Category: Decline
-
Oil smoked in a 4% decline. On track for the lowest close since 2021
•
WTI Daily Crude The price of a barrel of WTI crude oil is now at $65. It fell 4% on the day, or $2.75, to $65.96, its worst level since May 2023. It has traded as low here on a handful of days in 2023, but if it finishes at…
-
Oil smoked in a 4% decline. On track for the lowest close since 2021
•
WTI Daily Crude The price of a barrel of WTI crude oil is now at $65. It fell 4% on the day, or $2.75, to $65.96, its worst level since May 2023. It has traded as low here on a handful of days in 2023, but if it finishes at…
-
Citi forecasts further US dollar decline amid global slowdown By Investing.com
•
Citigroup has expressed a view that the US dollar is likely to weaken further in the near term, although it maintains a bullish stance on the currency for the next month or two. The brokerage stressed that this outlook is not in favour of a broad-based strengthening of the dollar…
-
Citi forecasts further US dollar decline amid global slowdown By Investing.com
•
Citigroup has expressed a view that the US dollar is likely to weaken further in the near term, although it maintains a bullish stance on the currency for the next month or two. The brokerage stressed that this outlook is not in favour of a broad-based strengthening of the dollar…
-
Bitcoin Active Addresses Decline Sharply As Market Volatility Intensifies
•
Bitcoin investors Cryptocurrencies appear to be showing a cautious approach as evidenced by the recent significant drop in the number of active BTC addresses, indicating a decline in on-chain activity as market instability continues. Bitcoin sees decline in active addresses Kyle Dobbs, market expert and host of Crypto Banter, subscriber…
-
Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says
•
This article is also available in Spanish. Bitcoin price fluctuations recentlyincluding the collapse below $50,000 last month, which has slowed the momentum of the cryptocurrency market significantly. Expected to rise by many analystsDespite the calm prices, one cryptocurrency analyst believes that Bitcoin’s rally is still on track, and predicts a…
-
Approaching $0.3389 Support With Potential For A Deeper Decline
•
My name is Godspur Oye, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the way of life. My parents are the backbone of my story. They have always…
-
Toncoin Tumbles To $4.6 As Bears Eye Further Decline, Will Support Hold?
•
My name is Godspur Oye, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the way of life. My parents are the backbone of my story. They have always…
-
Toncoin Tumbles To $4.6 As Bears Eye Further Decline, Will Support Hold?
•
My name is Godspur Oye, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the way of life. My parents are the backbone of my story. They have always…
-
Dollar drops against yen but broadly stable after last week’s decline By Reuters
•
By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) – The dollar fell to a three-week low against the yen on Monday but halted its recent slide against most other currencies as investors assessed the possibility that the U.S. Federal Reserve will soon begin a series of interest rate cuts. The…
-
Riots cause 4.8% decline in footfall on UK high streets as shoppers avoid areas amid looting fears
•
Shopper numbers on UK high streets fell by 4.8% between Sunday and Wednesday, as recent riots across England and Belfast deterred shoppers, leading to widespread vandalism and looting. The fall, reported by property software company MRI Software, significantly outpaces the 2.7% fall seen across all UK retail destinations, including out-of-town…
-
ForexLive Asia-Pacific FX news wrap: BOJ’s Uchida triggered a sharp yen decline
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
USD/CAD pushes higher as brent crude extends decline to $3
•
Commodity currencies are in an interesting position at the moment. The US dollar is falling on several fronts as the market reconsiders the path of the Federal Reserve’s money. But they are reconsidering that because of slowing growth and inflation. Prices are also relatively high in the commodity bloc, currently…
-
Intel leads chip stocks decline after results, outlook weighs on investor sentiment
•
Sefa Ozil Intel CorporationNASDAQ:INTC) chip stocks fell Friday after the company’s second-quarter results and guidance rattled investors and analysts alike. arm (army) -8%Micron (MU) technology -7%semiconductors (ON) -5%Taiwan Semiconductor Manufacturing Company (TSM) -5%Analog devices (Adi) -4%NXP Semiconductor Corporation (NXPI) -4%Broadcom (I am bored) -3%Texas Instruments, Inc.TXN) -3%Nvidia (NVDA program) -1%and…
-
Wells Fargo sees slower US dollar decline through 2025 By Investing.com
•
Wells Fargo has updated its currency market forecasts, expecting a gradual decline in the value of the US dollar over the medium term compared to previous expectations. The bank’s forecasts indicate a moderate decline in the value of the dollar through most of 2025. This forecast is based on an…
-
Asian foreign reserves decline in 2024 first half By Reuters
•
Written by Bhaturaja Murugabhupathi and Gaurav Dogra (Reuters) – Asia’s foreign exchange reserves have fallen this year as central banks intervene to support their currencies, with Japan, Indonesia and South Korea leading the declines. Foreign reserves in 12 countries, from Japan to India, fell by about $50 billion to $7.5…
-
Bitcoin’s bullish sentiment in ‘serious decline’
•
Positive sentiment for Bitcoin has seen a “serious decline,” according to analysts at market intelligence platform Santiment. On Thursday, as Bitcoin (BTC) struggled to regain its recent bullish trajectory, Santiment noted that funding rates were indicating an increase in bearish bets. “The positive sentiment towards Bitcoin has declined despite the…
-
Ethereum, Polygon lead charge despite decline in buyers
•
The non-fungible token, or NFT, market saw a 7.68% increase in sales volume this week, reaching $109 million, with notable activity on the Ethereum (ETH) and Polygon (MATIC) blockchains. However, this rise came against the backdrop of a massive decline in the number of NFT buyers and sellers, which fell…
-
Ethereum, Polygon lead charge despite decline in buyers
•
The non-fungible token, or NFT, market saw a 7.68% increase in sales volume this week, reaching $109 million, with notable activity on the Ethereum (ETH) and Polygon (MATIC) blockchains. However, this rise came against the backdrop of a massive decline in the number of NFT buyers and sellers, which fell…