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Month: January 2022

Cryptocurrencies

GBP/USD Could Rally Further Above 1.3600

Key Highlights GBP/USD extended increase above the 1.3550 resistance zone. A major bullish trend line is forming with support near 1.3525 on the 4-hours chart. EUR/USD failed to continue above 1.1380 and corrected lower. Crude Read more…

By , 4 years ago January 11, 2022
Cryptocurrencies

Currency Pair of the Week: USD/CNH

Last Friday, US Non-Farm Payrolls underwhelmed markets with a print of +199,000 vs an expectation of +400,000. However, the Unemployment Rate fell to 3.9% from 4.1% and Average Hourly Earnings increased by 0.6% MoM vs Read more…

By , 4 years ago January 11, 2022
Cryptocurrencies

CPI Preview: Can We Get a 7?

On Wednesday, the US will release the December Consumer Price Index (CPI).  The headline print is expected to be the highest in 40 years at 7.0% YoY (some forecasts are higher) vs a 6.8% YoY Read more…

By , 4 years ago January 11, 2022
Cryptocurrencies

Former Football Star Wants To Connect NFTs With The Real World

NFL free agent Dez Bryant is launching a series of NFTs that reflect players’ real-time sports stats. National Football League star Dez Bryant is joining a growing list of famous names to tap into the Read more…

By , 4 years ago January 11, 2022
Cryptocurrencies

Rivian COO Leaves; Company Reports Full Year Production

Electric truck maker meets lowered production forecast Electric vehicle maker Rivian  (RIVN) – Get Rivian Automotive, Inc. Class A Report said Monday its chief operating officer, Rod Copes, has left the company. Separately it reported production figures Read more…

By , 4 years ago January 11, 2022
Cryptocurrencies

Planet 13 Makes a Big Move to Grow Its California Cannabis Business

The marijuana retailer has a deal to buy Next Green Wave, a cultivation and production company. Planet 13 (PLNHF) has a methodical plan to bring its Superstore model around the country.  The cannabis retailer has Read more…

By , 4 years ago January 11, 2022
Cryptocurrencies

Tilray Stock Affirmed Outperform at Cowen; Cost Cuts Ahead of Plan

Tilray shares were affirmed outperform at Cowen, which said profitability benefited as the cannabis company was ahead of schedule on cost-cutting. Tilray  (TLRY) – Get Tilray, Inc. Report shares were affirmed outperform at Cowen, which said Read more…

By , 4 years ago January 11, 2022
Cryptocurrencies

What Is Diversification? Definition, Strategies & Examples

A diverse portfolio can help minimize losses during times of volatility and financial uncertainty.  Simone Hutsch via Unsplash; Canva What Is Diversification in Investing? In finance and investing, diversification is a popular term for mitigating Read more…

By , 4 years ago January 11, 2022
Cryptocurrencies

Has Ethereum Lost Its Touch?

Ether, the native currency of ethereum, the most-used blockchain, has been in free fall since January despite being the crypto of NFTs. “Should I buy Ethereum?”, asks crypto influencer Ben Armstrong, known in the crypto space Read more…

By , 4 years ago January 11, 2022
digital

Google exec says Apple is ‘holding back’ customers who text

On Saturday, Android boss Hiroshi Lockheimer accused Apple of “using peer pressure and bullying as a way to sell products,” after a Wall Street Journal report revealed how US teens have turned Apple’s iMessage into Read more…

By , 4 years ago January 11, 2022

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