Latest Market News
EURUSD upsurged after the ECB meeting. The major currency pair skyrocketed after the ECB’s February meeting. the current quote for the instrument is 1.1450. The Euro rose against all traded currencies after the European Central Bank declined the possibility of keeping its benchmark interest rate unchanged this year. During its February meeting, the ECB decided […]
AUDUSD, “Australian Dollar vs US Dollar” The daily chart shows a double test of the long-term 38.2% fibo and an update of the low, as well as convergence on MACD. In this case, the pair is expected to start a new rising correction, which may later be followed by a further downtrend towards 50.0% and […]
Another Record Breaking Week For ZuckerbergIt’s been a record-breaking week for Facebook, sorry, Meta Platforms Inc this week. Shares in Facebook plummeted yesterday in response to a weaker-than-expected set of Q4 earnings. Technology shares in general have been on the ropes recently amidst a broader sell-off linked to rising US inflation expectations and Fed monetary […]
USD On The DeclineThe January US labour reports are due later today and hold the potential to cause big market volatility. The Dollar has come under heavy pressure this week amidst the narrative that the policy gap between the Fed and other central banks in the G10 is rapidly closing. An uptick in hawkishness from […]
Stocktwits plans to expand its crypto trading services by launching U.S. equity trading and crypto derivatives trading in the coming months. 683 Total views 29 Total shares Investor-focused social media platform Stocktwits, which gained popularity during last year’s ‘retail short squeeze’ frenzy involving GameStop and AMCTheaters, rolled out its own crypto trading services on Thursday. […]
Amazon.com Inc. AMZN, -7.81% disclosed in its annual report Friday that it spent $1.3 billion to repurchase 500,000 shares during the period from Jan. 1, 2022 to Feb. 2. The repurchases were significant, because that’s the first time the ecommerce and cloud giant has bought back stock since 2012, when it spent $960 million to […]