Oil Turns On a DimeThe final week of H1 comes to an end and it’s certainly been something of a finale for traders. We’ve seen plenty of action this week with a host of big moves and key developments across financial markets. Looking away from the FX space for a change, it seems that outside […]
Credit AgricoleCHF: no denying parity no more EUR/CHF dipped below parity yesterday for the first time since 7 March, as prior to that such levels had not been seen since January 2015 and the aftermath of the floor removal. Three months ago, the pair was quick to reverse higher as the SNB possibly lent a […]
Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either. 3457 Total views 8 Total shares Bitcoin (BTC) has seen its worst quarterly loss in 11 years with price and activity on the blockchain both […]
Facebook owner Meta is bracing for a sharp downturn, with plans to cut 30% of engineer jobs this year, Chief Executive Officer Mark Zuckerberg told employees on Thursday, Reuters reported. “If I had to bet, I’d say this might be one of the worst downturns that we’ve seen in recent history,” Zuckerberg said during a […]
The difficulty bomb has been successfully delayed according to core dev Tim Beiko and Ethereum ecosystem developer Nethermind. 1200 Total views 7 Total shares The difficulty bomb-delaying Gray Glacier hard fork went live on Ethereum on Thursday without a hitch according to the network’s core devs including Ethereum Foundation’s Tim Beiko. The Sepolia testnet is […]
FedEx Corp. FDX, -3.04% was downgraded to hold from buy, and its price target cut to $275 per share from $300 by Berenberg analysts, who said the shipping giant had become “too much of a ‘show-me story. Shares had seen a recent reprieve amid a CEO change and apparent influence of an activist investor, analysts […]