The cryptocurrency recently traded at $43,799, up 6%. But it is still down more than a third from its Nov. 9 record high. Advocates of bitcoin are undaunted, even as the world’s biggest digital currency Read more…
GDP, industrial production and trade figures will be the first major set of data releases out of the UK in 2022 on Friday (07:00 GMT). However, as the data was collected before the Omicron variant Read more…
GBPJPY is lacking bullish impetus to conquer the immediate resistance barricade shaped by the 157.75 barrier and the more than five-year high of 158.20. That said, the simple moving averages (SMAs) are defending the three-week Read more…
The price for gold surged faster than expected, as the bullion broke through the upper trend line of the channel up pattern and reached the 1,823.50 level on Tuesday. Afterward, a consolidation down to the Read more…
As the USD/JPY currency exchange rate was testing the resistance of the descending January high levels near 115.50, the US Consumer Price Index data was published. Namely, on Wednesday, at 13:30 GMT, the US Consumer Read more…
On Wednesday, at 13:30 GMT, the US Consumer Price Index and Core Consumer Price index data was released. The USD reacted by declining. The GBP/USD currency exchange rate reacted by sharply moving to the 1.3680 Read more…
On Wednesday, at 13:30 GMT, the US Consumer Price Index and Core Consumer Price index data was released. The USD reacted by declining. The data beat the forecasts, as the US CPI came in at Read more…
Markets Today’s economic center piece was US CPI. Inflation in December rose 0.5% m/m to be up 7% year-on-year. That’s up from 6.8% the month before and the highest since June 1982! The less volatile Read more…
The company drops 36 spots on Glassdoor’s annual ranking of the best places to work after a wave of controversies and PR crises. Mark Zuckerberg’s attempt to deflect attention away from Facebook’s increasingly toxic reputation with Read more…
Powell calms the markets Fears that the US economic expansion could be jeopardized by tighter monetary policy have been alleviated for now, as the Fed Chair Jerome Powell reassured investors that the central bank would Read more…