Hopes for a bitcoin ETF have spurred the bitcoin rally to $31000 from $25000 but they hit a speedbump today with a breaking WSJ report that the SEC rejected the applications. All is not lost though as the story indicates they can re-file to address surveillance issues. “Some industry watchers predicted that BlackRock’s filing would
Gold prices rose Rs 80 to Rs 59,030 per 10 grams in the national capital on Friday amid gains in overseas precious metal prices, according to HDFC Securities. The yellow metal had settled at Rs 58,950 per 10 grams in the previous trade. Silver, however, tumbled Rs 550 to Rs 70,700 per kilogramme. “Gold slightly
Dollar sees a significant dip in early US session after release of economic data showed a slower than expected headline PCE inflation and a slight decline in core PCE inflation. In contrast, Eurozone reported a tick up in core inflation for the same period. Stock futures rally on this news, while benchmark treasury yields dip
Pixelcatchers | E+ | Getty Images It’s not an easy time to be a small business in search of financing. For LGBTQ owners, the struggle has been even harder. LGBTQ-owned businesses reported more rejections than non-LGBTQ businesses that applied for funding, according to a 2022 report from Movement Advancement Project, a nonprofit think tank that
Share: Natural Gas price recovers following the release of US inflation data which comes out lower than expected, weighing on the US Dollar. Natural Gas had been trading flat-to-lower prior to the data on Friday due to greater-than-expected stockpiles in Europe. This largely eclipsed US data out on Thursday showing a fall in inventories last week. Natural
The New Zealand central bank is ramping up its monitoring of stablecoins and crypto-assets following public submissions, but has stopped short of calling for a “regulatory approach.” In a June 30 statement, Ian Woolford, the Reserve Bank of New Zealand’s (RBNZ) director of money and cash said that the RBNZ agrees that “a regulatory approach
In this #shorts you will learn one of the best scalping indicators for the 1-minute frame. But it is also suitable to use for higher time frames like 2-minute, 3 minute, 5 minute . For this #scalpingstrategy I have used 2 different #tradingview indicator. First one is Hull Suite from InSilico and the second indicator
Want some of MY Trades? ? https://t.me/TWPVIPBot In this episode, I will explain the 94.44% WIN Rate Supply and Demand Trading Strategy. Supply and Demand is the best Forex trading strategy in 2023. It’s what I used this week for a 99.44% backtest, and 100% win rate on live trades. There are many different indicators
I know…. the USDJPY is overbought. The RSI is above the 70 level indicative of an overbought condition in the USDJPY. The RSI in the USDJPY has not been this high since October 2022. The problem is the USDJPY has been overbought over the last 6-7 days. During that time, the price has moved up
That set it on the path from the break of 140.00 to having touch a high of 145.07 earlier today. The 145.00 mark is where we can start to gauge intervention territory by Japanese officials, something which was pointed out here earlier this month. There has already been plenty of verbal warnings but that is
Gold struggled for momentum in early Asian trading on Friday, as traders awaited key U.S. inflation numbers due later in the day after a slew of strong data prints and hawkish comments from Federal Reserve officials raised bets of more rate hikes. FUNDAMENTALS * Spot gold was flat at $1,908.33 per ounce by 0122 GMT.
In today’s Asian trading session, forex markets are experiencing a lull, with most of the major currency pairs and crosses moving within the boundaries set by yesterday’s trading ranges. The anticipated volatility sparked by the robust remarks from the heads of the ECB, Fed, BoE, and BoJ during the ECB forum overnight failed to materialize.
Share: USD/INR edges lower on Friday and extends the overnight pullback from a two-week high. The technical setup still favours bullish traders and supports prospects for additional losses. Some follow-through buying beyond the 82.25 area is needed to negate the negative outlook. The USD/INR pair edges lower during the Asian session on Friday and moves
In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT A customer enters a Nike store along the Magnificent Mile shopping district on December 21, 2022 in Chicago, Illinois. Scott Olson | Getty Images Nike missed on earnings during its fiscal fourth-quarter for the first time in three years as the retailer reported lower margins
Share: Pending Home Sales in the US unexpectedly fell in May. US Dollar Index holds in positive territory, moves off highs. Pending Home Sales in the US declined by 2.7% on a monthly basis in May, the data published by the National Association of Realtors showed on Thursday. This reading followed April’s 0.4% slide (revised
The AUDUSD has been stepping lower since peaking on June 16. Yesterday the pair: Stayed below the 20200-dayoving average of 0.66904 Extended below the 50% midpoint of the move up from the June 1 low as 0.66785. Moved below a swing area between 0.6637 and 0.6652 Moved below the 61.8% retracement of the move up
The Ukrainian offensive isn’t going well and it may be clear to the US and NATO that the equipment they have won’t be enough to re-take lost territory and win the war. So the US is upping the ante. The WSJ reports the US is close to approving the transfer of the Army Tactical Missile