Latest Market News
El Salvador’s President Nayib Bukele publicly called out Reuters for spreading “FUD” about delays in the country’s $1 billion ‘volcano bond.’ 339 Total views 18 Total shares El Salvador President Nayib Bukele took to Twitter on Wednesday evening, hitting out at a Reuters report claiming Binance CEO Changpeng Zhao (CZ) was flying in to save […]
Stocks extended gains into the closing bell Thursday, with the S&P 500 and Nasdaq Composite reclaiming all of the previous day’s losses and then some. Equities bounced as oil futures pulled back after ending around two-week highs and data showed the number of first-time jobless claims fell to their lowest since 1969. The Dow DJIA, […]
“Once crypto exchanges are compliant, the SEC’s primary reason for denying spot Bitcoin ETFs would no longer be valid, likely clearing the way for approval,” said the analysts. 2077 Total views 63 Total shares Eric Balchunas and James Seyffart, exchange-traded fund (EFT) analysts for Bloomberg, said that a proposed rule change with the United States […]
The U.S. House of Representatives is planning to vote for the second time on the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act to legalize cannabis at the federal level next week, according to a Thursday article in Marijuana Moment. Cannabis stocks rose sharply in late trading, with Canopy Growth Corp GCG, -1.21% up 12%, Trulieve […]
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. In this case, the price is expected to test 5/8, break it, and then continue growing to reach the resistance at 6/8. However, this scenario may be […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Harami pattern not far from the resistance level. At the moment, the asset is reversing in the form a new correctional impulse. In this case, the downside correctional target may be the support area at 1920.00. At the […]