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Month: July 2024

Cryptocurrencies

Analyst puts Tesla stock on key ideas list as Q2 deliveries loom

Tesla shares jumped in early Monday trading ahead of the group’s highly anticipated second quarter delivery figures, even as a key Wall Street analyst suggested the stock has more room to move lower following a Read more…

By , 11 months ago July 1, 2024
Cryptocurrencies

Instrument of the Week (July 1—5): USDCHF Review!

The USDCHF pair, commonly called the “Swissie,” represents the exchange rate between the US Dollar and the Swiss Franc, providing insights into the economic dynamics between the United States and Switzerland. The US Dollar is Read more…

By , 11 months ago July 1, 2024
Cryptocurrencies

Carnival Cruise Line shares a controversial onboard policy

There are some topics companies try really hard to avoid. That’s a situation that has become even worse in recent years as brands have faced a backlash for selling Pride Month merchandise, trying to have Read more…

By , 11 months ago July 1, 2024
Cryptocurrencies

Struggling clothing brand files Chapter 11 bankruptcy

Clothing has always been a business that’s dependent upon demand. A company might be hot and trendy one moment, and then fall out of favor the next. It’s a real challenge to evolve your business Read more…

By , 11 months ago July 1, 2024
Cryptocurrencies

Japanese Yen Faces Further Depreciation Amid Rate Differentials

The USD/JPY pair continues to escalate, currently positioned at 160.88, nearing the 37-year peak of 161.27 achieved last Friday. Early today, the yen temporarily strengthened following Japan’s Q2 Tankan survey results, which indicated a slight Read more…

By , 11 months ago July 1, 2024
Cryptocurrencies

EURUSD Gaps Higher Over Potential French Hung Parliament

EURUSD surges after French far-right party wins first race with weaker majority Bullish bias expected to come above 1.0788; sellers could take control below 1.0670 EURUSD opened with a positive gap on Monday after Le Read more…

By , 11 months ago July 1, 2024
Cryptocurrencies

EUR/USD Outlook: Post-French Election Rally So Far Capped by Thickening Daily Cloud

EURUSD opened with gap-higher and rose to three-week high in early European trading on Monday, lifted by results of the first round French parliamentary election. Rally was capped by the base of thickening daily cloud, Read more…

By , 11 months ago July 1, 2024
Cryptocurrencies

GBP/JPY Outlook: Hits New Multi-Year High

GBPJPY remains in an unobstructed uptrend and hit new multi-year high (the highest since 2008) in early Monday. The cross extends steep ascend into eleventh straight day, after registering the sixth consecutive monthly gain in Read more…

By , 11 months ago July 1, 2024
Cryptocurrencies

Euro Rises Despite France’s Vote for the Right

The euro has started the week with strong gains. EUR/USD is trading at 1.0756 in the European session, up 0.41% on the day at the time of writing. The euro is at its highest level Read more…

By , 11 months ago July 1, 2024
Cryptocurrencies

Bitcoin Pushes up from Retracement Support

Market picture The crypto market has been enjoying an influx of buyers since Saturday, with a visible acceleration on Monday. Over the past 24 hours, capitalisation has risen 3.6% to $2.33 trillion. Last week’s drop Read more…

By , 11 months ago July 1, 2024

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