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Month: March 2022

Cryptocurrencies

Australian Economy to Grow by 5.5% in 2022

The Australian economy ended 2021 on a very strong note, expanding by 3.4% in the December quarter – matching the September 2020 outcome, and together the fastest quarterly growth rate since March 1976. The main Read more…

By , 4 years ago March 8, 2022
Cryptocurrencies

GBP/USD Extends Decline, Gold Visits $2K

Key Highlights GBP/USD followed a bearish path below 1.3280. Gold price extended gains and tested the $2,000 resistance. Crude oil price surged to $130 before correcting lower. AUD/USD and NZD/USD performed better than GBP/USD and Read more…

By , 4 years ago March 8, 2022
Cryptocurrencies

The US Dollar Index (DXY): How Much Higher Can it Go?

On February 11th, the US announced that Russia could invade Ukraine any day.  Since then, the US Dollar Index has moved from a low on February 11th of 95.64 to a high today of 99.42, Read more…

By , 4 years ago March 8, 2022
Cryptocurrencies

Currency Pair of the Week: EUR/USD

The ECB meets on Thursday for its March interest rate decision meeting.  Expectations are widely held that the central bank with leave rates unchanged.  However, investors will be watching to see if and how the Read more…

By , 4 years ago March 8, 2022
Cryptocurrencies

Elliott Wave View: Pullback in Gold Should Remain Supported

Short Term Elliott Wave View in Gold (XAUUSD) suggests that cycle from September 30, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from September 30 low, wave 1 ended at Read more…

By , 4 years ago March 8, 2022
Cryptocurrencies

GBP/USD is Down But Not Out

War in Ukraine led GBP/USD to sell off for a third consecutive day on Monday. The pair has dropped by c. 3.26% since the conflict in the Ukraine began on 24 September to recently trade Read more…

By , 4 years ago March 8, 2022
Cryptocurrencies

Coinbase Caves on Russian Sanctions Pressure

The crypto exchange resisted pressure from the authorities to block accounts of Russian individuals and entities. The pressure was rising but it may dissipate entirely now — after an initial period of resisting, Coinbase  (COIN)  has Read more…

By , 4 years ago March 8, 2022
digital

Linux has been bitten by its most high-severity vulnerability in years

Enlarge (credit: Getty Images) Linux has yet another high-severity vulnerability that makes it easy for untrusted users to execute code capable of carrying out a host of malicious actions including installing backdoors, creating unauthorized user Read more…

By , 4 years ago March 8, 2022
Cryptocurrencies

Volkswagen Pulls Out an Unexpected Weapon Against Tesla

The two automakers will operate factories within 140 miles of each other This country isn’t big enough for the both of us. Volkswagen  (VLKAF)  and Tesla  (TSLA) – Get Tesla Inc Report will be squaring off Read more…

By , 4 years ago March 8, 2022
Cryptocurrencies

What Exactly Does OPEC Do That Affects Oil Prices?

The Organization of the Petroleum Exporting Countries usually stays silent on oil fluctuations, but its market influence is deeply rooted. The Organization of the Petroleum Exporting Countries is unable to control the supply of oil Read more…

By , 4 years ago March 8, 2022

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