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Month: June 2024

Cryptocurrencies

Stock Market Today: Stocks edge lower, Micron weighs on big tech

Check back for updates throughout the trading day U.S. equity futures edged lower Thursday, with Micron Technology weighing heavily on tech shares, as investors treaded cautiously into the final trading days of the second quarter Read more…

By , 2 years ago June 27, 2024
Cryptocurrencies

Eurozone economic sentiment falls slightly to 95.9, EU ticks down to 96.4

Eurozone Economic Sentiment Indicator ticked down from 96.1 to 95.9 in June. Employment Expectation Indicator fell from 101.3 to 99.7. Economic Uncertainty Indicator fell from 18.5 to 18.0. Eurozone industry confidence fell from -9.9 to Read more…

By , 2 years ago June 27, 2024
Cryptocurrencies

Buyers Failed to Pick Up on the Crypto Market

Market Picture The crypto market has been under moderate but persistent pressure throughout Wednesday, losing 1.26% over the past 24 hours to $2.24 trillion. Prices of top coins are down, except for Toncoin, which adds Read more…

By , 2 years ago June 27, 2024
Cryptocurrencies

USD/JPY Rate Hits Highest Level Since 1986

As shown in the USD/JPY chart, today the rate is around 160.58 yen per US dollar. Bloomberg reports the words of Japan’s Finance Minister Shunichi Suzuki: → Stable dynamics are important for currency rates. → Read more…

By , 2 years ago June 27, 2024
Cryptocurrencies

European Currencies Face a Crucial Test: What to Expect

The end of June and the beginning of July are packed with significant economic and political events for the pound and the euro. A few weeks ago, Emmanuel Macron dissolved the parliament and announced snap Read more…

By , 2 years ago June 27, 2024
Cryptocurrencies

EURUSD Rises Slightly Up After Battle With 8-Week Low

EURUSD holds in sideways move SMAs create bearish crossovers MACD continues to head south EURUSD tested the previous low of 1.0665 on Wednesday, holding within a narrow range of 1.0665-1.0720. The 20- and 50-day simple Read more…

By , 2 years ago June 27, 2024
Cryptocurrencies

Is France Headed for Political Stalemate and How Bad is this for Euro?

Far-right National Rally party maintains lead ahead of June 30 first round of votes But can it secure an absolute majority as left-wing alliance makes progress? A hung parliament might be the worst outcome for Read more…

By , 2 years ago June 27, 2024
Cryptocurrencies

More Verbal Intervention Warnings by Japanese Top Officials

Markets The sell-off at the long end of the US Treasury curve was the odd one out yesterday. The US Note future slid from start to finish with tenors from 7- to 30-yr adding around Read more…

By , 2 years ago June 27, 2024
Cryptocurrencies

Yen Drops to 1986 Low

In focus today Today focus will be on the Riksbank’s policy rate announcement at 09.30 CEST followed by a press conference at 11.00 CEST. The Riksbank is widely expected to leave the policy rate unchanged Read more…

By , 2 years ago June 27, 2024
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 202.14; (P) 202.43; (R1)202.90; More… Intraday bias in GBP/JPY remains on the upside for the moment. Firm break of 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. will pave the Read more…

By , 2 years ago June 27, 2024

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