The dollar maintains firm tone against of basket of its major counterparts and extended gains to the highest since May 2020 on Monday. High uncertainty over the war in Ukraine and pessimistic tone on soaring Read more…
Markets A month ago ECB president Christine Lagarde flagged the ECB would take a close look at the inflation scenario. If necessary, the review could lead to a reassessment of the ECB’s policy roadmap that Read more…
Even as losses for crypto investors mount, the industry has found a surprising defender for these volatile digital assets in Congress. Cryptocurrency doesn’t have too many friends in President Joe Biden’s administration. Bitcoin, the world’s most Read more…
Ukraine’s vice Prime minister says the country raised $50 million in cryptocurrency. Cryptocurrency prices were off Monday as Russia stepped up its invasion of Ukraine and the embattled nation continued to raise money for military Read more…
Cathie Wood’s investment strategy divides investors. In 2020, it felt like popular investment manager Cathie Wood could do no wrong. Her flagship ARK Innovation ETF (ARKK) – Get ARK Innovation ETF Report soared over 300% after Read more…
The Australian dollar has taken a breather, as it trades just slightly below the 0.74 line. AUD/USD has posted small losses on Monday, after posting impressive gains of 2% last week. The war in Ukraine Read more…
Cable remains firmly in red on Monday and extends steep fall into third straight day, dragged by fresh risk aversion that pushed global stocks lower. After last week’s strong upside rejection and weekly close below Read more…
US stocks point to a weaker start after oil prices rise over $120, fuelling stagflation fears. US futures Dow futures -0.5% at 33470 S&P futures -0.4% at 4310 Nasdaq futures -0.45% at 13774 In Europe Read more…
Daily Pivots: (S1) 114.49; (P) 115.02; (R1) 115.40; More… Intraday bias in USD/JPY remains neutral as sideway trading continues. On the upside, firm break of 116.34 will resume larger up trend from 102.58 to 118.65 Read more…
Daily Pivots: (S1) 0.9152; (P) 0.9181; (R1) 0.9198; More…. Range trading continues in USD/CHF and intraday bias remains neutral for the moment. Choppy rise from 0.8925 would still be in favor to extend higher as Read more…