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Category: Cryptocurrencies

Cryptocurrencies

GBP/USD Rallies to Mid-1.21s, Despite Big Bets on a 6% Fed Rate

KEY TAKEAWAYS: Traders are now betting on a higher peak interest rate from the Federal Reserve due to strong January employment data and recent comments from Fed officials. Options trades show some investors are anticipating Read more…

By , 4 years ago February 9, 2023
Cryptocurrencies

Elon Musk Sends a Provocative Message to Ford and GM

Tesla last year made more money than the two legacy carmakers combined. Ten years ago, Tesla was just a dwarf in the automotive industry.  The ambitions of Elon Musk’s group to transform the automotive industry Read more…

By , 4 years ago February 9, 2023
Cryptocurrencies

Twitter’s Newest Product Enhancement Aims to Fix Something Elon Musk Called “Absurd” When He Took Over

Elon Musk makes good on a promise to expand the microblogging website’s capabilities and put an end to an ‘absurdity.’ Back in November Elon Musk made a promise. The Tesla  (TSLA) – Get Free Report CEO Read more…

By , 4 years ago February 9, 2023
Cryptocurrencies

Disney CEO Makes a Crucial Decision About Selling ESPN

The sports network has been leader of its class for years, but can recent moves salvage it as the space gets increasingly crowded? Disney  (DIS) – Get Free Report reported Q1 2023 earnings to a hoard Read more…

By , 4 years ago February 9, 2023
Cryptocurrencies

Disney Restructures; Here’s How to Trade the Stock

Returning CEO Bob Iger has unveiled a series of moves at the Mouse House. Here’s the setup on the chart. Shares of Disney  (DIS) – Get Free Report are active on Thursday, rising as much as Read more…

By , 4 years ago February 9, 2023
Cryptocurrencies

Jim Cramer Names 10 Stocks He Thinks Have ‘Room to Run’

These stocks are poised for a rebound in 2023, according to Cramer. Despite a choppy start to the year, the Dow Jones Industrial Average is up more than 3% year-to-date and up about 4% since Read more…

By , 4 years ago February 9, 2023
Cryptocurrencies

Canadian Dollar Technical Forecast: USD/CAD Battle Lines Drawn

Canadian Dollar technical forecast: USD/CAD weekly trade levels Canadian Dollar reverses sharply off trend support USD/CAD marks outside-weekly reversal – range breakout pending Resistance 1.3545, 1.3685/91, 1.3881– support 1.3225, 1.3113 1.2990-1.3023(key) The Canadian Dollar has Read more…

By , 4 years ago February 9, 2023
Cryptocurrencies

Notorious Las Vegas Strip Property Nears Sale; New Casino Likely

A complicated set of transactions should create a parcel of land big enough to build a major new Las Vegas Strip casino. Land on the Las Vegas Strip has become especially precious because few plots Read more…

By , 4 years ago February 9, 2023
Cryptocurrencies

US – Soft Landing to No Landing?

US – Soft landing to no landing? From soft landing to no landing? The turnaround in macro momentum could prolong the need for tight monetary policy as labour markets remain too hot. January core CPI Read more…

By , 4 years ago February 9, 2023
Cryptocurrencies

XAU/USD: Gradual Recovery May Lose Traction and Turn Price to Sideways Mode

Recovery rally from $1860 (Feb 6 low) extends into fourth straight day and accelerated on Thursday, underpinned by weaker dollar. Although the recent recovery was steady, gains were rather small and continued to face headwinds, Read more…

By , 4 years ago February 9, 2023

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