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Category: Cryptocurrencies

Cryptocurrencies

German Inflation Surprise Good for EUR

Today we have seen the first slowdown in annual inflation in seven months, but the data is better than expected. In January, consumer prices rose 0.4%, up 4.9% on the same month a year earlier. Read more…

By , 4 years ago January 31, 2022
Cryptocurrencies

Stocks Point to Mixed Open, Oil Rises

Stocks are set for a mixed start as geopolitical concerns and central banks remain in focus. US futures Dow futures -0.35% at 34600 S&P futures -0.20% at 4423 Nasdaq futures +0.25% at 14488 In Europe Read more…

By , 4 years ago January 31, 2022
Cryptocurrencies

Stocks to Log a Sharp Monthly Loss; Aussie Picks Up Steam ahead of RBA

Stock indices consolidate January’s heavy losses; Eurozone bond yields spike January has been a rough month for global stock markets as more central banks prioritized their price objectives amid the inflation storm, with the Fed Read more…

By , 4 years ago January 31, 2022
Cryptocurrencies

Euro Takes Breather after Rough Week

The euro is calm on Monday, after enduring a brutal week. The US dollar was broadly higher last week and steamrolled over the euro, as EUR/USD fell 1.72%. On Friday, the euro dropped as low Read more…

By , 4 years ago January 31, 2022
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1121; (P) 1.1148; (R1) 1.1173; More… Intraday bias in EUR/USD is turned neutral with current recovery. Some consolidations could be seen but upside should be limited well below 1.1482 resistance. On the Read more…

By , 4 years ago January 31, 2022
Cryptocurrencies

Euro Rebounds as German Benchmark Yield Turns Positive, Aussie Firmer ahead of RBA

Euro rebounds notably today as Germany 10-year yield turns positive. Nevertheless, Australian Dollar is even stronger as markets await RBA rate decision. On the other hand, Dollar and Yen are paring some recent gains. Sterling Read more…

By , 4 years ago January 31, 2022
Cryptocurrencies

Teenager Asks Elon Musk for $50,000 to Scrub Jet-Tracking Twitter

Elon Musk says he doesn’t love the idea of ‘being shot by a nutcase.’ A 19-year-college student asked Elon Musk for $50,000 to stop tracking the movements of the Tesla  (TSLA) – Get Tesla Inc Report CEO’s Read more…

By , 4 years ago January 31, 2022
Cryptocurrencies

AUD/NZD resumes rally as RBA awaited, some previews

AUD/NZD rises sharply today as markets await RBA rate decision in the upcoming Asian session. Given the surprise drop in unemployment and strong inflation data, RBA is likely to just wrap up the QE program, Read more…

By , 4 years ago January 31, 2022
Cryptocurrencies

BlackBerry Hits Send On Handset History, Sells Legacy Patents For $600 Million

BlackBerry  (BB) – Get BlackBerry Limited Report shares moved lower Monday after the tech group sold rights to the legacy patents that powered its eponymous mobile phone handset that once rivalled Apple’s  (AAPL) – Get Apple Inc. Read more…

By , 4 years ago January 31, 2022
Cryptocurrencies

BoE Preview: BoE Set for Two Consecutive Hikes?

When will the BoE rate decision be announced? The BoE interest rate decision is due to be announced on Thursday February 3rd at 12:00 midday. What to expect? In December the BoE voted 8-1 in Read more…

By , 4 years ago January 31, 2022

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