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The 2-year Treasury yield TMUBMUSD02Y, 2.721% advanced two basis points to almost 2.72% on Friday, incrementally climbing to another fresh high last seen in December of 2018, according to FactSet data as of 3 p.m. Eastern time. The rate climbed around 28 basis points for the week as traders began to price in the likely […]

Memecoins briefly took the cryptocurrency market by storm in 2021 after steady attention and shilling from big-name influencers like Elon Musk and Mark Cuban helped propel coins like Dogecoin (DOGE) to 100x gains.  As one should expect, in the crypto market, rapidly rising prices have a tendency to reverse course just as fast and many […]

U.S. stocks remained on track for the biggest one-day drop since early March, but came off session lows after Cleveland Federal Reserve Bank President Loretta Mester said she didn’t see a need for a 75 basis point rate hike. In a CNBC interview, Mester said she would prefer a “methodical approach” rather than the “shock” […]

The exchange said it was “categorically false” that it shared user data with Russian regulators, and it had stopped working in the country following the invasion of Ukraine. 525 Total views 9 Total shares Major crypto exchange Binance challenged the accuracy of a report, which stated one of its regional heads agreed to supply Russia’s […]

Stocks finish sharply lower Friday to book weekly losses, as Wall Street focused on a potentially compressed timeline for the Federal Reserve to swiftly raise interest rates in a bid to curtail inflation at 1980s levels. The Dow Jones Industrial Average DJIA, -2.82% shed about 981 points, or 2.8%, ending near 33,811. It marked the […]

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset is reversing in the form of another rising impulse. In this case, the upside target may be the resistance level at 1995.00. At the […]