News
Plant-based Very Good Food Co. Inc. VGFC, -20.06% said Wednesday that it is temporarily lowering both production and headcount, halting non-critical capital expenditures, and taking other steps to manage liquidity and drive profitability. Supply chain disruptions have driven inventory to levels that require a pullback in production. The company says it will also focus on […]
On 8 March 2022, BaFin imposed an administrative fine amounting to 68,000 euros on Voltabox AG. The sanction related to a breach of section 114 (1) sentence 2 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). Voltabox AG failed to publish an announcement, stating the date and the website on which the accounting documents […]
USDJPY passed the highs of December 2016 and intends to continue the rally. The Japanese Yen plummeted against the USD and may get even weaker. The current quote for the instrument is 118.28. The last times the Yen was so low was in December 2015 and 2016, when the asset reached 123.00. Intriguingly, the Japanese […]
EURUSD is consolidating and waiting for the March meeting of the US Fed to be over. The major currency pair slowed down its growth and is currently waiting for news. The latest quote for the instrument is 1.0997. The two-day meeting of the US Fed is scheduled to be over later today. It’s hard to […]
All Eyes On The FedThe US Dollar is trading a little softer ahead of the March FOMC decision later today. However, with the Dollar index sitting just off highs, traders are braced for a USD breakout if the Fed delivers on hawkish signals ahead of the meeting. The market is widely expecting the bank to […]
Type: Bullish ContinuationKey Levels:Resistance: 4.940Pivot: 4.497Support: 3.361Preferred Case:We see the potential for a further bullish bounce from our Pivot at 1924.0 which is a graphical swing low support and in line with 161.8% Fibonacci projection towards our 1st resistance at 1976.5 in line with 78.2% Fibonacci projection. Our bullish bias is further supported RSI being […]