Latest Market News
The uptrend in USDJPY continues, market players are interested in buying. The Japanese Yen is falling against the USD and updating its 7-year lows. The current quote for the instrument is 123.75. Demand for the “greenback” as a “safe haven” asset remains quite high, forcing the Yen to fall. In addition to that, there is […]
USDRUB Reverses Sharply The US Dollar has fallen almost 21% against the Ruble today and is now down around 42% from the all time highs printed earlier this month. The driver behind the reversal in USDRUB appears to be news over the weekend that Russia will now demand all “unfriendly” countries make their oil and […]
GBPJPY Breakout CompleteThe rally in GBPJPY has seen the pair hitting the final target for the breakout trade from 157.88 at 162.59. The rebound in risk assets over recent weeks has fuelled a high level of outflow from JPY. Meanwhile, hawkish BOE expectations continue to keep the Pound supported against JPY. The retail market continues […]
Bitcoin (BTC) is attempting to reclaim a key long-term moving average, but the time to buy is before, not after, one metric hints. In a series of tweets on March 29, on-chain monitoring resource Ecoinometrics eyed a classic entry for BTC/USD as flagged by the Mayer Multiple. Mayer Multiple nears pivot Bitcoin price strength has […]
Shares of TJX Companies Inc. TJX, +3.74% rallied 3.7% in afternoon trading Tuesday, after the discount apparel and home fashions retailer raised its dividend by 13.5% and announced plans to repurchase up to $2.5 billion worth of stock in the current fiscal year. The new quarterly dividend of 29.5 cents a share, up from 26 […]
Although Huobi Tech shares a common name with the popular crypto exchange platform Huobi Global, it has no relation with the crypto firm and works independently. 844 Total views 7 Total shares Huobi Tech, a public listed fund manager in Hong Kong, plans to launch a cryptocurrency tracking exchange-traded fund (ETF) for retail investors. The […]