News

Jun 18
FOMO Friday: Swissy Crumbles on Surprise SNB Hike

Another week comes to a close and as the weather heats up here in London it seems the markets are getting hotter also. There have been plenty of interesting developments and noteworthy moves this week. However, in FX especially, it seems the big move that has captured trader’s attention is the huge rally we’ve seen […]

Jun 18
WWE’s Vince McMahon steps aside as CEO during investigation

World Wrestling Entertainment Inc. WWE, -3.64% Chief Executive Vince McMahon is stepping aside from that role as well as chairman during an investigation into a Wall Street Journal report that McMahon agreed to pay $3 million in hush money to a former employee over an alleged affair, the WWE announced Friday. In a release, the […]

Jun 18
Number of medical cannabis patients more than quadrupled by 2020 from 2016: Study

The number of people with medical cannabis licenses in the U.S. rose to 2.97 million in 2020 from 678,408 in 2016, according to a study of state data published this week in the Annals of Internal Medicine. The most common qualifying condition reported by patients in 2020 was chronic pain (60.6%), with posttraumatic stress disorder […]

Jun 18
Baker Hughes reports a second straight weekly rise in the U.S. oil-drilling rig count

Baker Hughes BKR, +0.27% on Friday reported that the number of active U.S. rigs drilling for oil was up by four to 584 this week. That followed an increase of six oil rigs the week before, Baker Hughes data show. The total active U.S. rig count, which includes those drilling for natural gas, climbed by […]

Jun 18
Forex Technical Analysis & Forecast 17.06.2022

EURUSD, “Euro vs US Dollar” The pair has formed w consolidation range around 1.0440 and with an escape upwards suggests a correction to 1.0620. Then the trend is likely to continue down to 1.0380. And if this level is also broken, a pathway to 1.0270 will open. GBPUSD, “Great Britain Pound vs US Dollar” The […]

Jun 18
SILVER FUTURES (SILVER1!), H1 Potential For Bullish Momentum

Type: Bullish RiseKey Levels:Resistance: 62338Pivot: 61354Support: 60446Preferred Case:On the H1, price is moving above the ichimoku cloud and has broken out from descending trendline which supports our bullish bias that price will rise from the pivot at 61354 where the swing low support is to the 1st resistance at 62338 in line with the swing […]