Category: falling
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Bitcoin Finally Breaks Above Falling Wedge Pattern—Here’s The Next Target
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Lagging UK Stock Market Falling Behind Canada in Value Ranks
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Breadcrumb links BMN Business The UK stock market lags behind Canada in terms of the value of listed companies, dealing another blow to London’s flagging stock market, which has been overshadowed by rising stock exchanges such as India’s in recent years. Article writer: Bloomberg News Geoffrey Morgan, Stephanie Hughes and…
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Bitcoin Miner Selling Pressure Falling, Will BTC Find Support At $60,000?
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Bitcoin is selling off at writing and approaching psychological support at $60,000. From what’s clear on the daily chart, it represents a weak start to Q4 2024 – a historically bullish quarter. Bitcoin miners reduce their dumping While Bitcoin is under pressure, down nearly 10% from its September highs, it…
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Dogecoin About To Break Out Of Falling Wedge, Get Ready For 1,150% Surge To $1.6
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Cryptocurrency analyst Trader Tardigrade has demonstrated the possibility Bullish development on Dogecoin chart It can send the price to the sky. If this breakout occurs as the analyst expects, the price of Dogecoin could reach a brand new all-time high next year. Bitcoin exiting the falling wedge pattern In the…
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Dogecoin About To Break Out Of Falling Wedge, Get Ready For 1,150% Surge To $1.6
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Cryptocurrency analyst Trader Tardigrade has demonstrated the possibility Bullish development on Dogecoin chart It can send the price to the sky. If this breakout occurs as the analyst expects, the price of Dogecoin could reach a brand new all-time high next year. Bitcoin exiting the falling wedge pattern In the…
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More from Goolsbee: Until the rate, falling inflation has meant Fed has been tightening
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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…
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Hedge funds snap up US tech stocks amid falling rates, says Goldman Sachs
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LONDON (Reuters) – Hedge funds bought U.S. technology and media stocks at their fastest pace in four months last week, driven by an expected 50 basis point interest rate cut by the Federal Reserve, a Goldman Sachs note to clients seen by Reuters on Monday said. Lower interest rates are…
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Singapore’s Oil Party Spoiled by Falling Prices and China Gloom
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Breadcrumbs Path Links PMN Business The oil party isn’t over yet – but for the top traders and executives gathering for talks and cocktails on rooftops in Singapore this week, the euphoria that came with the huge profits of recent years is fast fading. Article author: Bloomberg News Serene Cheung…
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Falling Pump Prices Blunt Trump’s Inflation Attacks on Harris
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Breadcrumbs Path Links PMN Business Steadily falling gasoline prices are providing a boost to Vice President Kamala Harris’s campaign for the nation’s top job as Donald Trump seeks to anger consumers tired of inflation by attacking her energy record. Article author: Bloomberg News Ari Natter and Julia Vanzeres Published on…
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Why Nvidia Stock Is Falling Today
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Nvidia (NASDAQ: NVDA) The stock fell Thursday after the company released its second-quarter earnings results. The artificial intelligence leader’s stock was down 3.2% as of 10:15 a.m. ET, according to data from S&P Global Market Intelligence. Nvidia Corp. reported second-quarter results after the market closed yesterday, and they came in…
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Strategists explain why falling inflation won’t help stocks anymore By Investing.com
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The stock market posted a mix of gains and losses during Wednesday’s session as investors examined the latest consumer price index (CPI) data, according to a Sevens report. Ultimately, the index edged up slightly to close with a modest gain of 0.38%. The day started on an upbeat note as…
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Inflation dips to 46-month low on falling food, energy costs
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Kenya’s consumer prices rose at the slowest rate in 46 months in July, mainly due to lower average food and energy prices, official data showed. Inflation – a measure of the increase in the cost of goods and services compared to the previous year – fell to 4.3 percent from…
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Intel’s Sales Slump Shows Price of Falling Behind in AI Race
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(Bloomberg) — Intel Corp. shares fell more than 19% after delivering a slew of dizzying news, including a bleak growth outlook and plans to cut 15,000 jobs, in the latest sign the chipmaker is ill-equipped to compete in the age of artificial intelligence. Most Read from Bloomberg The company said…
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Here’s a forecast for a 25bp RBA rate hike next week – citing inflation not falling
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ING Bank’s response to today’s inflation data from Australia: If you want a reason to keep rates unchanged at the August 6 meeting, today’s core numbers somewhat support the “let’s give the economy the benefit of the doubt” argument. The decision taken in August is certainly more balanced today than…
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AUD, NZD falling again | Forexlive
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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…
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US asset prices are rising despite falling money supply By Investing.com
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Gavical Research experts highlighted the unusual trend of rising US asset prices despite the contraction of the money supply, which is a deviation from the typical correlation where excessive growth in the money supply leads to an increase in asset prices. While the traditional link showed signs of weakness, US…
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Why Is ETH Price Falling Despite SEC Approving All Spot Ethereum ETFs?
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Ethereum (ETH) price. It failed to achieve any significant rise after the approval of the Securities and Exchange Commission (SEC). Ethereum ETFs. This is undoubtedly surprising, given that the approval was expected to lead to a massive rise in the prices of the second largest cryptocurrency token. Why ETH price…
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Why Is ETH Price Falling Despite SEC Approving All Spot Ethereum ETFs?
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Ethereum (ETH) price. It failed to achieve any significant rise after the approval of the Securities and Exchange Commission (SEC). Ethereum ETFs. This is undoubtedly surprising, given that the approval was expected to lead to a massive rise in the prices of the second largest cryptocurrency token. Why ETH price…
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Elbit Systems conundrum: Rising orders, falling stock
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Defense budgets around the world are rising, and defense companies are benefiting from the growing demand for their products. Elbit Systems (TASE: ESLT, Nasdaq: ESLT) also continues to report large contracts. Its backlog of purchase orders reached a record $17.8 billion at the end of last year, and just this…