial markets: A feeling that things won’t likely get better for investors from here. Financial markets have vacillated between two narratives: One in which the prospects of weaker growth and financial instability force policy makers […]
Shares of Tesla Inc. TSLA, -0.59% rose 0.3% in afternoon trading Thursday, after S&P Global Ratings raised the electric vehicle (EV) maker’s credit rating by two notches into “investment grade” territory, given higher-than-expected deliveries and a ramp up in production to meet strong demand. The rating was raised to BBB, which is the second-lowest investment […]
Gold futures ended unchanged on Thursday as investors await cues from the monthly U.S. jobs report due Friday. Everyone will be “closely watching tomorrow’s U.S. September nonfarm payrolls and its impact on the November Federal Reserve meeting,” said Chintan Karnani, director of research at Insignia Consultants. There has to be an increase in unemployment in […]
The House committee investigating the Jan. 6, 2021, attack on the U.S. Capitol has scheduled its next public hearing for Oct. 13 at 1 p.m. Eastern, the panel announced Thursday. The bipartisan committee has been building a case against former President Donald Trump in a series of televised hearings, and next week’s may be its […]
Air Products & Chemicals Inc. APD, -1.70% said Thursday it plans to invest about $500 million to build and operate a green hydrogen production facility in Massena, New York, as well as liquid hydrogen distribution operations. The industrial gases company expects the investment to create 90 jobs. The company expects commercial operation of the facility […]
• EURGBP reversed from support level 0.8675 • Likely to rise to resistance level 0.8800 EURGBP currency pair recently reversed up from the key support level 0.8675 (previous monthly high from June), intersecting with the 61.8% Fibonacci correction of the upward impulse from August. The upward reversal from this support level 0.8675 stopped the earlier […]
