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Month: October 2023

Cryptocurrencies

US consumer confidence fell to 102.6, third month of decline

Conference Board’s Consumer Confidence Index in the US recorded a dip in October 2023, falling from 104.3 to 102.6, though it managed to beat the anticipated 100.4. This decline marks the third consecutive month where Read more…

By , 2 years ago October 31, 2023
Cryptocurrencies

Tesla hits 5-month low, down 20% from Q3 earnings, amid fading EV demand

Tesla  (TSLA) – Get Free Report shares treaded near the lowest levels in five months Tuesday, extending their decline past 20% since the carmaker’s third quarter earnings last week, amid a host of indicators that suggest Read more…

By , 2 years ago October 31, 2023
Cryptocurrencies

Doves Firmly in Control of BoE Meeting

The Bank of England meets as geopolitical developments affect market sentiment Another pause is priced in but Wednesday’s Fed gathering could unsettle expectations The statement is set for Thursday 12:00 GMT; press conference 30 minutes Read more…

By , 2 years ago October 31, 2023
Cryptocurrencies

Canada’s Economy Recorded No Growth in August, Likely Stalled in September

Canadian economic growth came in flat on a month-on-month (m/m) basis in August, below Statistics Canada’s advanced estimate and market expectations of a mild 0.1% m/m gain. The flash estimate for September points to another Read more…

By , 2 years ago October 31, 2023
Cryptocurrencies

Aftermath of BoJ’s Policy Statement

The Bank of Japan (BoJ) recently concluded its October monetary policy review meeting, deciding not to make any adjustments to its current policy settings. This means the interest rate remains at -10bps, and the 10-year Read more…

By , 2 years ago October 31, 2023
Cryptocurrencies

Popular venue off the Las Vegas Strip closes abruptly

Las Vegas never slows down.  It’s an expensive place to do business where land costs a fortune, so if a venue isn’t working, it’s not likely to last very long. That’s why even famous restaurants Read more…

By , 2 years ago October 31, 2023
Cryptocurrencies

EUR/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.64; (P) 158.29; (R1) 158.87; More…. EUR/JPY’s up trend resumed by breaking through 159.90 today. Intraday bias is back on the upside. Current rally should target 163.06 projection level next. On the Read more…

By , 2 years ago October 31, 2023
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0566; (P) 1.0596; (R1) 1.0644; More… EUR/USD is staying below 1.0693 resistance despite today’s rebound. Intraday bias remains neutral at this point. On the downside, break of 1.0522 support will turn bias Read more…

By , 2 years ago October 31, 2023
Cryptocurrencies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2098; (P) 1.2130; (R1) 1.2155; More Intraday bias in GBP/USD remains neutral and outlook is unchanged. With 1.2336 resistance intact, downside breakout is expected. On the downside, firm break of 1.2036 will Read more…

By , 2 years ago October 31, 2023
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8991; (P) 0.9014; (R1) 0.9048; More…. USD/CHF’s rebound from 0.8886 resumed by breaking through 0.9047 temporary top. Intraday bias is back on the upside for 0.9086 resistance. Sustained break there will pave Read more…

By , 2 years ago October 31, 2023

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