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Month: February 2023

Cryptocurrencies

(BoE) Bank Rate increased to 4%

Monetary Policy Summary, February 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its Read more…

By , 2 years ago February 2, 2023
Cryptocurrencies

Eli Lilly Tops Q4 Earnings Forecast, Lifts 2023 Outlook, On Trulicity Strength

“Over the course of this critical year, we hope to launch as many as four new medicines for challenging diseases, while advancing our next generation of molecules currently in Phase 3.” said CEO David Ricks. Read more…

By , 2 years ago February 2, 2023
Cryptocurrencies

Merck Stock Slumps As 2023 Profit Outlook Clouds Q4 Earnings Beat

Merck said it sees 2023 sales in the region of $57.2 billion and $58.7 billion. Merck & Co.  (MRK) – Get Free Report posted better-than-expected fourth quarter earnings Thursday, thanks in part to impressive sales of Read more…

By , 2 years ago February 2, 2023
Cryptocurrencies

GBP/USD Outlook: Sterling Expects Stronger Direction Signals from BOE

Cable stands at the back foot on Thursday, ahead of BOE policy meeting, though the price action remains within larger 1.2263/1.2247 near-term range and lacking clearer direction. Technical studies are mixed on daily chart, while Read more…

By , 2 years ago February 2, 2023
Cryptocurrencies

Honeywell Stock Slides On Q4 Revenue Miss, 2023 Earnings Outlook

“Late-cycle aerospace and energy end markets are positioned for a strong growth year in 2023,” said CEO Darius Adamczyk. Honeywell International  (HON) – Get Free Report posted modestly better-than-expected fourth quarter earnings Thursday, while revenues were Read more…

By , 2 years ago February 2, 2023
Cryptocurrencies

EUR/USD: Euro Keeps Firm Tone, ECB Likely to Provide Fresh Boost

The Euro is holding firm tone in European trading on Thursday and consolidating around psychological 1.10 level, just under new ten-month high (1.1032), hit in extension of Wednesday’s 1.1% advance. The single currency appreciated after Read more…

By , 2 years ago February 2, 2023
Cryptocurrencies

European Currencies Ahead of the Banks’ Statements

Information is not investment advice The Backstory On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Read more…

By , 2 years ago February 2, 2023
Cryptocurrencies

EURUSD Aims for Uptrend Extension after FOMC Boost

EURUSD advanced to a ten-month high of 1.1032 in the wake of a less hawkish FOMC policy statement late on Wednesday, which telegraphed that monetary tightening is probably having the desired impact on inflation. The Read more…

By , 2 years ago February 2, 2023
Cryptocurrencies

Meta Stock Soars On $40 Billion Buyback, Zuckerberg Efficiency Drive After Q4 Earnings

“My management theme for 2023 is the ‘Year of Efficiency’,” said CEO Mark Zuckerberg. Meta Platforms  (META) – Get Free Report shares soared higher Thursday, after the social media group unveiled plans for a $40 billion stock Read more…

By , 2 years ago February 2, 2023
Cryptocurrencies

EURUSD Forecasting The Rally After Elliott Wave Zig Zag Pattern

Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the website. As our members know, recently EURUSD made Read more…

By , 2 years ago February 2, 2023

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