Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Binance to launch $1B fund to develop BSC ecosystem Binance,
Month: October 2021
What are the charts saying for the major currency pairs. Heading into the new trading week, what key technical levels are in play that traders around the world will be watching (and why?). Below are the stories….. EURUSD: The EURUSD traded to a a new low for the year this week taking out the October 6
WTI crude oil up 97-cents to $82.28 What a run it’s been for the crude oil bulls in basically a straight line to $82 from $62 on August 23. This is the eighth straight week of gains in crude and the highest close since 2014. Today is contract expiration and there’s moderate backwardation through the
Gems and jewellery exports rose by 29.67% to Rs 23,259.55 crore in September 2021 compared to Rs 17,936.86 crore in the year-ago month, according to the Gem and Jewellery Export Promotion Council (GJEPC). In September 2019, the shipments were worth Rs 23,491.20 crore. For the April-September period, the shipments surged by 134.55% to Rs 1,40,412.94
Richmond Federal Reserve President Thomas Barkin said Friday he’s on board with reducing the amount of economic help the central bank is providing as concerns grow about inflation. With the Fed indicating that it’s likely to start pulling back on its monthly bond purchases, Barkin said that seems reasonable and he’s leaning toward beginning the
In this article WBA Rafael Henrique | LightRocket | Getty Images Walgreens Boots Alliance on Thursday exceeded Wall Street’s expectations for fiscal fourth-quarter earnings, as the company saw a surge in demand for Covid-19 vaccines amid a growing number of employer mandates. Shares were up more than 2% early Thursday in premarket trading. The drugstore chain
Best Forex Trading System – Part 4.4 – Critical Study of SR Fractals and FX Flows
The Dow Jones Industrial, the S&P 500, and the Nasdaq Composite posted gains between 0.7% and 1.6% on Friday. US Retail Sales surprised to the upside, while the University of Michigan Consumer Sentiment Index fell. The USD/JPY reached five-year highs above 114.00. Bitcoin broke the $60,000 barrier, trades at All-Time-Highs. US equities finished on a
Yen’s selloff accelerated rather steeply last week, on the back of surging commodity and energy prices. Dollar was also pressured this time, as treasury yields retreated and on late rally in stocks. Euro was not to far away, as pressured by selloff in crosses. On the other hand, commodity currencies ended broadly higher, as led
Test of 100 hour MA at the high, finds sellers. The USDCHF on the hourly chart below, shows an up and down kind of day. That is the reverse of yesterday’s day which saw the price first move lower, before snapback higher. The run higher today reached up toward the 100 hour moving average and the 38.2% retracement
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Oil marketing companies have once again hiked fuel prices today, taking petrol and diesel prices to their highest ever levels across the country. This is the 14th time that petrol price has been hiked in two weeks, while diesel rates have gone up on 17 times in three weeks. Both petrol and diesel prices raised
In this article DPZ Domino’s in Denmark Francis Dean Domino’s Pizza shares were down more than 3% in premarket trading after the pizza chain’s third-quarter revenue fell short of estimates and its U.S. same-store sales turned negative. The pandemic brought skyrocketing demand for Domino’s pizza in its home market, but as consumers were vaccinated and
The British pound continues its rally against the Japanese yen on the back of BoE’s hiking rates expectations. The market sentiment is upbeat, boosting risk-sensitive currencies like the Sterling. Japanese Finance Minister said that currency stability is “very important” and will keep an eye on the forex market moves. The GBP/JPY extends its seven-day rally
At the FOMC minutes for the September meeting, the members sent more hints about QE tapering. It is highly likely a formal announcement will be made in November, barring abrupt deterioration of pandemic condition and power shortage problems. On economic developments, the Fed acknowledged that “economic activity had continued to expand in recent months, though
Bitcoin (BTC) rose within a few steps of $63,000 today for the first time since April 18. The recent surge in the price may have been caused after various documents pointed to the eventual approval of a futures-based BTC ETF by the United States Securities and Exchange Commission. According to these documents, the regulator may
The NASDAQ back above its 200 hour moving average. S&P running away from its 50 day moving average The major US stock indices continue to move higher. With the S&P index up about 34 points or 0.77% at 4473. The NASDAQ index is up about 70 points or 0.48% at 14894. For the S&P index, it close
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