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Price action for Bitcoin (BTC) and the wider cryptocurrency market was relatively subdued on May 27 as nervous traders remain unsure of what comes next following last week’s market plunge that saw leveraged traders wiped out as BTC dipped as low as $30,000 before its price rebounded. Data from Cointelegraph Markets Pro and TradingView shows
Will be extended through to June 20. The extension had been well and truly flagged, over and over. Thus, no surprise. Japan’s Tokyo Olympics re scheduled to begin on Friday, 23 July 2021 (through to Sunday 8 August) … there are lots of murmurings of cancellation, let’s see how it goes. Invest in yourself. See our
Dow and S&P up for the second straight day. The major indices are closing with modest changes on the day. The Dow is leading the way with a gain of 0.4%. The Dow and S&P are up for the second straight day The NASDAQ remains on track for its 1st monthly loss since October Dow and S&P are both on track
NEW YORK: prices were steady on Thursday, bolstered by strong US economic data that offset investors’ concerns about the potential for a rise in Iranian supplies. Brent fell 2 cents to $68.85 a barrel by 10:52 a.m. EDT (1452 GMT). US West Texas Intermediate (WTI) crude was unchanged at $66.21 a barrel. The number of
Sterling jumps broadly today as a BoE officials indicated that rate hike could come next year. UK Prime Minister Boris Johnson also said there is nothing in data that suggests a delay to reopening on June 21, even though some more time is needed to assess the situation. Nevertheless, Canadian Dollar is even stronger for
The U.S. jobs market edged closer to its pre-pandemic self last week as initial jobless claims totaled just 406,000 for the week ended May 22, the Labor Department reported Thursday. While that level is still well above the norm before Covid-19 struck in March 2020, it is the closest to the previous trend since the
In this article CRM Marc Benioff, CEO of Salesforce. Adam Jeffery | CNBC Salesforce shares rose 2% in extended trading on Thursday after the cloud software maker reported fiscal first-quarter earnings that surpassed analysts’ expectations. Here’s how the company did: Earnings: $1.21 per share, adjusted, vs. 88 cents per share as expected by analysts, according
USD/JPY is likely to extend the previous day’s gain. Rise in US Treasury yields fuel the US dollar demand. Eyes on Japan unemployment, US PCE data. he USD/JPY pair remains on track to extend the previous day’s gain on the last trading day of the week. The appreciative move in the US dollar lifts the
NYT report The era of high spending won’t end any time soon. Voters don’t care about deficits anymore and neither do governments. The NYT reports that Biden will propose the federal government to spend $6 trillion in the 2022 fiscal year, and for total spending to rise to $8.2 trillion by 2031. The report has
Little change observed across the board so far today The dollar is keeping steadier after a modest advance yesterday with major currencies not doing a whole lot as we head into European morning trade. Dollar pairs are mostly within 0.1% changed at the moment as traders continue to search for clues on how to proceed
NEW DELHI: Gold prices retreated from its four and half month high on Thursday, hurt by an uptick in the US dollar and bond yields, while investors awaited key economic readings out of the United States this week. Domestic markets, too, witnessed a muted trade. The dollar index rose to a one-week high against rivals,
Overall markets are mixed for now, except the clear strength in New Zealand Dollar this week. While Aussie is also trading higher against others, it’s lagging Kiwi by a mile. Dollar recovered overnight but once again lost momentum quickly. Canadian Dollar has also found some footing after yesterday’s pull back. In other markets, Asia markets
Snowflake banners decorate the New York Stock Exchange to market the debut of the software company’s shares in New York on Sept. 16, 2020. Source: Snowflake Snowflake shares fell as much as 8% in extended trading on Wednesday after the data-analytics software company barely met analysts’ expectations for product revenue, the company’s main source of
EUR/USD meets support in the 1.2175/70 band. The upside is now limited by the 1.2270 region. The downside pressure in EUR/USD looks well contained in the vicinity of 1.2170 for the time being. This area of contention is reinforced by a Fibo level (of the November-January rally and the short-term support line (off March lows).
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