Latest Market News
Mitsui is reportedly planning to launch its gold-pegged stablecoin ahead of DCJPY, another major Japanese stablecoin project. 1944 Total views 31 Total shares Japanese trading house Mitsui is reportedly planning to issue a cryptocurrency pegged to gold, local news agency Nikkei Asia reported Friday. Called ZipangCoin (ZPG), Mitsui’s new digital currency will reportedly be issued […]
U.S. stock benchmarks were trading mixed Friday morning but market internals suggest that investors on New York Stock Exchange-listed are in a buying mood. The Arms Index Arms Index, a volume-weighted breadth measure, fell to 0.466, while many on Wall Street see declines below 0.500 as suggesting panic buying. The Arms Index is calculated by […]
An uptick in trading volume is one of the key components of a digital asset’s healthy market outlook. It indicates both robust liquidity and a surge in fellow traders’ enthusiasm for the token. The relationship between the asset’s price and trading volume is a nuanced one: Volume spikes often trail strong rallies as more and […]
Knight-Swift Transportation Holdings Inc. KNX, -0.62% said Friday it raised its quarterly dividend by 20%, to 12 cents a share from 10 cents. The freight transportation company’s new dividend will be payable March 28 to shareholders of record on March 4. Based on Thursday’s stock closing price of $56.74, the new annual dividend rate implies […]
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 […]