Latest Market News

May 20
Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’

“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino. 2422 Total views 40 Total shares Tether (USDT) and Bitfinex chief technology officer Paolo Ardoino said that the Terra (LUNA) project was not intended to be a rug pull, […]

May 20
Dippin’ Dots to be acquired by ICEE parent J&J Snack Foods for $222 million

ICEE and Minute Maid frozen beverage parent J&J Snack Foods Corp. JJSF, +3.49% announced Thursday an agreement to buy flash-frozen beaded ice cream maker Dippin’ Dots LLC for $222 million. The deal, which is expected to close by the end of June, will be funded through cash and debt financing. The deal is expected to […]

May 20
Ichimoku Cloud Analysis 20.05.2022 (EURUSD, USDCAD, GBPUSD)

EURUSD, “Euro vs US Dollar” EURUSD is no longer moving within the bearish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.0515 and then resume moving upwards to reach 1.0750. Another signal in favour of a […]

May 20
Japanese Candlesticks Analysis 20.05.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support level, USDCAD is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.2900. However, an alternative scenario implies that the asset may fall […]

May 20
The 10-year yield in the United States has fallen to a three-week low as weak data fans growth fears.

The 10-year yield in the United States has fallen to a three-week low as weak data fans growth fears. US Treasury yields fell on Thursday, with those on benchmark 10-year notes falling to three-week lows, as continued softness in US economic data fueled growth concerns despite the Federal Reserve’s aggressive path of monetary tightening. Yields […]

May 20
China’s jet fuel production falls to a 10-year low

The production of jet fuel in China witnessed a sharp decline, during the month of April, as part of the price the country is paying in its fierce war against the Corona virus, which was born globally for the first time from the womb of the Chinese city of Wuhan in March of the year […]