Month: May 2022

London-based asset manager Fasanara Capital has launched a $350 million investment fund to back fintech and cryptocurrency startups that can deliver new use cases for the emerging Web3 economy.  The company, which manages $3.5 billion in assets, is targeting early-stage startups in the fintech and crypto spheres. It plans to establish long-term relationships with project
0 Comments
AUDUSD down for the 4th consecutive day The  AUDUSD  bounced higher last week (see daily chart above) taking the price up to retest the 100 day MA (blue line in the chart above) currently at 0.72557. The high price reached 0.7264 on Wednesday and 0.7265 on Thursday (just above that MA) before starting its run
0 Comments
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday, Feb. 13, 2020. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller pledged Tuesday that the rate-setting group wouldn’t make the same mistakes on inflation
0 Comments
“The US GDP will increase by 2.6% this year,” said Atlanta Fed President Raphael Bostic. The policymaker also mentioned that the economy is strong, and demand is high. Watch here: Atlanta Fed President Bostic speaking at The Financial Markets Conference Additional comments Fed policy must be robust, vigilant, and adaptive. Market implications Following the comments, EUR/USD
0 Comments
WTI crude oil move down to test a key swing area today The price of WTI crude oil futures are settling at $99.76 That is down $3.33 or -3.23% The high price last Thursday peaked at $111.37 on Friday, the high price reached $111.18. Yesterday the price tumbled. That move to the downside continued today
0 Comments
In this article COIN Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase reported first-quarter earnings that missed analyst estimates after the bell on Tuesday. Shares fell as much as 19% in
0 Comments