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Month: October 2024

Cryptocurrencies

You can score a $350 flight from the U.S. to Tokyo (but you have to act fast)

With increased interest in Japan from American tourists, a number of airlines have been competing for routes to both Tokyo and smaller cities such as Kyoto and Osaka. At the start of the year, American Read more…

By , 1 year ago October 14, 2024
Cryptocurrencies

Pound Eyes UK Employment Data

The British pound is coming off a quiet week and the lack of activity has continued on Monday. Early in the North American session, GBP/USD is trading at 1.3040, down 0.14% on the day. It’s Read more…

By , 1 year ago October 14, 2024
Cryptocurrencies

Latest SpaceX flight ends in historic fashion

Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. It’s going to be a busy week filled with earnings and economic data, so investors are Read more…

By , 1 year ago October 14, 2024
Cryptocurrencies

Fed’s Kashkari: Further modest rate reduction appropriate in coming quarters

In a speech today, Minneapolis Fed President Neel Kashkari indicated that ” further modest reductions in our policy rate will be appropriate in the coming quarters to achieve both sides of our mandate.” Kashkari stressed Read more…

By , 1 year ago October 14, 2024
Cryptocurrencies

Sunset Market Commentary

Markets Chinese stock markets eventually closed 2% to 3% higher, giving the benefit of the doubt to further steps to support the property sector and hints at greater borrowing announced by Finance Minister Lan Fo’an Read more…

By , 1 year ago October 14, 2024
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0923; (P) 1.0938; (R1) 1.0954; More…. EUR/USD is staying above 1.0899 temporary low and intraday bias stays neutral first. Further decline is expected as long as 1.0996 resistance holds. On the downside, Read more…

By , 1 year ago October 14, 2024
Cryptocurrencies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3045; (P) 1.3064; (R1) 1.3089; More… Intraday bias in GBP/USD stays neutral and outlook is unchanged. Fall from 1.3433 short term top could extend lower. But strong support should be seen from Read more…

By , 1 year ago October 14, 2024
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8557; (P) 0.8573; (R1) 0.8590; More… USD/CHF’s rise from 0.8374 resumed after brief consolidations Intraday bias is back on the upside for 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break Read more…

By , 1 year ago October 14, 2024
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.58; (P) 148.94; (R1) 149.46; More… USD/JPY’s rise from 139.57 resumed after brief consolidations and intraday bias is back on the upside, This rally is seen as the second leg of the Read more…

By , 1 year ago October 14, 2024
Cryptocurrencies

Dollar Rallies as Thin Liquidity Fuels Gains

Dollar is broadly stronger today in what is otherwise a quiet trading session. With US markets closed for holiday, overall activity has been subdued. However, Dollar bulls seem to be taking advantage of the thinner Read more…

By , 1 year ago October 14, 2024

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