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Category: Cryptocurrencies

Cryptocurrencies

Yen Steady as Japanese Inflation Dips

Japanese core inflation falls to 2.5%, as expected US to release PCE Price Index on Friday The Japanese yen is showing little movement on Friday. In the European session, USD/JPY is trading at 142.03, down Read more…

By , 3 years ago December 22, 2023
Cryptocurrencies

Nike slumps after cutting full-year sales forecast on sportswear weakness

Updated at 7:36 AM EST Nike  (NKE) – Get Free Report shares fell sharply in early Friday trading after the sportswear giant issued a muted full-year revenue outlook and cost-cutting plan that offset a solid fiscal-second-quarter Read more…

By , 3 years ago December 22, 2023
Cryptocurrencies

Stock Market Today: Stocks slip with inflation data in focus; Nike tumbles

Check back for updates throughout the trading day U.S. equity futures slipped lower Friday but remain on track for a positive five-day stretch that would extend the S&P 500’s weekly winning streak to eight, the Read more…

By , 3 years ago December 22, 2023
Cryptocurrencies

GBPJPY Rotates Lower After Rejection at 50-day SMA

GBPJPY moves without direction in the past two weeks The 50- and 200-day SMAs curb upside and downside, respectively RSI and MACD are deep in their negative zones GBPJPY had been in a prolonged uptrend since January, Read more…

By , 3 years ago December 22, 2023
Cryptocurrencies

USDCHF Hits 2023 Floor

USDCHF tests July’s eight-year low Sellers might stay in power, but not for long Core PCE inflation due at 13:30 GMT It was another bearish week for USDCHF, with the price fully retracing its July-September Read more…

By , 3 years ago December 22, 2023
Cryptocurrencies

Solana and Bitcoin Failing to Storm Milestone

Market picture Crypto market capitalisation was climbing to $1.67 trillion on Friday morning – a new high since May 2022. However, very quickly, the market was hit by another wave of profit-taking, which has become Read more…

By , 3 years ago December 22, 2023
Cryptocurrencies

Canadian Dollar Powers Higher, GDP Next

Friday’s economic releases: Canadian GDP US PCE Price Core Index The Canadian dollar is showing limited movement on Friday. In the European session, USD/CAD is trading at 1.3276, down 0.05%. We could see stronger movement Read more…

By , 3 years ago December 22, 2023
Cryptocurrencies

GBP/USD Shrugs After Mixed UK Data

UK retail sales jump 1.3%, GDP contracts by 0.1% US to release PCE Price Index on Friday The British pound is drifting on Friday. In the European session, GBP/USD is trading at 1.2701, up 0.08%. Read more…

By , 3 years ago December 22, 2023
Cryptocurrencies

USDCAD Slips to Almost 5-Month Low

USDCAD continues the sell-off in short-term 20- and 200-day SMAs post death cross USDCAD plummeted to a fresh almost five-month low earlier today, continuing the sharp selling interest that started from the 13-month high of Read more…

By , 3 years ago December 22, 2023
Cryptocurrencies

Soft Inflation at the Top of Santa’s Wishlist

Appetite in European stocks waned yesterday, yet the US counterparts recovered Wednesday losses and closed the session more than 1% higher as the latest growth data was revised slightly lower to 4.9%, real consumer spending Read more…

By , 3 years ago December 22, 2023

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