Latest Market News
The regulatory body said it was “appropriate to designate a longer period” to approve or disapprove of the proposed Bitcoin ETF. 1791 Total views 34 Total shares The U.S. Securities and Exchange Commission has extended its window to approve the ARK 21Shares Bitcoin exchange-traded fund (ETF) originally proposed in July 2021. According to a Tuesday […]
Billionaire hedge fund manager Bill Ackman on Wednesday said his firm has purchased more than 3.1 million shares of Netflix Inc. NFLX, -1.83%, making it a top-20 holder. “The opportunity to acquire Netflix at an attractive valuation emerged when investors reacted negatively to the recent quarter’s subscriber growth and management’s short-term guidance. Netflix’s substantial stock […]
EURUSD, “Euro vs US Dollar” After finishing another descending structure at 1.1263, EURUSD is growing towards 1.1315, thus forming a new consolidation range around the latter level. If later the market breaks the range to the upside, the price may form one more ascending structure towards 1.1400; if to the downside – start a new […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1303; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1315 and then resume moving downwards to reach 1.1195. Another signal in favour of a further downtrend will be a […]
The Bank of Japan may be mulling over following the suit of its peers and finally pick a course on raising rates. According to early rumors, this may happen before inflation hits its 2% target as the swift pace of its recovery could warrant an early policy action.BoJ is not expected to make a rate […]
Market Looking For March Rate Hike SignalLooking ahead to today’s FOMC meeting, the market is firmly expecting a hawkish delivery from the Fed. While no policy adjustment is expected at this point, the market is, however, looking for the Fed to essentially confirm a rate hike in March. Pricing for a March lift off has […]