Category: continues
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Why the US dollar continues to weaken and the case for more selling from here
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The US dollar fell to new lows on the day across the board (but not yet against the pound). The market continues to digest Powell’s comments, and the front end of the yield curve remains the place where the strongest buying is taking place. The 2-year Treasury note fell 9…
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After yacht sinks off Sicily, search continues for six missing By Reuters
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PALERMO, Sicily (Reuters) – Rescue teams in Sicily were preparing to resume the search for six people missing, including British businessman Mike Lynch and his daughter, after a violent storm hit a luxury yacht and it sank on Monday, killing one person on board. The British-flagged 56-metre (184-foot) sailing ship…
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This New Gambling Token Continues To Grow as Experienced ETH Investors Get Involved
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Mbebe (Mbebe) Mpeppe (MPEPE) is making waves, especially among experienced Ethereum (ETH) investors. As this new coin gains momentum, it is attracting the attention of those with a lot of experience in the crypto space. Here’s why Mpeppe (MPEPE) is becoming an asset to watch. The Role of Ethereum (ETH)…
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USD/JPY tumble continues in drop below 144.00 mark
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USD/JPY Daily Chart The pair has just hit a fresh low for the day at 143.55, threatening a drop of over 2% today alone. This comes as traders are desperate to escape to safety as markets have entered full-blown panic mode. Equity markets have been hammered with the Nikkei down…
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The rotation trade continues to bite with chipmakers on the defensive
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This is one of the most unusual periods the markets have ever seen. It’s hard to pinpoint what’s happening, but consider the following: The Russell 2000 rose 12% in five days. According to John Authers, this move in the past 30 years has been surpassed only by the sudden spikes…
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Ripple (XRP) price gets overbought as whale accumulation continues
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Ripple price saw a strong recovery this week, driven by increased whale activity. Ripple (XRP) price has seen a strong recovery this week, driven by increased whale activity. XRP surged to $0.5705 on Tuesday, its highest level since April 12, marking a 50% gain from its lowest point this month.…
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Ripple (XRP) price gets overbought as whale accumulation continues
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Ripple price saw a strong recovery this week, driven by increased whale activity. Ripple (XRP) price has seen a strong recovery this week, driven by increased whale activity. XRP surged to $0.5705 on Tuesday, its highest level since April 12, marking a 50% gain from its lowest point this month.…
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‘Meltdown’: A week later, WestJet continues to feel the fallout from mechanics strike
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Breadcrumbs Path Links PMN Business Article author: Canadian Press Christopher Reynolds Posted on July 07, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. WestJet is still feeling the effects of a machinists’ strike a…
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Solana-based memecoin Billy continues upward trend, soars over 44% days after listing
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Billy (BillySolana (SOL), a dog-themed coin on the blockchain, has surged over 44% in value in the past 24 hours. This rise is a continuation of the amazing performance achieved by the currency after its listing on several major cryptocurrency exchange platforms in June. According to the Daily HoddleBILLY has…
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Solana-based memecoin Billy continues upward trend, soars over 44% days after listing
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Billy (BillySolana (SOL), a dog-themed coin on the blockchain, has surged over 44% in value in the past 24 hours. This rise is a continuation of the amazing performance achieved by the currency after its listing on several major cryptocurrency exchange platforms in June. According to the Daily HoddleBILLY has…
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Bitcoin Price Decline Continues: Lower Targets in Sight
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Bitcoin price has started another decline from the $66,850 resistance area. BTC is once again moving lower and may drop below the $65,500 support area. Bitcoin failed to rise above $67,000 and started another decline. The price is trading below the $66,800 level and the 100 hourly simple moving average.…
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USD continues its run to the upside. Dollar at new highs vs EUR, GBP, JPY, CHF AUD & NZD
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The US dollar continues to rise in an uptrend, with the US dollar making new highs against all major currency pairs except the Canadian dollar. Euro against the US dollar. EURUSD is testing the 38.2% retracement level of the upward move from the May 1 low. This level comes at…
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Futures subdued after tech rally; Nvidia continues to climb
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(Reuters) – S&P 500 and Dow Jones futures were little changed on Thursday as investors awaited new data to gauge the strength of the U.S. labor market, while Nasdaq futures rose as gains by artificial intelligence favorite Nvidia boosted optimism about… Technology sector. A tech rally on Wednesday pushed the…
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XRP Price Struggle Continues: Will It Find Support?
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XRP price extended its losses below the $0.5120 support area. It has tested the $0.5080 area and is now trying another recovery wave towards $0.5350. XRP is struggling to start a new increase above the $0.5250 resistance area. The price is now trading below $0.5150 and the 100 hourly simple…
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AntPool mines 7 consecutive blocks, ‘centralization trend’ continues
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AntPool, the second-largest Bitcoin (BTC) mining pool, mined seven consecutive blocks on May 17, raising concerns within the cryptocurrency community about the network’s security. This blockchain confirmed 20,686 transactions, resulting in over 23 bitcoins, worth approximately $1.54 million in revenue. The mining spree occurred between block heights 843,898 and 843,904,…
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AntPool mines 7 consecutive blocks, ‘centralization trend’ continues
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AntPool, the second-largest Bitcoin (BTC) mining pool, mined seven consecutive blocks on May 17, raising concerns within the cryptocurrency community about the network’s security. This blockchain confirmed 20,686 transactions, resulting in over 23 bitcoins, worth approximately $1.54 million in revenue. The mining spree occurred between block heights 843,898 and 843,904,…
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XRP Sinking? Why Altcoin’s Price Continues Downward Plunge
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The once-thriving cryptocurrency Ripple (XRP) finds itself in a precarious situation. Last month was marked by a significant drop in the value of XRP, leaving investors and analysts in a state of uncertainty. While some fear a continuation of the decline, others see the possibility of a return, with technical…
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EURUSD runs higher. USD move to the downside continues
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EUR/USD rises as the dollar is sold. Above 100 hours MA. The US dollar is under increasing pressure. Initial jobless claims in the US were weaker and began to decline. For EURUSD, it is moving above the technical zone defined by the swing zone between 1.0752 and 1.0756 (see chart…
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Azerbaijani oil continues flowing to Israel via Turkey
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Türkiye has not yet stopped loading oil tankers in the port of Ceyhan heading to Israel, according to Israeli sources. Azerbaijan is an important supplier of oil to Israel, via the Baku-Tbilisi-Ceyhan (BTC) pipeline, at the end of which the oil is loaded onto tankers that transport it to Haifa.…