News

Aug 24
Biden to give speech at 2:15 p.m. Eastern amid expectations for move on student loans

President Joe Biden plans to give a speech at the White House at 2: 15 p.m. Eastern Wednesday, the White House press office said in a statement. The speech is coming as his administration looks poised to make an announcement on canceling student-loan debt and extending a pause on loan repayments.

Aug 24
Twitter had recent correspondence with the SEC over user-count methodology

Twitter Inc. TWTR, +2.41% received a letter from the Securities and Exchange Commission in June asking for more information on the company’s latest annual report and user-count methodologies, and Twitter responded to the inquiries later that month, according to letters released on the Edgar platform Wednesday. The SEC document from June 15 asked Twitter to […]

Aug 24
Australia’s markets regulator to prioritize shielding citizens from crypto harm

Australia’s financial regulator, Australia’s Securities and Investments Commission (ASIC) has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years.  According to ASIC’s newly released “Corporate Plan” released on Tuesday, the financial regulator said it will be focusing on “digitally enabled misconducts” as “emerging technologies and products […]

Aug 24
Oil futures fall as Iran reportedly reviews U.S. response to the EU nuclear deal proposal

Oil futures moved lower in Tuesday dealings, as reports say that Iran is assessing the U.S. response to the European Union’s draft nuclear deal. Nasser Kanaani, spokesman for the Foreign Minister in Tehran, said Wednesday that Iran would comment on Washington’s reply through the EU when the assessment is complete, according to a report from […]

Aug 24
The Pound continues getting cheaper. Overview for 24.08.2022

GBPUSD hit the low of March 2020; the asset remains under pressure. The Pound Sterling hit a new bottom against the USD. The current quote for the instrument is 1.1823. Yesterday, the Pound was testing the low it reached on 23 March 2020, at 1.1717. Just like we said before, the Pound must be feeling […]

Aug 24
Japanese Candlesticks Analysis 24.08.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns close to the support level, such as Inverted Hammer, USDCAD may reverse in the form of a new ascending impulse. In this case, the upside target may be at 1.3045. Later, the market may break this […]