Latest Market News

Tyson Foods Inc. TSN, -0.99% Chief Executive Donnie King said beef prices aren’t rising because the packaged meats company just decided to raise prices, but because of “market forces” including strong demand, COVID-19-related labor shortages that constrained production and record inflation. “Tyson does not set the prices for either the cattle we buy or the […]

When a Lamborghini owner didn’t have cash on them to pay for their repair job, they used Bitcoin to pay Kansas City welder JayFab. 615 Total views 15 Total shares The Bitcoin meme “Wen Lambo” might be making a comeback. For JayFab, a Redditor who owns and operates a welding and fabrication company, it’s certainly […]

U.S. new-home sales decreased 8.6% to an annual rate of 763,000 in March, the government said Tuesday. That figure represents the quantity of homes that would be sold over a yearlong period of time if the same number of properties were bought each month based on the rate of sales in March. Compared to a […]

EURUSD hit another bottom and remains extremely weak.  The major currency pair reached new lows yesterday. The current quote for the instrument is 1.0707. The market is currently against the Euro due to the difference in interest rates and monetary strategies of the US Fed and the ECB. However, there is a nuance – investors […]

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of a new correctional impulse. In this case, the upside correctional target may be at 1.0785. However, an alternative scenario […]

The dollar has surged to a two-year high as a result of growth concerns and rate bets. The dollar soared to a two-year high on Tuesday, while the euro fell to its lowest level since March 2020, as investors worried about the economic impact of China’s COVID-19 lockdowns and rising expectations for a major U.S. […]