Category: dips
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Asia FX muted after mixed China PMIs, dollar dips as rate cut bets grow By Investing.com
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Investing.com — Most Asian currencies held tight ranges on Monday, as sentiment toward the region was weighed down by weak Chinese trade data, while the dollar fell amid some growing bets on interest rate cuts. A sharp downward revision to Japan’s first-quarter GDP growth also kept sentiment towards Asia largely…
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Lido DAO price gains amid market-wide dips
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read DAO(I am doing) recorded a significant price increase this week, outperforming both Bitcoin (BTC) and Ethereum (ETH). However, technical analysis of the symbol shows rising downward pressure. LDO price is up 11.6% in the past 14 days. If the Lido DAO price chart on Trading View is any indication,…
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Lido DAO price gains amid market-wide dips
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read DAO(I am doing) recorded a significant price increase this week, outperforming both Bitcoin (BTC) and Ethereum (ETH). However, technical analysis of the symbol shows rising downward pressure. LDO price is up 11.6% in the past 14 days. If the Lido DAO price chart on Trading View is any indication,…
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Oil dips after hitting seven-week highs on demand hopes, war jitters By Reuters
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Written by Deep Kaushik Vakil and Nia Williams (Reuters) – Oil prices fell on Wednesday after hitting a seven-week high, as summer demand optimism and concerns about escalating conflicts outweighed an industry report that said inventories had risen unexpectedly. By 1803 GMT, futures fell six cents, or 0.1%, to $85.33…
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XRP Price Dips To Support, Can It Bounce Back And Restart Increase?
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XRP price started a new decline from the $0.5320 resistance area. It is now testing the $0.5180 support and may also test the $0.5120 support area. XRP failed near $0.5320 and a bearish correction began. The price is now trading below $0.5250 and the 100 hourly simple moving average. There…
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XRP Price Dips To Support, Can It Bounce Back And Restart Increase?
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XRP price started a new decline from the $0.5320 resistance area. It is now testing the $0.5180 support and may also test the $0.5120 support area. XRP failed near $0.5320 and a bearish correction began. The price is now trading below $0.5250 and the 100 hourly simple moving average. There…
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Stocks Rise, Dollar Dips on Hopes for Fed Easing: Markets Wrap
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(Bloomberg) — Asian stocks rose while the dollar fell on expectations of a rate cut from the Federal Reserve this year, and U.S. inflation data due this week are likely to indicate an easing of price pressure. Most read from Bloomberg Stock markets in Hong Kong, China, Australia, South Korea…
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US dollar dips vs yen after Fed’s Waller rules out rate hikes again By Reuters
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By Gertrude Chavez-Dreyfus and Stefano Ribaudo NEW YORK/MILAN (Reuters) – The U.S. dollar fell against the yen on Tuesday in a volatile session after Federal Reserve Governor Christopher Waller reiterated that raising interest rates is unlikely at this stage because inflation appears to be on track to meet the central…
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Bitcoin Price Dips Yet Stays Positive: Market Sentiment Remains Upbeat
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Bitcoin price extended its rally above the $67,500 resistance level. BTC tested the $68,000 resistance level and is currently correcting gains. Bitcoin started a downward correction after rising towards the $68,000 resistance area. The price is trading below the $67,000 level and the 100 hourly simple moving average. There was…
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Plug Power rises to top industrial gainer of week, while IES Holdings dips
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audioundwerbung/iStock via Getty Images Selected Industrial Sector (XLI) declined-0.28%) for the week ending May 17 after gaining for three straight weeks, while the SPDR S&P 500 Trust ETF (SPY) rose (+1.65%) Climb four weeks on the trot. Year-to-date, or since the beginning of the year, XLI has risen +9.95% SPY…
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Avalanche (AVAX) Price Dips As Market Turbulence Persists
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fax It is the native utility code for Avalanche blockchain. The token is currently ranked 12th by market cap, with a total supply of 440,043,419 AVAX and a total trading volume of over $396,250,098 in the last 24 hours. Since its recent decline at $36.15, AVAX has continued to move…
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SolarEdge dips after another weak quarter
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It was another weak first quarter for solar solutions company SolarEdge Technologies (Nasdaq: SEDG), and the company’s Q2 guidance suggests a recovery isn’t anytime soon. A sign of this appeared two weeks ago, when competitor Enphase Energy (Nasdaq: ENPH) released financial statements indicating that a recovery in the market was…
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Asia FX dips as dollar steadies from payrolls plunge; yen reverses course By Investing.com
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Investing.com — Most Asian currencies fell on Monday as the dollar stabilized from Friday’s decline after weaker-than-expected jobs data led markets to increase bets on interest rate cuts by the Federal Reserve. The Japanese yen was the worst performer in Asia, as it reversed course after clear government intervention last…
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Atlanta Fed GDPNow Q2 growth estimate dips to 3.3% from 3.9%
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…