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Yearly Archives: 2023

FOREX-Yen teetering near multi-decade lows keeps markets on intervention watch

(Updates prices to 1220 GMT) By Rae Wee and Alun John SINGAPORE/LONDON, Nov 14 (Reuters) - The Japanese yen was under pressure on Tuesday,...

Gold (XAU/USD) – Sitting on Technical Support as US Inflation Report Nears

Gold (XAU/USD) Analysis, Prices, and ChartsUS inflation report the next driver for gold’s price action.The 200-day simple moving average provides short-term support.Learn How to...

Ripple exec reiterates need for tech-neutral crypto regulations

A Ripple executive has re-emphasized the need to adopt a technology-neutral approach for more effective and adaptable guardrails as global regulators grapple with cryptocurrency...

Home Depot (HD) Q3 2023

Home Depot's quarterly sales declined 3% from the year-ago period, but topped Wall Street's expectations as customers chipped away at more modest projects and...

GROK Token, Inspired by Elon Musk’s X AI, Dropped 50% After Being Linked to a ‘Scammer’

GROK, an X AI-inspired token, lost nearly $100 million in capitalization in the past 24 hours as its developer was linked to previously rug-pulled...

Crude Oil & US CPI Key Factors

USD/CAD ANLAYSIS & TALKING POINTSCrude oil to be closely monitored after large decline.US CPI central to Fed expectations.Long upper wick & bearish divergence couple...

LONDON MARKET MIDDAY: FTSE 100 underperforms before US … – London South East

LONDON MARKET MIDDAY: FTSE 100 underperforms before US ...  London South East www.lse.co.uk

EUR/USD and EUR/JPY Could Stand to Benefit This Week

Euro Analysis (EUR/USD, EUR/JPY)Second Data Estimate Points to Stagnant European GrowthEurope has been the center of pessimistic fundamental data in recent months as the...

BlockFi, FTX Can Start Mediation, File Counterclaims as Automatic Stay Is Lifted by U.S. Judge

The stay has been modified to allow FTX debtors to make "arguments, defenses, counterclaims, setoffs, or otherwise ... with respect to the BlockFi claims...

Owner of Hong Kong crypto exchange OSL secures $90M investment

BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has announced a significant investment from industry firm BGX.BC Technology entered...

Why Trump Seems Less Vulnerable on Abortion Than Other Republicans

He appointed judges who overturned Roe, but his vague statements on the issue may give him some leeway with voters. www.nytimes.com

Capital Gains Tax Applies to Wrapped Tokens and DeFi, Australian Tax Authority Clarifies

“Being able to wrap tokens is a valuable and necessary cross-chain interoperability tool,” said Michael Bacina, Digital Assets lawyer at Piper Alderman Lawyers. “To...

Bad Feelings About the Economy Sour Arizona Voters on Biden

The White House has hailed new investments and new jobs, yet many voters in a battleground state are chafing at inflation and housing costs. www.nytimes.com

German ZEW Investor Sentiment Rises Despite Euro Area GDP Contraction

Implications for Economic Forecasting This positive development in the ZEW Economic Sentiment Index could hint at a more bullish short-term economic forecast for Germany, potentially...

Dow, Nikkei 225 and CAC 40 Gains Slow ahead of US Inflation Data

Article by IG Chief Market Analyst Chris BeauchampDow Jones, CAC 40, Nikkei 225 Analysis and Charts​​​Dow breaks trendline resistance​The price continued to gain on...

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