News
Piper Sandler analyst Rob Owens cut his rating on DocuSign Inc.’s stock DOCU, -1.15% to underweight from neutral overnight, citing the potential for elevated risk given a leadership transition, employee turnover, and economic uncertainty. “All of these factors contribute to a challenging backdrop for potential revenue reacceleration in the near-term, in our view,” Owens wrote. […]
EURUSD, “Euro vs US Dollar” Having finished the descending wave at 1.0155, EURUSD is correcting up to 1.0222. After that, the instrument may fall to break 1.0140 and then continue moving within the downtrend with the short-term target at 1.0064. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed the descending wave at 1.1953 […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, having rebounded from the support at 3/8, USDCHF is consolidating. In this case, the pair is expected to grow towards the resistance at 5/8. However, this scenario may be cancelled if the price breaks 3/8 to the downside. After that, the […]
Passport, sunglasses, beach towel and Bitcoin (BTC)? A BTC enthusiast on vacation demonstrated that the world’s largest cryptocurrency could soon become a holiday essential. Eugenio, a Costa Rican Bitcoin maximalist, paid his way on holiday with just Bitcoin in his wallet during a long weekend on Costa Rica’s Pacific coast. A hotspot for Bitcoin adoption […]
Senate Majority Leader Chuck Schumer, D., N.Y., Ron Wyden, D., Ore., and Cory Booker, D., N.J. have filed the long-awaited Cannabis Administration and Opportunity Act more than a year after releasing a draft of the measure, Politico reported on Thursday. The measure is not expected to get 60 votes needed for passage in the Senate, […]
Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]