News
An uptick in trading volume is one of the key components of a digital asset’s healthy market outlook. It indicates both robust liquidity and a surge in fellow traders’ enthusiasm for the token. The relationship between the asset’s price and trading volume is a nuanced one: Volume spikes often trail strong rallies as more and […]
Knight-Swift Transportation Holdings Inc. KNX, -0.62% said Friday it raised its quarterly dividend by 20%, to 12 cents a share from 10 cents. The freight transportation company’s new dividend will be payable March 28 to shareholders of record on March 4. Based on Thursday’s stock closing price of $56.74, the new annual dividend rate implies […]
EURUSD upsurged after the ECB meeting. The major currency pair skyrocketed after the ECB’s February meeting. the current quote for the instrument is 1.1450. The Euro rose against all traded currencies after the European Central Bank declined the possibility of keeping its benchmark interest rate unchanged this year. During its February meeting, the ECB decided […]
AUDUSD, “Australian Dollar vs US Dollar” The daily chart shows a double test of the long-term 38.2% fibo and an update of the low, as well as convergence on MACD. In this case, the pair is expected to start a new rising correction, which may later be followed by a further downtrend towards 50.0% and […]
Another Record Breaking Week For ZuckerbergIt’s been a record-breaking week for Facebook, sorry, Meta Platforms Inc this week. Shares in Facebook plummeted yesterday in response to a weaker-than-expected set of Q4 earnings. Technology shares in general have been on the ropes recently amidst a broader sell-off linked to rising US inflation expectations and Fed monetary […]
USD On The DeclineThe January US labour reports are due later today and hold the potential to cause big market volatility. The Dollar has come under heavy pressure this week amidst the narrative that the policy gap between the Fed and other central banks in the G10 is rapidly closing. An uptick in hawkishness from […]