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Month: May 2022

Cryptocurrencies

Oil: The final Upward Momentum?

Crude oil has added 15% since last Wednesday, rising to $112/bbl WTI and $113/bbl Brent. Both grades reached new two-month highs on Tuesday morning, despite a decidedly bearish news backdrop. A sharper than previously estimated Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

GBPUSD: Sterling Lifted by Upbeat UK Jobs Data and Expectations for Hawkish BoE

Cable extends rebound from new 2022 low into third straight day and accelerates recovery on Tuesday after upbeat jobs data. UK unemployment fell to 3.7% in March, the lowest since 1975, improving the sentiment on Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

Dollar Index: Improved Risk Sentiment May Spark Deeper Dollar’s Correction

The dollar index remains at the back foot in early Tuesday, extending pullback from new 20-year high as traders collect profits from the recent strong rally, driven by the US central bank start of tightening Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

Elon Musk To Twitter: Prove Spam Account Data Or The $44 Billion Takeover Deal Is Off

“My offer was based on Twitter’s SEC filings being accurate. Yesterday, Twitter’s CEO publicly refused to show proof of Twitter  (TWTR) – Get Twitter, Inc. Report shares slumped lower again Tuesday, extending their recent decline to Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

Home Depot Stock Leaps After Q1 Earnings Beat, 2022 Outlook Boost

“The solid performance in the quarter is even more impressive as we were comparing against last year’s historic growth and faced a slower start to spring this year,” said CEO Ted Decker. Updated at 6:10 Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

Stocks Power Higher, Retail Sales, Walmart, Elon Musk & Twitter, Warren Buffett & Citigroup In Focus – 5 Things You Must Know

Stock futures higher as growth concerns ease, dollar retreats; Consumer in focus with retail sales, Walmart earnings on tap; Twitter Tumbles as Musk demands proof on bot tally to keep takeover alive; Take-Two jumps as Read more…

By , 4 years ago May 17, 2022
digital

Apple ‘testing’ foldable with secondary E Ink display, says analyst

E Ink’s recently announced flexible color display. | Image: E Ink Apple is reportedly testing the use of a color display from E Ink as an external screen for an unannounced foldable device, according to Read more…

By , 4 years ago May 17, 2022
digital

Apple ‘testing’ foldable with secondary E Ink display, says analyst

E Ink’s recently announced flexible color display. | Image: E Ink Apple is reportedly testing the use of a color display from E Ink as an external screen for an unannounced foldable device, according to Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

EURJPY Finds Footing But Buyers Not Out of the Woods Yet

EURJPY is recovering from its spike below the 133.00 mark, where the rising 100-day simple moving average (SMA) underpinned the price, following one-month of declines from the multi-year peak of 140.00. Despite the recent retracement Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

EURUSD Forms Bearish Flag ahead of US Retail Sales Data

The British pound moved sideways ahead of the upcoming data release from the UK. The data will come at a time when the UK has become the epicenter of the global stagflation crisis. There are Read more…

By , 4 years ago May 17, 2022

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