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Month: January 2023

Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 131.25; (P) 131.95; (R1) 132.60; More… USD/JPY is still bounded in range above 129.49 and intraday bias stays neutral. On the upside, firm break of 134.49 should confirm short term bottoming, and Read more…

By , 3 years ago January 10, 2023
Cryptocurrencies

AUD/USD Mid-Day Report

Daily Pivots: (S1) 0.6875; (P) 0.6913; (R1) 0.6950; More… A temporary top is formed at 0.6949 in AUD/USD and intraday bias is turned neutral for some consolidations first. But outlook will stay bullish as long Read more…

By , 3 years ago January 10, 2023
Cryptocurrencies

Dollar Recovers as Risk Sentiment Turns on Hawkish Fed Comments

Dollar recovers broadly today as risk sentiment turns negative again. Hawkish comments from Fed officials this week reminded people that even though a smaller hike is possible for February, interest rates are going to stay Read more…

By , 3 years ago January 10, 2023
Cryptocurrencies

Stock Market Live: Stocks Slide On Hawkish Fed Signals, Powell Speech In Focus

Fed Chair Jerome Powell is set to address a central banking conference in Stockholm prior to the start of trading. U.S. equity futures moved lower Tuesday, extending a move from late yesterday that pared gains Read more…

By , 3 years ago January 10, 2023
Cryptocurrencies

US NFIB Small Business Optimism Index declined to 89.8 in Dec

US NFIB Small Business Optimism Index declined -2.1 pts to 89.8 in December, below expectation of 91.6. That’s also the 12th consecutive month the index was below 49-year average of 98. “Overall, small business owners Read more…

By , 3 years ago January 10, 2023
Cryptocurrencies

Bed Bath & Beyond Posts Steeper Q3 Loss, ‘Exploring Multiple Paths’, As Bankruptcy Risk Looms

“We continue to work with advisors as we consider all strategic alternatives to accomplish our near- and long-term goals,” said CEO Sue Gove. Bed Bath & Beyond  (BBBY) – Get Free Report posted a deeper-than-expected third Read more…

By , 3 years ago January 10, 2023
digital

Coinbase lays off a fifth of staff as crypto downturn continues

Illustration by Alex Castro / The Verge Cryptocurrency exchange Coinbase is the latest tech company to announce mass layoffs. In an email to staff on Tuesday, CEO Brain Armstrong said the company would be letting Read more…

By , 3 years ago January 10, 2023
digital

Coinbase lays off a fifth of staff as crypto downturn continues

Illustration by Alex Castro / The Verge Cryptocurrency exchange Coinbase is the latest tech company to announce mass layoffs. In an email to staff on Tuesday, CEO Brain Armstrong said the company would be letting Read more…

By , 3 years ago January 10, 2023
Android

Coinbase lays off a fifth of staff as crypto downturn continues

Illustration by Alex Castro / The Verge Cryptocurrency exchange Coinbase is the latest tech company to announce mass layoffs. In an email to staff on Tuesday, CEO Brain Armstrong said the company would be letting Read more…

By , 3 years ago January 10, 2023
Cryptocurrencies

ECB Schnabel: Inflation will not subside by itself

ECB Executive Board member Isabel Schnabel said in a speech “inflation will not subside by itself”. She added that preliminary data for December “point to a persistent build-up of underlying price pressures even as energy Read more…

By , 3 years ago January 10, 2023

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