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Month: June 2022

Cryptocurrencies

USD/JPY Outlook: Returns to Strength after Shallow Pullback

The dollar regained traction and bounced on Friday, after two-day pullback from new highest since 1998 was contained by Fibo support at 132.05 (38.2% of 126.36/135.57 upleg. The sentiment for yen was soured by today’s Read more…

By , 4 years ago June 17, 2022
Cryptocurrencies

EUR/USD Outlook: Near-Term Risk Shifts Lower after Thick Daily Cloud Capped Recovery

The Euro turned to red on Friday after recovery on Wed/Thu was capped by the base of thick daily cloud (spanned between 1.0566 and 1.0767)) and dollar returns to strength after hawkish Fed and BoJ Read more…

By , 4 years ago June 17, 2022
Cryptocurrencies

Bitcoin Will Test Historical Patterns

Bitcoin was down 4.9% on Thursday, ending around $20.7K and trading near $20.8K at the start of the day on Friday. Ethereum lost 6.4% in the last 24 hours, returning to the $1100 area. Altcoins Read more…

By , 4 years ago June 17, 2022
Cryptocurrencies

Yen Falls Back Down after BoJ Balks

The Japanese yen continues to post strong swings this week and is up sharply on Friday. USD/JPY is trading at 134.67 in Europe, up 1.86% on the day. BoJ maintains yield curve control It’s been Read more…

By , 4 years ago June 17, 2022
Cryptocurrencies

The Countries That Export the Most Beer to the U.S.

About a fifth of the beer America drinks is imported. Here’s where all that beer comes from. Beer. There’s a lot of choices. There’s lager and stout, pilsners, wheat beers and IPAs, commercial and craft Read more…

By , 4 years ago June 17, 2022
Cryptocurrencies

Adobe Stock Slides As Muted Cloud Sales Forecast Offsets Q2 Earnings Beat

“Everybody would have knowledge that it’s an uncertain macroeconomic environment. But we believe that we will continue to win by delivering great innovative products,” said CEO Shantanu Narayen. Adobe  (ADBE) – Get Adobe Inc. Report shares Read more…

By , 4 years ago June 17, 2022
Cryptocurrencies

Elon Musk Is Furious

Tesla CEO is angry at federal move that he says benefits premium electric vehicle maker’s rivals. Elon Musk is angry.  His detractors will see a lack of fair play, while his fans will give him Read more…

By , 4 years ago June 17, 2022
Cryptocurrencies

Stocks Bump Higher, Biden on Recession, Twitter, Adobe And The Golden State Warriors – Five Things To Know

Stock futures bump higher but growth worries persist; Biden insists recession not ‘inevitable’, but Americans ‘really down’; Twitter shares higher after Elon Musk town hall; Adobe shares slump after muted cloud sales outlook and the Read more…

By , 4 years ago June 17, 2022
digital

Airdrop app makes MacBook notch useful

The notch found on last year’s MacBook Pros. | Photo by Phil Esposito / The Verge Most people have more or less gotten over the iPhone’s display notch, the once-controversial design element introduced with the Read more…

By , 4 years ago June 17, 2022
Cryptocurrencies

The Weekly Close Out

Wow what a week that was in financial markets. Tons to digest. Have a read below to find out more. Dollar Index (DXY): The greenback began the week strong as US yields surged higher before Read more…

By , 4 years ago June 17, 2022

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