Latest Market News
• NZDCHF reversed from support level 0.5940 • Likely to rise to resistance level 0.6050 NZDCHF currency pair recently reversed up from the strong support level 0.5940 (which has been reversing the pair from the middle of July). The upward reversal from the support level 0.5940 stopped the previous impulse waves 3 and (3). Given […]
Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD while defenders pointed out its overcollateralization. 773 Total views 46 Total shares Aave DAO, the governance body behind decentralized finance (DeFi) giant Aave, has voted practically unanimously to create an overcollateralized stablecoin called GHO. Aave Companies introduced the […]
Black Knight Inc. BKI, -0.84% said Monday that year-over-year home price growth in June dropped by nearly two percentage points, which the data analytics company said was the “greatest single-month slowdown on record” since at least the early 1970s. Black Knight said the slowdown to 17.3% annual home price growth in June from 19.3% was […]
Shares of Boeing Co. BA, +0.14% ran up 4.7% early Monday, to pace the Dow Jones Industrial Average’s DJIA, +0.97% premarket gainers, after the aerospace and defense giant reportedly cleared a hurdle with the Federal Aviation Administration (FAA) that could allow it to resume deliveries of its 787 airliner. The FAA said it would approve […]
EURUSD, “Euro vs US Dollar” EURUSD continues testing the bearish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may re-test the cloud’s upside border at 1.0175 and then resume moving upwards to reach 1.0405. Another signal in favour of a […]
Early in the week, EURUSD is consolidating and waiting for news. The major currency pair prefers to save strengths on Monday. The current quote for the instrument is 1.0222. The most anticipated and nervous event has already happened – the US FOMC raised its benchmark interest rate by 75 basis points, up to 2.25-2.5% last week. Investors […]