Key Highlights GBP/USD started a fresh decline from the 1.3300 region. It traded below a key bullish trend line with support near 1.3185 on the 4-hours chart. EUR/USD is struggling below the 1.1050 resistance zone. Read more…
Bitcoin price has been rallying in the past week, trading comfortably above the $47,000 mark in the current trading session. This recent uptrend is largely attributed to a wave of short position liquidations on cryptocurrency exchanges Read more…
The BOJ was in the market defending the 10-year yield on the JGB at 0.25%, and they have announced that they will do it again for the next 3 consecutive days. Recall that at the Read more…
This week the Eurozone will Flash CPI for March. Expectations are for a print of 6.6% vs a reading of 5.9% in February. The flash core CPI, which excludes energy, alcohol, food and tobacco, is Read more…
What is happening? The Russian president’s announcement that countries “unfriendly” to Moscow must pay for gas deliveries with rubles shows that he’s willing to use energy as a weapon in the Ukraine war. It puts Read more…
AUDUSD reversed from resistance level 0.7530 Likely to fall to support level 0.7430 AUDUSD currency pair recently reversed down from the pivotal resistance level 0.7530 (which has been reversing the price from last October), intersecting Read more…
Enlarge (credit: Getty Images) Some Internet traffic in and out of Twitter on Monday was briefly funneled through Russia after a major ISP in that country misconfigured the Internet’s routing table, network monitoring services said. Read more…
The meme stock invested in a gold mine, expect more of the same as its core business (movie tickets) seems unlikely to recover. Turns out meme stock favorite AMC Entertainment (AMC) – Get AMC Entertainment Read more…
A look at stocks to consider, or avoid, that have seen their shares drop in recent days. There are substantial moving parts impacting the stock market right now – Russia, inflation, and interest rates lead Read more…