Latest Market News
Fed Fuels Dollar RallyThe USDCHF breakout idea issued ahead of the FOMC meeting minutes is now close to reaching its initial target at .9288. With the minutes confirming that the Fed is well and truly in hawkish mode, the market is primed towards further USD upside, especially against currencies linked to central banks still stuck […]
Markets Under Pressure As Traders Await US CPIAnother dreary start to the week for benchmark global equities indices. The leading indices tracked here were all seen in the red yesterday as Fed tightening expectations continues to weigh on sentiment. While we did see a rebound off the lows yesterday, most notably in the S&P, the […]
Ether (ETH) has been an emotional rollercoaster over the past three months primarily because its price rallied twice. First, it peaked at $4,870 on Nov. 10 and at $4,780 on Dec. 1. However, the double top was quickly followed by a harsh rejection, which led to $490 million in long futures contract liquidations in 48 […]
Facebook parent Meta Platforms Inc. FB, +1.92% on Tuesday named DoorDash Inc. DASH, +7.64% Chief Executive Tony Xu to its board, effective immediately. “Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and small businesses,” Meta CEO Mark Zuckerberg said in a statement. […]
The FTC has alerted everyone to stay vigilant of a new payment scam involving impersonators and crypto ATMs. 2717 Total views 50 Total shares The United States Federal Trade Commission published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a […]
Given an outlook for high U.S. inflation that’s likely to persist beyond 2022, Gargi Chaudhuri of BlackRock Inc., the world’s biggest asset manager, says investors should continue to hedge their portfolios with exchange-traded funds focused on inflation-linked bonds, commodities, infrastructure and real estate. Wednesday’s consumer-price report for December is likely to produce a headline year-over-year […]