A Salvadoran teenager shares his journey of completing El Salvador’s Bitcoin diploma program, Mi Primer Bitcoin, meaning My First Bitcoin. Now, he has returned to his former high school to educate the teachers about Bitcoin (BTC). In a series of tweets on July 8, 18-year-old Gerardo Moran revealed that El Salvador’s Bitcoin diploma program, Mi
GBPUSD based at swing area and raced higher…. The GBPUSD is extended to a new high for the day and in the process is pushing to the high from June 22 at 1.28349 (breaking above that level now). The high from June 16 at 1.28478 is the next target. Move above that and the GBPUSD
GBPUSD 4 hour chart The pound has extended today’s day to 100 pips, touching 1.2848 in a late-week push. As the 4-hour chart above shows, buyers ran into the June high of 1.2848 exactly before backing off a few pips. The bulls may try to make another push late or in low liquidity at the
The week ending July 7 turned out to be a week of whipsaws for the gold traders as, depending on the US data released through the week, the metal swung from one end to the other end of its current trading range of $1900-$1950. The US macroeconomic data released in the week were mixed. ISM
Share: Mexican Peso recovers as weak US data sparks a sell-off, bringing USD/MXN down from a four-week high. US job growth disappoints, triggering Dollar weakness; inflation fears persist as Average Hourly Earnings rise. Mexican inflation declines for the fifth month, defying estimates; CME FedWatch Tool shows heightened odds for a Fed rate hike. The Mexican
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EURUSD targets the swing area The EURUSD continued its run to the upside and in the process has now reached the next key swing area between 1.09618 and 1.09759. The high price reached 1.09725. The current price trades at 1.0966. The move to the upside took the steps outlined in the pre-employment video. IN that
IATA chart Global air travel is perhaps the single-best indicator of covid impacts and the latest data shows that we’re on the cusp of a full retracement. The May report from IATA shows that passenger-kilometers are at 96.1% of the pre-pandemic level, which is up 39.1% year-over-year. I strongly suspect the job is completed in
A weaker than expected non-farm payroll data in the US enthused bullion as the yellow metal ended with sharp gains on Friday. But the outlook for bullion is expected to remain sideways over this week, investors can find buying opportunities on dips. While the unemployment rate retreated from its 7-month high, the numbers were far
Japanese Yen exhibited an impressive rally last week and ended as the strongest performer. The move was spurred by Japan’s substantial wage growth, which shot JGB yield higher and countered the impact of rising benchmark yields in the US and Eurozone. In light of these developments, signs are pointing towards a potential bullish reversal for
A Now hiring sign at McDonald”u2019s restaurant in Yorba Linda, CA, on Monday, Sept. 13, 2021 offering pay from $15 an hour for new employees as signs around the region are getting the cold shoulder from workers reluctant to resume service-industry jobs.” Jeff Gritchen | Medianews Group | Getty Images The U.S. labor market showed
Share: On Friday, the EUR/JPY found support at the 155.40 area, near the 20-day SMA and then settled at 155.80 The JPY strengthen agains most of its rivals amid strong Labor Cash Earning data from Japan. Eyes on German CPI data next Tuesday. At the end of the week, the EUR/JPY traded with losses for
More than $765,000 worth of nonfungible tokens has been stolen as part of a reported SIM swap attack on the GutterCatGang NFT project. The security breach was highlighted by several NFT community members at around 8 pm UTC on July 7, with GutterCatGang co-founder @GutterMitch tweeting out a warning that: “Our Twitter has been compromised
Crude oil moves up to test its 100 day moving average The price of WTI crude oil futures settled at $73.86. That’s up $2.06 or 2.87%. The gain equaled the gain from July 5 which is the largest gain since June 15. The low price reached $71.19. The high price was at $73.91. The lower
Markets: Gold up $13 to $1924 WTI crude oil up $1.86 to $73.66 US 10-year yields up 2.3 bps to 4.06% S&P 500 down 0.2% JPY leads, USD lags The initial reaction to the non-farm payrolls report was mixed as the softer headline competed with higher-than-anticipated wage growth. The dollar fell, then recovered most of
COMEX Gold prices are poised for the fourth consecutive weekly decline and are hovering near four-month lows, weighed down by higher treasury yields and steady greenback. The yellow metal started the week on a positive note, after the ISM Manufacturing PMI in the United States fell to 46 in June 2023, from 46.9 in May