Bitcoin fell below $33,000 for the first time since last summer on Monday, extending its peak-to-trough slump to more than 51%. Bitcoin prices slumped lower Monday, extending its 2022 decline for the world’s biggest cryptocurrency Read more…
As yields on government debt continue to press higher, investors are forced to get out of assets that pay low or no interest or dividend… Not even gold is able to decouple itself from the Read more…
WTI crude oil reversed from resistance zone Likely to fall to support level 105.00 WTI crude oil recently reversed down from the resistance zone lying between the key resistance level 108.80 (top of the previous Read more…
NZDUSD broke key support level 0.6410 Likely to fall to support level 0.6300 NZDUSD currency pair under the bearish pressure after the price broke the key support level 0.6410 (which reversed the price sharply at Read more…
The US dollar continues to post gains and is in positive territory at the start of the week. USD/CAD is trading at 1.2934 in the European session, up 0.20% on the day. Canada unemployment drops Read more…
Stock futures extend slump as China adds to growth concerns; Week Ahead: inflation in focus as earnings season slows; Uber shares slide on report of cost-cutting, hiring slowdown; Apple shares slump amid disruption at key Read more…
EURUSD is tiptoeing around more than five-year low levels and the pair’s efforts to improve seem to be to no avail, leaving no fingerprint of clear gains as the bearish bias overwhelms. That said, the Read more…
Bitcoin is trading near $33.5K on Monday morning, declining for the fifth consecutive day. Over the past 24 hours, losses are 2.3%, and are approaching 14% over the past seven days. Ether loses 3.5% in Read more…
Global stocks are still on edge as worries about the Federal Reserve continued. Futures tied to the DAX and Nasdaq 100 continued dropping in early trading. The sell-off accelerated when the Fed decided to reduce Read more…
The selloff in Chinese Yuan accelerates again today as the Chinese government tightened up city-wide lockdown in Shanghai again. The decision came after President Xi Jinping’s pledge last week to double down on the “battle” Read more…