Latest Market News
RBA Looking to Hike Sooner Than ExpectedThe Aussie Dollar has been the strongest performer of the day following a hawkish surprise at the RBA rates meeting overnight. While no change in monetary policy was announced, the tone of the meeting statement struck a much more hawkish note with the RBA removing the word “patient” from […]
ETH Breaks OutThe resolution from the recent triangle formation highlighted in ETH has seen price triggering the breakout play through 3310.5. The continued recovery in risk appetite, particularly in tech stocks, has helped crypto assets perform much better over recent weeks. With both MACD and RSI bullish here, the market looks primed for further upside […]
Whenever Elon Musk does something on Twitter, the crypto market moves in response. Publishing a tweet, changing his profile picture or adding “#Bitcoin” on his bio affects the markets — the latter even more so, sending Bitcoin (BTC) price up by 20%. This is why the community lies in anticipation of what Musk‘s Twitter investment […]
Stocks were mixed after opening with small losses Tuesday, a day after gaining ground in a tech-led rally, as investors monitored developments in the Russia-Ukraine war and awaited more clues on the Fed’s plans for tightening monetary policy. The Dow Jones Industrial Average DJIA, +0.52% was up 80 points, or 0.2%, at 35,002, while the […]
The U.S. Centers for Disease Control and Prevention is planning to revamp itself following a one-month review by an outside senior federal health official, according to its head, Dr. Rochelle Walensky. The move comes after criticism of the agency for its handling of the pandemic, and in particular for issuing confusing guidance over masking, isolation […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the rising channel’s downside border at 1.0971; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1055 and then resume moving downwards to reach 1.0780. Another signal in favour […]