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President Joe Biden on Thursday said he will go to Florida “when the conditions allow it” to thank first responders who have helped victims of Hurricane Ian. Speaking at Federal Emergency Management Agency headquarters in Washington, Biden said the storm could be “the deadliest hurricane in Florida’s history,” and noted early reports of “what may […]

Acrimoto Inc. FUV, -8.33% announced Thursday a restructuring, with an aim of cutting its payroll expenses by 32% as part of its efforts to become profitable. The stock was halted for news until 1: 30 p.m. Eastern. The Oregon-based maker of “incredibly fun” electric vehicles for “moving people and stuff,” said the restructuring is expected […]

• EURCAD broke resistance level 1.3300 • Likely to rise to resistance level 1.3500 EURCAD currency pair rising strongly after the breakout of the resistance level 1.3300 (top of wave (i) from the middle of September) intersecting with the two resistance trendlines from March and February. The breakout of the resistance level 1.3300 continues the […]

• EURGBP reversed from long-term resistance level 0.9200 • Likely to fall to support level 0.8800 EURGBP falling after the pair reversed down from the powerful long-term resistance level 0.9200 (which has been reversing the price from the middle of 2020), standing far above the upper weekly Bollinger Band. The downward reversal from the resistance […]

Bitcoin (BTC) traders lay in wait for fresh volatility on Sept. 29 as BTC/USD cooled near $19,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Volatility absent a day before the monthly close Data from Cointelegraph Markets Pro and TradingView charted a calm overnight phase for the largest cryptocurrency, which hit intraday highs above $19,600 the […]

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch