Latest Market News

Apr 12
Forex Technical Analysis & Forecast 12.04.2022

EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 1.0870. If the price breaks this range to the downside, the instrument may start a new decline with the target at 1.0804 or even extend this structure down to 1.0750. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues consolidating around 1.3030. Possibly, the pair […]

Apr 12
Shell resumes operations of the world’s largest floating LNG plant

Today, Shell International resumed shipment of liquefied natural gas (LNG) from the Prelude facility, the world’s largest floating LNG terminal, located off northwest Australia, after a 4-month shutdown due to a major blackout. A Shell spokesman said that a shipment of liquefied gas had completed its loading and had left the site, yesterday evening, Sunday, […]

Apr 12
Market Spotlight: Bitcoin Channel Trade

BTC Approaching Key SupportThe fall back in risk appetite over the last two weeks has hit crypto assets hard. BTC has reversed from recent highs around 4800, taking out two key support levels as both MACD and RSI turn lower. BTC is now approaching a major support region at the rising channel low and 37030 […]

Apr 12
Market Spotlight: US CPI & NZDUSD

US CPI Up NextLooking ahead to today’s US session and the key focus will be the release of US CPI for March. In light of hawkish comments from various Fed members last week, as well as further hawkish details in the FOMC minutes, today’s data holds the power to drive USD further higher. In terms […]

Apr 12
Ariana Grande’s fundraiser for trans visibility adds crypto option

Pledge has also introduced a mechanism allowing each crypto transaction to contribute to verified carbon offset initiatives via the United Nations Climate Neutral Now Initiative. 772 Total views 32 Total shares Fundraising platform Pledge has launched PledgeCrypto to allow nonprofits to accept crypto donations in more than 130 cryptocurrencies — including Bitcoin (BTC), Ether (ETH) […]

Apr 12
Insurance broker Newfront draws $2.2 bln valuation with Goldman Sachs investment

San Francisco-based insurance technology provider Newfront said Tuesday its valuation now tips the scale at $2.2 billion with a $200 million investment from the growth equity business within Goldman Sachs Asset Management and B Capital, with participation from existing investors including Founders Fund and Meritech Capital. Newfront, which employs 800 people and operates an insurance […]