Day: October 25, 2022

Oct 25
Forex Technical Analysis & Forecast 25.10.2022

EURUSD, “Euro vs US Dollar” Today the pair continues forming a consolidation range around 0.9877. Another link of growth to 0.9944 is expected, and after it is reached, a decline to 0.9791 might start. GBPUSD, “Great Britain Pound vs US Dollar” The pair continues forming a consolidation range around 1.1326. Another link of growth to […]

Oct 25
Murrey Math Lines 25.10.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, indicating the prevalence of a downtrend. The RSI has broken through the support level. A test of 3/8 (0.6225) should be expected, followed by a breakaway and falling to the support level of 2/8 (0.6103). The scenario can be cancelled […]

Oct 25
Western Union may be planning to expand its digital offerings far beyond remittances

Trademark applications seem to hint at an asset and commodities exchange, insurance, and Western Union’s own token as it faces increasingly diverse competition in the remittances market. 773 Total views 63 Total shares Western Union may be preparing to offer crypto-related services, judging from trademark applications filed by the company last week. This is the […]

Oct 25
Stocks log sharp gains to end near session highs as yields pull back

Stocks rallied sharply on Tuesday, finding support as investors weighed a stream of earnings and a retreat in Treasury yields. The Dow Jones Industrial Average DJIA, +1.07% rose nearly 340 points, or 1.1%, to close near 31,837, according to preliminary figures, while the S&P 500 SPX, +1.63% advanced around 62 points, or 1.6%, to finish […]

Oct 25
Bitcoin trades above $20,000 for first time in 2 weeks as Treasury yields pull back

Bitcoin BTCUSD, -0.18% is trading above $20,000 Tuesday to the highest level since Oct. 6, amid renewed hopes among investors that the Federal Reserve may slow the pace of its aggressive rate hikes by year-end. Bitcoin went up 5% Tuesday while Ether ETHUSD, -0.07% rallied 11% to around $1,500, the loftiest level since Sept. 15, […]

Oct 25
Universal Health Services Q3 results beat estimates, stock rockets higher

Universal Health Services Inc. UHS, +3.90% jumped 12% after hours after the hospital and health-facility operator reported third-quarter results that beat estimates. The company reported net income of $182.8 million, or $2.50 a share, compared with $2.60 a share, during the third quarter of 2021. Net sales rose 5.7% to $3.34 billion, compared with $3.16 […]

Oct 25
Ecosystem is bullish on the metaverse, no matter what the numbers imply

Despite the reports surfacing of low numbers of unique active wallets on Decentraland, the metaverse hype, investment and development go on. Source: Cointelegraph

Oct 25
Earthquake rattles Silicon Valley, San Francisco

An earthquake with a preliminary magnitude of 5.1 was felt throughout the San Francisco Bay Area on Tuesday, around 11: 42 a.m. Pacific time. The United States Geological Survey reported the 5.1 magnitude quake, as well as an aftershock that registered roughly 3.1 on the Richter scale about 5 minutes later, and said that it […]

Oct 25
Russia using tactical nuclear weapon would be ‘serious mistake,’ Biden says

President Joe Biden on Tuesday warned Russia that use of a tactical nuclear weapon would be “an incredibly serious mistake.” The president was speaking after getting an updated COVID booster at the White House. Biden was asked by reporters about possible use by Russia of nuclear weapons. Earlier this month, Biden warned that the risk […]

Oct 25
Zara parent Inditex agrees to sell its Russia business to Middle Eastern Daher Group

Spanish clothing retailer Inditex, parent to Zara, said Tuesday it has reached an agreement to sell its Russia business to Daher Group. The move comes after it halted operations in Russia on March 5 in protest at that country’s unprovoked invasion of neighboring Ukraine. “The terms of the transaction, subject to government approval, will enable […]