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Category: Cryptocurrencies

Cryptocurrencies

An airline launched a sale so low it crashed its website

With the average airplane fare rising by 29% from 2021 to 2024, it is not surprising that many people get excited when various ticket sales come around.  Japan Airlines  (JPNRF)  and Cathay Pacific  (CPCAF)  both saw Read more…

By , 3 years ago May 3, 2024
Cryptocurrencies

US: Job Gains Lose Some Momentum in April, Unemployment Rate Ticks Up to 3.9% 

Non-farm employment rose by 175k in April, below the consensus forecast of 240k. Job gains in the two prior months were also revised lower by a combined 22k. Private payrolls rose 167k, with most of Read more…

By , 3 years ago May 3, 2024
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0689; (P) 1.0710; (R1) 1.0745; More… EUR/USD’s rebound from 1.0601 resumed by breaking through 1.0752 and intraday bias back on the upside. Strong break of 55 D EMA suggests that fall from Read more…

By , 3 years ago May 3, 2024
Cryptocurrencies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2490; (P) 1.2517; (R1) 1.2563; More… GBP/USD’s rebound from 1.2298 resumed by breaking through 1.2568 resistance and intraday bias is back on the upside. Strong break of 55 D EMA suggest that Read more…

By , 3 years ago May 3, 2024
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.37; (P) 154.33; (R1) 155.60; More… USD/JPY’s fall from 160.20 short term top continues today and intraday bias remains on the downside for 61.8% retracement of 146.47 to 160.20 at 151.71. Strong Read more…

By , 3 years ago May 3, 2024
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9079; (P) 0.9126; (R1) 0.9155; More…. USD/CHF’s sharp fall and strong break of 0.9087 support confirms short term topping at 0.9223, after first rejection from 0.9243 key resistance. Intraday bias is back Read more…

By , 3 years ago May 3, 2024
Cryptocurrencies

Comprehensive Miss in Non-Farm Payroll Data Sends Dollar Plummeting

Dollar falls steeply in early US session following a disappointing non-farm payroll report that fell short of market expectations across key metrics including job growth, unemployment rate, and wage growth. DOW futures surge over 500 Read more…

By , 3 years ago May 3, 2024
Cryptocurrencies

Jobs report shows marked April slowdown, prompting Fed rate-cut bets

The U.S. economy showed the first big slowdown in job gains in more than a year last month, suggesting that early cracks in the red-hot labor market are starting to appear. The Labor Department’s Bureau of Read more…

By , 3 years ago May 3, 2024
Cryptocurrencies

US NFP grows only 175k, unemployment rate rises to 3.9%

US Non-Farm Payroll employment grew 175k in April, well below expectation of 243k. It’s also way lower than the average gain of 242k in the prior 12 months. Unemployment rate rose from 3.8% to 3.9%, Read more…

By , 3 years ago May 3, 2024
Cryptocurrencies

Stock Market Today: Apple powers tech; stock gains with jobs data on deck

Check back for updates throughout the trading day U.S. equity futures moved higher in early Friday trading, powered in part by Apple’s better-than-expected quarterly earnings, as traders looked to a key April jobs report prior Read more…

By , 3 years ago May 3, 2024

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