Cryptocurrencies
Temporary Comfort
European stock markets have been given an unexpected boost on Tuesday following reports that the bloc is close to an agreement on fresh joint bond sales to fund major projects. It was reported that the Read more…
Cryptocurrencies
Stocks Steady as US Plans to Announce Russian Oil Restrictions
US stocks point to a steady start as the White House prepares to announce a ban on Russian oil and as US companies continue the exodus from Russia. US futures Dow futures -0.1% at 33790 Read more…
Cryptocurrencies
Cathie Wood Watch: Ark Sells Social Media and Defense, Buys Gambling
Asset manager Cathie Wood on Monday bought and sold a number of household names as the stock market tumbled. Investment star Cathie Wood, chief executive of Ark Investment Management, on Monday bought and sold a Read more…
Cryptocurrencies
Dollar and US Futures Look Steady; Gold Shines
Ukraine – Russia tensions; rouble continues the drop Russia-Ukraine peace talks have made no headway, and despite Germany’s resistance to a ban on Russian energy imports, oil futures have fallen from a 14-year high reached Read more…
Cryptocurrencies
Sunset Market Commentary
Markets At the start this morning, it looked that trading would continue on yesterday’s risk-off script. Volatility remained elevated and so were energy/commodity prices. Uncertainty was fueled further by comments from Russian officials that the Read more…
Cryptocurrencies
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 114.94; (P) 115.21; (R1) 115.58; More… Intraday bias in USD/JPY remains neutral as range trading continues. On the upside, firm break of 116.34 will resume larger up trend from 102.58 to 118.65 Read more…
Cryptocurrencies
USD/CHF Mid-Day Outlook
Daily Pivots: (S1) 0.9193; (P) 0.9232; (R1) 0.9295; More…. USD/CHF is still bounded in sideway trading and intraday bias remains neutral. Choppy rise from 0.8925 would still be in favor to extend higher as long Read more…
Cryptocurrencies
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3054; (P) 1.3152; (R1) 1.3201; More… GBP/USD’s decline is still in progress and intraday bias stays on the downside. Current down trend from 1.4248 is still in progress. Firm break of 61.8% Read more…
Cryptocurrencies
Joe Biden Plans to Issue Crypto Executive Order
President Biden’s executive order is expected to explore the possibility of a new central bank digital currency. President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the Read more…
Cryptocurrencies
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.0795; (P) 1.0864; (R1) 1.0921; More… EUR/USD is staying in consolidation form 1.0805 temporary and intraday bias remains neutral. Stronger recovery cannot be ruled out. But upside should be limited by 1.1120 Read more…