Cryptocurrencies
Stocks Start the Year in Fear
The US stock market is starting the year in a state of fear bordering on extreme fear – the opposite of a year ago when the market was balanced between ‘greed’ and ‘extreme greed’. That’s Read more…
Cryptocurrencies
USD/JPY: Bulls Hold Grip for Further Gains, BoJ Intervention Looms
USDJPY – near term action remains in extended sideways mode under new multi-week high (158.07) and consolidating December’s 5% advance. Limited dips (so far contained by rising 10DMA) suggest that larger bulls remain firmly in Read more…
Cryptocurrencies
British Pound Eyes US Manufacturing Data
The British pound has stabilized on Friday, after declining more than 1% a day earlier. In the European session, GBP/USD is currently trading at 1.2406, up 0.16% on the day. The US economy is in Read more…
digital
Apple Fitness Plus and Strava are collaborating with a new integration
The Apple Fitness Plus integration in Strava is getting a revamp. | Image: Apple Apple Fitness Plus is getting a fresh makeover in the Strava app. The two companies just announced they’re collaborating to revamp Read more…
Cryptocurrencies
Analysts revisit Tesla stock price target with Q4 earnings in focus
Tesla shares edged higher in early Friday trading as investors looked to claw back some of the losses tied to its disappointing delivery figures while adjusting to price target changes from analysts on Wall Street. Read more…
Cryptocurrencies
Yuan Pressure Against Dollar, But Rises Against CFETS Basket
The Chinese Yuan presented an interesting paradox in today’s market action. Onshore Yuan sank below 7.3 mark against US Dollar, registering a 14-month low. This decline has intensified speculation that the People’s Bank of China Read more…
Cryptocurrencies
Euro Stabilizes as Spain Posts Strong Job Data
The euro has stabilized on Friday. In the European session, EUR/USD is currently trading at 1.0296, up 0.3% on the day. The euro fell as much as 1.2% a day earlier and fell below the Read more…
Cryptocurrencies
EUR/USD Hits Last Year’s Lows, GBP/USD Drops Below 1.2400
This week, European and commodity currencies suffer. Euro sellers broke last year’s low of 1.0330 and stayed below 1.0300, the GBP/USD pair dropped below 1.2400, and USD/CAD buyers tested the 1.4400 level. EUR/USD EUR/USD buyers Read more…
Cryptocurrencies
EURUSD: Larger Bears to Consolidate Before Resuming Lower, Parity Level Coming in Focus
EURUSD edges higher early Friday on a partial profit-taking at the end of the week, after the latest three-day acceleration pushed the price to the lowest levels in over two years. Larger bears are likely Read more…
Cryptocurrencies
Has USD/CAD Reached a Peak Point?
USDCAD holds short-term range ahead of ISM manufacturing PMI. Bulls lose power but not the battle, uptrend intact above 1.4260. USDCAD is holding steady within the tight three-week-old range of 1.4350-1.4400 despite a brief rise Read more…