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Category: Investments

Cryptocurrencies

McDonald’s Tesla Joke Sends Fake Grimacecoins to the Moon

Opportunists quickly made a lot of money by creating fake coins to benefit from a tweet from McDonald’s highlighting its adorable character Grimace. Here’s a scenario to which cryptocurrency fans are accustomed: An influencer praises Read more…

By , 3 years ago January 26, 2022
Cryptocurrencies

Sunset Market Commentary

Markets European stock markets rebounded in today’s countdown session to the FOMC meeting. Main indices gain around 2%. US benchmarks open up to 1.5% stronger (Nasdaq), but doesn’t seem to build on opening momentum. Core Read more…

By , 3 years ago January 26, 2022
Cryptocurrencies

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.2595; (P) 1.2632; (R1) 1.2666; More… Intraday bias in USD/CAD remains neutral and further rise is mildly in favor with 1.2553 minor support intact. Pull back from 1.2964 should have completed with Read more…

By , 3 years ago January 26, 2022
Cryptocurrencies

CAD Dives after No So Hawkish BoC, Stocks Rebounding

Canadian Dollar tumbles notably in early US session after much less hawkish then expected BoC rate decision. The central bank stands pat while lowering both inflation and growth forecasts. Elsewhere in the currency markets, Yen Read more…

By , 3 years ago January 26, 2022
Cryptocurrencies

BoC keeps overnight rate at 0.25%, lowers GDP and CPI forecasts

The central bank adopts a hawkish bias and said “the Governing Council expects interest rates will need to increase, with the timing and pace of those increases guided by the Bank’s commitment to achieving the Read more…

By , 3 years ago January 26, 2022
Cryptocurrencies

Buffalo Won’t Go to the Super Bowl, So Shake Shack Goes to Buffalo

The burger is launching the Buffalo Chicken Sandwich and Buffalo Spiced Cheese Fries ahead of the Super Bowl. Thirteen seconds and a coin flip gave Josh Allen an unexpected (and underserved based on his stellar Read more…

By , 3 years ago January 26, 2022
Cryptocurrencies

(BOC) Bank of Canada maintains policy rate, removes exceptional forward guidance

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ½ % and the deposit rate at ¼ %. With Read more…

By , 3 years ago January 26, 2022
Cryptocurrencies

NZ Dollar Flat ahead of CPI and the Fed

It has been a quiet week for the New Zealand dollar, but that could change later in the day, with two key releases. The Federal Reserve holds a policy meeting and New Zealand releases CPI Read more…

By , 3 years ago January 26, 2022
Cryptocurrencies

Stocks on Firm Footing ahead of FOMC, Tech Earnings

As we discussed the potential for a rebound in our report yesterday, the markets have in fact gone up from oversold levels. Europe was doing particularly well this morning, with the major indices being up Read more…

By , 3 years ago January 26, 2022
Cryptocurrencies

Nasdaq Roars Higher as Tech Earnings Impress, Fed Decision Due

Microsoft’s stronger than expected guidance, has helped distract investors ahead of the looming Fed meeting. US futures Dow futures +1.06% at 34678 S&P futures +1.4% at 4423 Nasdaq futures +2.06% at 14465 In Europe FTSE Read more…

By , 3 years ago January 26, 2022

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