Cryptocurrencies
Gold Still Not Out of Woods
At the time of writing gold was higher on the day thanks to weakness in US dollar, in what has been a rather quiet week so far. Despite its recent sharp recovery, question marks remain Read more…
Cryptocurrencies
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 140.77; (P) 141.51; (R1) 142.86; More… USD/JPY retreated ahead of 142.45 minor resistance and intraday bias remains neutral first. On the upside, firm break of 142.45 will turn bias back to the Read more…
Cryptocurrencies
NZD Recovers ahead of RBNZ Hike, Dollar and Euro Dip
Dollar and Euro are so far the worst performer in quiet trading today. The greenback is clearly weighed down again by stocks’ rise and yield’s decline. There are news that China’s Shanghai is back in Read more…
Cryptocurrencies
FTX Had $1.24 Billion on Hand When It Filed for Bankruptcy
Creditors and customers of the FTX cryptocurrency exchange might have a small reason to hope to recover some of their money. Here’s something from which the creditors and customers of FTX, which filed for Chapter Read more…
Cryptocurrencies
Canada retail sales dropped -0.5% mom in Sep, down -1.0% qoq in Q3
Canada retail sales dropped -0.5% mom to CAD 61.1B in September. Sales declined in 7 of 11 subsectors, led by sales at gasoline stations (-2.4%) and food and beverage stores (-1.3%). Excluding gasoline and auto, Read more…
Cryptocurrencies
FTX Collapse: Tom Brady and Steph Curry’s Problems Get Worse
The two sports stars were ambassadors and investors for the bankrupt cryptocurrency exchange. The FTX cryptocurrency exchange debacle continues to wreak havoc. FTX was the crown jewel of 30-year-old former trader Sam Bankman-Fried’s cryptocurrency empire. Read more…
Cryptocurrencies
NZD Dollar Bounces Back ahead of RBNZ Meet
The New Zealand dollar has rebounded on Tuesday with strong gains. In the European session, NZD/USD is trading at 0.6151, up 0.83%. Will RBNZ go all out? The Reserve Bank of New Zealand has been Read more…
Cryptocurrencies
Stock Market Today: Stocks Edge Higher As Dollar Retreats, Oil Prices Leap
Stocks are set for a modestly firmer open Tuesday, thanks in part to thin holiday trading volumes and an overnight pullback for the U.S. dollar. U.S. equity futures nudged higher Tuesday, while the dollar retreated Read more…
Cryptocurrencies
Dollar Tree Stock Slumps After Q3 Earnings Beat, Mixed 2022 Outlook
“Shoppers are responding to our new value proposition at Family Dollar and Dollar Tree as we focus on driving both traffic and store productivity,” said CEO Mike Witynski. Dollar Tree (DLTR) – Get Free Report posted Read more…
Cryptocurrencies
Dell Technologies Stock Slides On Muted Demand Outlook After Solid Q3 Earnings
“We expect ongoing global macroeconomic factors and currency pressure to weigh on our customers, and as a result, their IT spending intentions,” said CFO Tom Sweet. Dell Technologies (DELL) – Get Free Report shares moved lower Read more…