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Month: April 2022
Netflix’s new crypto documentary titled Trust No One: The Hunt for the Crypto King was released on Wednesday amid much fanfare. The documentary is based on the mysterious death of the now-defunct crypto exchange QuadrigaCX founder. [embedded content] The founder of the crypto exchange allegedly died on a trip to India. Along with him, he
NZDUSD trades above and below the 100/200H MAs The NZDUSD has been trading above and below its near converged 100/200 hour MAs at 0.6938 area. The current price is trading at 0.6930 – below those two key moving average levels. However, adding some caution is that the price has been trading above and below those
With the bond selloff resuming, USD/JPY is tracking higher although it is off its earlier high of 122.75 to 122.30-40 levels currently. The pair stays underpinned as month-end and quarter-end trading is also out of the way now, allowing traders to focus a little bit more with less uncertainty. The dollar in itself is trading
TOKYO – The International Energy Agency will hold an emergency meeting on Friday among consuming nations to discuss a new release of strategic reserves alongside a plan by the United States to pump massive supplies starting in May to cool soaring oil prices. Major consumers are seeking ways to ease the impact of global oil
The forex markets are rather steady in Asian session today. Focuses will turn to Eurozone CPI flash and US non-farm payrolls employment. Euro is so far still the strongest one for the week, but it will need some inspiration from inflation data to give it another lift. Dollar will particularly look into wage growth data
A Kremlin spokesperson said on Friday that Russia will not turn off gas supplies to Europe from April 1. “Payments on gas deliveries due after April 1 come in the second half of April and May,” the spokesperson explained. Additional takeaways “Gazprom will closely work with its gas buyers.” “Russian President Vladimir Putin’s order of