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Category: Cryptocurrencies

Cryptocurrencies

Nasdaq Jumps on Strong Earnings, ADP Payrolls Fall

The Nasdaq is set to outperform after stellar results from Alphabet and AMD. ADP payrolls unexpectedly fall. US futures Dow futures +0.18% at 35448 S&P futures +0.77% at 4578 Nasdaq futures +1.4% at 15204 In Read more…

By , 4 years ago February 2, 2022
Cryptocurrencies

Stocks Extend Gains, Dollar Retreats Amid Improving Risk Tone

Dollar slips; euro and pound advance The dollar continues to lose ground for the third consecutive session as long-term Treasury yields extend their decline and seem unable to gain traction. Moreover, the soaring risk appetite Read more…

By , 4 years ago February 2, 2022
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 114.45; (P) 114.82; (R1) 115.07; More… Break of 114.46 minor support suggest that rebound from 113.46 is finished at 115.68. Intraday bias is back on the downside. Corrective pattern from 116.34 is Read more…

By , 4 years ago February 2, 2022
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9184; (P) 0.9230; (R1) 0.9257; More…. Intraday bias in USD/CHF remains on the downside for 0.9090 support. Firm break there will argue that choppy rise from 0.8925 has completed, and turn near Read more…

By , 4 years ago February 2, 2022
Cryptocurrencies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3464; (P) 1.3496; (R1) 1.3557; More… GBP/USD’s break of 1.3523 minor resistance suggests that fall from 1.3748 is completed at 1.3356. Intraday bias is back on the upside for 1.3748 resistance first. Read more…

By , 4 years ago February 2, 2022
Cryptocurrencies

PayPal Stock Plummets To 20-Month Low On eBay Hit To 2022 Outlook, Strategy Shift

PayPal shares are set to open near the lowest levels since the peak of the 2020 pandemic following a disappointing outlook for near-term revenues and shift in its growth strategy. Updated at 9:35 am EST Read more…

By , 4 years ago February 2, 2022
Cryptocurrencies

Google Wants to Add Value to web3, But Will it Catch Up With Metaverse Rivals?

CEO Sundar Pichai says the internet giant is looking at this new technology, which is one of the buzzword in the tech world. Google  (GOOGL) – Get Alphabet Inc. Class A Report has not yet said Read more…

By , 4 years ago February 2, 2022
Cryptocurrencies

Wendy’s Offers Free Nuggets, Fries to Catch Up to McDonald’s in Key Area

The home the square hamburger, the Frosty, and the Baconator wants to drive its customers to adopt one specific behavior. Wendy’s (WEN) – Get Wendy’s Company Report competes with key rivals McDonald’s (MCD) – Get Read more…

By , 4 years ago February 2, 2022
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1236; (P) 1.1258; (R1) 1.1294; More… EUR/USD’s break of 1.1299 minor resistance suggests that fall form 1.1482 has completed. Intraday bias is back on the upside for 1.1482 resistance first. Firm break Read more…

By , 4 years ago February 2, 2022
Cryptocurrencies

Euro Jumps on Record Inflation, Dollar Tumbles on Poor ADP Job Data

Dollar tumbles broadly today as markets are staying in risk-on mode. Additional selling pressure is seen on the greenback after shocking poor ADP job data. On the other hand, Euro is lifted by another record Read more…

By , 4 years ago February 2, 2022

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