Category: climbs
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As Bitcoin Climbs, Can XRP Price Catch The Wave?
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Ayush Jindal, one of the prominent figures in the world of financial markets, has more than 15 years of brilliant experience in the fields of forex and cryptocurrency trading. Known for his unparalleled proficiency in delivering technical analysis, Ayush is a trusted advisor and top market expert to investors around…
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Oil price climbs to 6-week high, breaks key resistance levels
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The price of crude oil rose today and broke above the double top on the hourly chart as well as the 50% midpoint of the move down from the August 13 high. These levels come in at $72.36 and $72.67, respectively. A break to the upside took the price towards…
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Aussie hits 2024 high as RBA stays hawkish; yuan climbs on China stimulus By Reuters
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By Kevin Buckland TOKYO (Reuters) – The Australian dollar rose to its highest level this year on Tuesday as the central bank underlined its determination to tame stubborn inflation, while the yuan rose to a 16-month high after fresh stimulus steps from China. The Reserve Bank of Australia kept interest…
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Aussie hits 2024 high as RBA stays hawkish; yuan climbs on China stimulus By Reuters
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By Kevin Buckland TOKYO (Reuters) – The Australian dollar rose to its highest level this year on Tuesday as the central bank underlined its determination to tame stubborn inflation, while the yuan rose to a 16-month high after fresh stimulus steps from China. The Reserve Bank of Australia kept interest…
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Canadian dollar climbs on retail sales surprise. What’s next
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The Canadian dollar is in an interesting position at the moment. Locally, it is clear that the real estate markets painful It will take at least a 200 basis point rate cut to fix this. But that is coming. The government is also very unpopular but change is coming there…
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Bitcoin Climbs With US Equity Futures as Traders Digest Fed Cut
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(Bloomberg) — Bitcoin hit a three-week high alongside a jump in U.S. stock futures as a sharp interest rate cut by the Federal Reserve rattled markets. Most Read from Bloomberg The digital currency rose about 3.9% before trading at $61,900 as of 7:11 a.m. Thursday in London. S&P 500 futures…
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Nasdaq 100 Climbs 1% as Nvidia Leads Tech Rally: Markets Wrap
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(Bloomberg) — A rally in shares of some of the world’s biggest technology companies spurred a stock market rebound in a volatile session as traders digested faster-than-expected inflation data. Most Read from Bloomberg The S&P 500 pared losses after falling more than 1.5% earlier in the day. The Nasdaq 100…
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Israel’s fiscal deficit climbs again
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Israel’s fiscal deficit rose again for the 17th consecutive month, after reaching zero in March 2023. The deficit in the 12 months to the end of August this year amounted to 8.3% of GDP, or NIS 161 billion, Finance Ministry Accountant General Yali Rotenberg reported today. The figure at the…
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Gold climbs to the highs of the day, nears new record
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gold 10 minutes The daily chart of gold has had a nice turnaround. It dropped about $15 after a round of USD buying on the back of good GDP data, but has since regained all that and more. The bids came in just before $2,500, and now the price is…
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Wall Street climbs as investors focus on Nvidia results By Reuters
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By Noel Randwick (Reuters) – Technology stocks rose on Tuesday in mixed trading ahead of a highly anticipated quarterly report from Nvidia Corp on Wednesday and economic data expected later in the week. The benchmark S&P 500 and Nasdaq swung between gains and losses, with focus on results due Wednesday…
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Sterling climbs to highest since March 2022 against dollar By Reuters
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(Reuters) – Sterling rose to its highest level in more than two years against the dollar on Friday, helped by fresh signs of strength in the British economy and dovish comments from Federal Reserve Chairman Jerome Powell that pushed the greenback lower against many global currencies. The pound jumped 0.7%…
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Australia’s Challenger climbs to 1-1/2-year high on bright outlook, annual earnings beat By Reuters
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By Rajasik Mukherjee (Reuters) – Challenger Ltd shares rose to their highest in about 16 months on Tuesday after the Australian investment manager beat estimates on annual profit, while investors also welcomed its earnings outlook for fiscal 2025. The stock rose about 10% to its highest level since Feb. 20,…
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Ethereum Price Climbs To $3,500 Ahead Of Spot ETF Trading In US
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The cryptocurrency market has been abuzz with excitement over the imminent launch of Ethereum exchange-traded funds (ETFs) in the United States, following the long-awaited Ethereum ETF consentThe expectations surrounding these financial instruments have had a significant impact on the price of Ethereum, the second-largest cryptocurrency by market cap. In this…
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Ethereum Price Climbs To $3,500 Ahead Of Spot ETF Trading In US
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The cryptocurrency market has been abuzz with excitement over the imminent launch of Ethereum exchange-traded funds (ETFs) in the United States, following the long-awaited Ethereum ETF consentThe expectations surrounding these financial instruments have had a significant impact on the price of Ethereum, the second-largest cryptocurrency by market cap. In this…
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Dollar climbs for the week, cyber outage unsettles investors By Reuters
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By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose on Friday and was on track to end a two-week losing streak as investors fretted over a global computer outage that has hit banks, airlines and broadcasters, although volatility in currency markets was largely contained. A software update by global…
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Euro lower after ECB stands pat, dollar climbs after data By Reuters
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By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) – The Japanese yen hit a six-week high before retreating against the dollar on Thursday, keeping traders on alert for signs of official buying, while the euro steadied ahead of a European Central Bank meeting. The single European currency held near four-month…
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XRP Climbs 10% In Bullish Trade By Investing.com
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Investing.com – XRP was trading at $0.4968 by 00:26 (04:26 GMT) on the Investing.com Index on Saturday, up 10.07% on the day. It was the biggest one-day percentage gain since March 11. This upward move pushed XRP’s market cap to $27.5901 billion, or 1.29% of the total cryptocurrency market cap.…
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Bitcoin Climbs Above $57K as This Popular Meme Coin Explodes 40%: Weekend Watch
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The past 24 hours have seen the cryptocurrency market continue to recover, regaining $2.213 trillion in total market cap. This comes against the backdrop of Bitcoin’s price surging above $57,000 and other altcoins posting fairly significant gains. Bitcoin price reclaims $57K like Crypto Potato Bitcoin reportedly rose 4% in a…
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Cardano climbs as cryptocurrency market rebounds
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Cardano (ADABitcoin (BTC), the eighth-largest cryptocurrency by market cap, has seen a significant price increase of 3.4% in the past 24 hours. Cardano’s price surge comes amid a broader rally in the cryptocurrency market. Bitcoin and Ethereum are also seeing slight gains of 2.5% and 2.2%, respectively. bullish reversal Technical…