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Category: Cryptocurrencies

Cryptocurrencies

Microsoft may face UK probe into OpenAI partnership after taking board seat

Updated at 7:16 AM EST Microsoft  (MSFT) – Get Free Report shares edged lower in early Friday trading after competition authorities in Britain said they may open a probe into the tech giant’s partnership with ChatGPT Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

Australian Dollar on a Roller-Coaster, US NFP Looms

Australian dollar steady after sharp gains on Thursday US nonfarm payrolls expected to climb to 180,000 The Australian dollar is trading quietly on Friday. In the European session, AUD/USD is trading at 0.6611, up 0.14%. Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

Stock Market Today: Stocks cautiously higher with jobs report in focus

Check back for live updates throughout the trading day. U.S. equity futures Friday nudged cautiously higher Friday, paired with an upside move in Treasury-bond yields, as investors focused on the key November jobs report that could test Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

BoE survey reveals lower public inflation expectation

The latest Bank of England/Ipsos quarterly Inflation Attitudes Survey show inflation expectations decreased in the near term. There’s also a shift in public sentiment towards a more balanced view of the economic situation in the Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

Euro Flat as German Inflation Declines

German inflation confirmed at -0.4% US nonfarm payrolls project to accelerate to 180,000 The euro has edged lower on Friday. In the European session, EUR/USD is trading at 1.0774, down 0.17%. The euro has struggled Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

Yen Pushes Higher, GDP Softer than Expected

Japan’s Q3 GDP revised lower to -2.9% Japanese yen gains ground but can’t consolidate US nonfarm payrolls expected to rise to 180,000 The Japanese yen continues to show strong swings. In the European session, USD/JPY Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

Bitcoin 2024: The Story Is Cyclical

In the dynamic world of financial trading, understanding the nuanced relationship between the Federal Reserve’s key interest rates and Bitcoin can be a game-changer. As a trader, it’s crucial to grasp how these seemingly disparate Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

GBPJPY Seeks Buyers After Worst Day of the Year

GBPJPY reverses October-November rally Oversold conditions detected after sharp drop Resistance at 181.45-182.00 GBPJPY crashed by 3.5% to 178.51 on Thursday before closing the day at 181.45, marking its worst daily session of the year. Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

AUDUSD Ends Another Year With Negative Mode

AUDUSD pulls back from 1-year downtrend line Strong resistance lines to test before switching the downtrend RSI and stochastic indicate more losses As the year 2023 is approaching its conclusion, AUDUSD is continuing the descending Read more…

By , 3 years ago December 8, 2023
Cryptocurrencies

NIKKEI Analysis: Japanese Stock Market Outlook

In the first half of 2023, the Japanese stock market was dominated by bullish sentiment due to (still) negative interest rates — while the rest of the G7 countries raised their rates to combat inflation. Read more…

By , 3 years ago December 8, 2023

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